Business Bible News Market Minute: December 5 @ 8:30AM ET

This is a Business Bible News Market Minute for Friday December 5 at 8:30 AM Eastern Time. According to Investor's Business Daily, Meta stock surged after reports indicated that executives are considering budget cuts of up to 30% for the company's metaverse division. Global markets are mixed today. In overseas trading, the Nikkei is down 572 points. The Nasdaq is up 54 points to 23,508. Oil is trading at $59 per barrel while gold is at $4,257 per ounce. Today's Daily Principle is BUSINESS: MANAGEMENT, specifically dealing with Fair Value. This principle is found in First Chronicles 21–22. The verse reads: 'David said to him, “Sell me your threshing place, so that I can build an altar to the Lord, to stop the epidemic. I'll give you the full price.”' Learn more at businessbible.com where Daily News meets Daily Principle.