Pope Francis Modernized the Vatican’s Investment Program, With Some Caveats - Barron's

1. Vatican investments profited $52 million in 2023, increasing focus on social values. 2. APSA's profits rose over 40% from 2022, reflecting faith-based investment strategies. 3. Apple remains a top holding in ETFs aligned with Catholic values despite fines. 4. European Union imposed $571 million antitrust fine on Apple, impacting stock performance. 5. S&P 500 and tech stocks surged as optimism around the Fed's rate cuts increased.