Business Bible Podcast

Business Bible Headlines: December 22 @ 4:00PM ET

This is a Business Bible News Headlines for Monday December 22 at 4:11 PM Eastern Time, Business Bible News where Daily News meets Daily Principle. In today's business headlines, Alphabet agrees to buy Intersect Power for $4.75B, according to the Financial Times. This acquisition highlights Alphabet's commitment to expanding its renewable energy portfolio as it aims to achieve sustainability goals. In another significant development, Jim Cramer expresses optimism over Nvidia's potential as reports suggest positive developments in its dealings with China. CNBC reports that this news could bode well for Nvidia's future in the tech market. Meanwhile, Harbour Energy, a North Sea operator, has made headlines by acquiring Gulf of Mexico oil company LLOG for $3.2B, as reported by the Financial Times. This strategic move is part of Harbour Energy's efforts to diversify its assets and enhance its operations in critical energy markets. In the realm of financial services, Palmer Luckey's digital bank has been valued at over $4B, as detailed by Axios. This valuation reflects the growing interest in innovative banking solutions and the increasing role of digital finance in today's economy. Lastly, as the S&P 500 rises to start a holiday-shortened week, driven by tech gains, CNBC provides live updates on market movements and investor sentiment. The overall trading environment appears to be cautiously optimistic as investors assess market performance heading into the holiday season. BBNews Market Analysis indicates that global markets are mixed today. In overseas trading, the Nikkei leads the way with a move of 875 points. In US markets, the S&P 500 is up 41 points to 6,876, while the Dow Jones Industrial Average is up 215 points to 48,350, and the Nasdaq Composite is up 118 points to 23,426. The ten year Treasury yield is at 4.17. Commodities are seeing Brent Crude up $1 to $57 per barrel and Gold up $111 to $4,473 per ounce. In sports news, ESPN reports on the NFL playoff picture and the updated chances for teams to clinch open spots and win division titles as the season approaches its conclusion. Additionally, in entertainment news, Lady Gaga has announced that her 'Harlequin Live' concert film will be released on YouTube Christmas Eve, as covered by Variety. The Daily Principle today is investing, specifically dealing with time horizon 3 years. This principle is found in 1 Kings 10–22. The verse reads: 'He had a fleet of ocean-going ships sailing with Hiram's fleet. Every three years his fleet would return, bringing gold, silver, ivory, apes, and monkeys.' This principle emphasizes the importance of long-term planning and patience in business investments. Just as the fleet returns every 3 years with valuable resources, businesses should consider the time horizon for their investments and plan accordingly for sustainable growth and returns. Learn more at businessbible.com where Daily News meets Daily Principle.