Business Bible News Market Minute: October 16 @ 9:30AM ET

This is a Business Bible News Market Minute for Thursday October 16 at 9:30 AM Eastern Time. According to Bloomberg, Taiwan Semiconductor Manufacturing Company raised its revenue growth forecast for 2025 for the second time this year, indicating continued strength in global artificial intelligence spending. Global markets are up today. In overseas trading, the Nikkei is up 603 points. The Nasdaq is up 148 points to 22,670. Gold is up $86 to $4,263 per ounce. Today's Daily Principle is ECONOMICS, specifically dealing with Scarcity. This principle is found in 2 Corinthians 9–8. The verse reads: 'And God is able to give you more than you need, so that you will always have all you need for yourselves and more than enough for every good cause.' Learn more at businessbible.com where Daily News meets Daily Principle.