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

This is a Business Bible News Market Minute for Friday March 20 at 6:00 AM Eastern Time. According to Bloomberg, Alibaba Group Holding Limited and Tencent Holdings Limited lost $66B of market value in roughly 24 hours, after the market punished the twin leaders of China’s tech arena for failing to lay out clear visions for how to profit off artificial intelligence. Global markets are down today. In overseas trading, the Nikkei is down 1,900 points. The Dow is down 203 points to 46,021. Oil is trading at $95 per barrel while gold is at $4,676 per ounce. Today's Daily Principle is BUSINESS: MANAGEMENT, specifically dealing with Fair Value. This principle is found in 2 Samuel 24–24. The verse reads: "But the king answered, “No, I will pay you for it. I will not offer to the Lord my God sacrifices that have cost me nothing.” And he bought the threshing place and the oxen for $50 pieces of silver." Learn more at businessbible.com where Daily News meets Daily Principle.