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- 🟢 Ledger Weekly: June 13, 2025
🟢 Ledger Weekly: June 13, 2025
Your weekly roundup of Charleston business news, market trends & smart money moves
tl;dr - Ned duPont’s TrueNorth is bringing a fresh, transparent approach to growth marketing for smaller brands. U.S. markets notched a third straight weekly gain, fueled by cooling inflation and optimism around U.S.–China trade talks. Oracle surged on strong earnings, Circle’s IPO soared 300%, and Public.com continues to stand out with its no-fee, investor-friendly platform. Meanwhile, Coca-Cola sales took a hit as ICE raids kept some shoppers away. Israel attacks Iran with an expected negative reaction in the markets.
Table of Contents
🎯 Business Spotlight: Ned duPont of TrueNorth
TrueNorth Media Consulting is reimagining what growth marketing can look like for small and midsize brands. At the helm is Ned duPont, a veteran performance marketer with deep experience across Meta, Google, YouTube, and more.
After years navigating the pressures of traditional ad agencies and in-house roles, Ned launched TrueNorth to offer transparent, flat-rate marketing support that prioritizes outcomes—not ad spend.
🌎 Markets in a Minute
📈 Market Overview
U.S. indices gained across the board: S&P 500 roughly +1.4 %, Nasdaq +2.2 %, and Dow +1.0 % for the week
This marked the third straight weekly gain, with the S&P nearing all-time highs and the Nasdaq outperforming .
🧩 Key Drivers
Jobs & inflation data showed cooler trends—jobless claims stayed elevated, and PPI/CPI came in softer—reducing immediate pressure on the Fed and boosting markets.
U.S.–China trade talks showed cautious progress in London, lifting sentiment, though no concrete breakthroughs yet.
Israel attacks Iran leading to negative reactions in the market and downstream implications for oil.
🚀 Market Movers
Oracle $ORCL ( ▲ 5.67% ) jumped ~13%, leading the surge post strong earnings and cloud growth.
Boeing $BA ( ▼ 3.12% ) dropped ~4.8% after the Air India 787 crash; GE Aerospace $GE ( ▼ 2.12% ) skidded ~2.3%.
Tesla $TSLA ( ▼ 0.28% ) rebounded ~5.7% midweek, recovering after earlier losses amid Musk–Trump comments.
🌐 Global Trends
FTSE 100 $FTSE ( 0.0% ) hit a record close of 8,884 on June 12, fueled by hopes for UK interest‑rate cuts despite weak economic data.
Emerging markets like India (Sensex/Nifty) and China saw mixed results amid global trade uncertainty.
📈 Market Vitals
$DIA ( ▼ 1.38% ) Tracks 30 blue-chip stocks, showing industrial health.
$SPY ( ▼ 0.81% ) Mirrors S&P 500, gauging broad market performance.
$QQQ ( ▼ 1.32% ) Follows Nasdaq-100, reflecting tech and growth trends.
$BTC.X ( ▼ 3.22% ) Indicates crypto sentiment and risk appetite.
💡 Lowcountry Ledger’s Take: Markets climbed for a third straight week as soft inflation and job data eased Fed pressure. Strong earnings (Oracle) boosted sentiment, but the Israel–Iran conflict and oil concerns tempered gains. With the S&P near record highs and the Nasdaq leading, tech remains the bright spot amid global uncertainty.
🎯 Brokerage Review: Public.com
tl;dr: Public.com delivers a clean, user-friendly investing experience that caters to both beginners and more seasoned investors seeking transparency and simplicity. The platform's intuitive design, commission-free trading, and access to a broad array of assets—ranging from stocks and ETFs to treasuries and crypto—make it attractive for those who want to invest without the traditional complexity. Notably, Public.com has carved out a niche by eliminating payment for order flow (PFOF) on stocks and ETFs and providing access to fractional shares, democratizing access to the markets.
✅ What is Public.com?
Public.com set out to make investing inclusive and social. It was among the first platforms to combine commission-free trading, fractional investing, and a community-driven feed into one mobile-first experience. By eliminating PFOF on stocks and ETFs and prioritizing educational tools, Public.com aims to foster trust in an industry often seen as opaque.
🔥 Clickworthy
Coca-Cola $COKE ( ▼ 0.51% ) : ICE raids have driven many Hispanic shoppers to avoid public spaces, leading to a drop in sales for major brands such as Coca-Cola.
Warner Bros. $WBD ( ▼ 0.39% ) : Media Warner Bros. Discovery to split into two public companies by next year.
Israel: Israel attacked Iran. The markets reacted… as expected.
JUST IN: US stock futures tumble as Israel launches attack on Iran.
— Brew Markets (@brewmarkets)
12:33 AM • Jun 13, 2025
Housing $REDFIN ( 0.0% ) : Median home sales price is roughly $30k lower than listing price. 👇
The median home sales price is now roughly $30,000 lower than the median home listing price, the widest gap in AT LEAST the last 5 years
— Barchart (@Barchart)
12:25 AM • Jun 13, 2025
Coinbase $COIN ( ▼ 1.93% ) : Coinbase offers a new credit card with 4% Bitcoin back on all purchases.
Introducing the Coinbase One Card.
Earn up to 4% bitcoin back on every purchase.Powered by @AmericanExpress network.
Coming fall 2025.— Coinbase 🛡️ (@coinbase)
6:58 PM • Jun 12, 2025
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