Business Bible News Market Minute: May 8 @ 4:00PM ET

This is a Business Bible News Market Minute for Friday May 8 at 4:00 PM Eastern Time. According to Investor's Business Daily, Cloudflare stock falls after the company announced a plan to cut more than 1,100 people as A I use at the cybersecurity firm grows. Global markets are up today. In overseas trading, the Nikkei is up 3,102 points. The Nasdaq is up 433 points to 26,239. Oil is trading at $94 per barrel while gold is at $4,734 per ounce. Today's Daily Principle is BUSINESS, specifically dealing with Wages. This principle is found in 1 Kings 5–6. The verse reads: 'So send your men to Lebanon to cut down cedars for me. My men will work with them, and I will pay your men whatever you decide. As you well know, my men don't know how to cut down trees as well as yours do.' Learn more at businessbible.com where Daily News meets Daily Principle.