Business Bible News Market Minute: May 27 @ 9:30AM ET

This is a Business Bible News Market Minute for Wednesday May 27 at 9:30 AM Eastern Time. According to Bloomberg, the breakneck surge in memory-chip stocks is intensifying, sending the market capitalizations of SK Hynix Inc. and Micron Technology Inc. above $1T for the first time, as investors bet the AI boom will lead to a sustained revaluation of the industry. Global markets are mixed today. In overseas trading, the Nikkei is up 99 points. The Nasdaq is up 312 points to 26,656. Oil is trading at $89 per barrel while gold is at $4,442 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.