President Trump’s announcement of a 25% tariff on the European Union caused significant market turmoil, impacting both traditional and digital assets. Bitcoin’s price sharply declined, dropping below $84,000 and losing over 5% within hours, influencing the broader cryptocurrency index, CoinDesk20, which fell by 2.3%. The S&P 500 mirrored this disturbance, reaching session lows and undermining … Read more
Shifts in Microsoft Holdings: A Closer Look Benedict Financial Advisors Inc. has trimmed its stake in Microsoft Corp. (NASDAQ: MSFT) by 4.5% as revealed in the latest 13F filing with the SEC. The firm now holds 39,756 shares after offloading 1,887 shares in the last quarter, with Microsoft constituting approximately 4.0% of its portfolio—making it … Read more
Shareholders of the cosmetics company Puig faced significant losses as the stock prices plummeted by over 11% following disappointing financial results in the first half of 2024. The company reported a 27% decrease in its net profit for the first six months of the year, prompting a sharp reaction from the markets. Puig, a recent … Read more
Stock Market Futures Show Modest Gains The Dow Jones and S&P 500 futures are signaling a slight uptick, highlighting early positive momentum. Meanwhile, the Nasdaq 100 futures are edging higher, suggesting a potential optimistic start to the trading day. Market Expectations Amidst Economic Uncertainty Following recent market movements, investors are eagerly awaiting key economic indicators … Read more
The aviation group, a leading player in the industry, saw a significant surge of over 6% in its stock value, emerging as the top gainer in the Spanish stock market. Amidst the business landscape, the group behind the renowned airline Iberia, IAG, witnessed a remarkable rise in stock prices following the striking announcement to abandon … Read more