Business Bible News Market Minute: July 1 @ 12:00PM ET

This is a Business Bible News Market Minute for Wednesday July 1 at 12:00 PM Eastern Time. According to Bloomberg, Meta Platforms Inc. is developing plans for a cloud infrastructure business that will sell access to AI computing power, creating new competition for industry leaders like Amazon Web Services, Microsoft Azure and Google Cloud. Global markets are up today. In overseas trading, the Nikkei is up 958 points. The Dow is up 313 points to 52,632. Oil is trading at $68 per barrel while gold is at $4,101 per ounce. Today's Daily Principle is BUSINESS: MANAGEMENT, specifically dealing with Fair Value. This principle is found in 1–21:22. 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.