Business Bible News Market Minute: July 20 @ 6:00AM ET

This is a Business Bible News Market Minute for Monday July 20 at 6:00 AM Eastern Time. According to Bloomberg, Moonshot AI's release of Kimi K3 is raising questions about the future of computing power, as fears about the implications of artificial intelligence continue to impact the market. Global markets are down today. In overseas trading, the Nikkei is down 2,722 points. The Dow is down 394 points to 52,158. Oil is trading at $81 per barrel while gold is at $4,024 per ounce. Today's Daily Principle is ECONOMICS, specifically dealing with Recession. This principle is found in Genesis 41–30. The verse reads: 'After that, there will be seven years of famine, and all the good years will be forgotten, because the famine will ruin the country.' Learn more at businessbible.com where Daily News meets Daily Principle.