Jesse Pound
Jesse Pound is a financial journalist who has written for Investing.com. His work primarily focuses on stock market news. He is known for his clear and concise reporting style.
95%
The Daily's Verdict
This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.
Bias
90%
Examples:
- The article titled 'Alphabet hammered: 6 big analyst cuts' seems to have a negative bias towards Alphabet, as it focuses on the analyst cuts and uses strong language like 'hammered'.
Conflicts of Interest
100%
Examples:
No current examples available.
Contradictions
100%
Examples:
No current examples available.
Deceptions
100%
Examples:
No current examples available.
Recent Articles
Institutional Investors Ignore NVIDIA's Recent Stock Decline: Long-Term Profits Remain Strong
Broke On: Tuesday, 30 July 2024Institutional investors, who own over 44% of NVIDIA Corporation's shares, remain confident in the company's long-term profitability despite recent stock price declines. With significant insider selling and volatility, some analysts see potential for a massive technical sell-off. Anticipated June CPI Report: Inflation Trends and Fed Rate Policy Impacts
Broke On: Wednesday, 10 July 2024Anticipation builds for the release of the June CPI report on July 10, 2024, with headline inflation predicted to decelerate slightly from May's 3.3% annual rise to 3.1%. Core CPI is expected to have risen by 0.2% monthly and maintained a yearly growth rate of 3.4%. The Federal Reserve Chair Jerome Powell's future monetary policy decisions will be influenced by the inflation data, potentially impacting stocks and interest rates. JPMorgan Shocks Market: Replaces 19-Year Veteran Strategist Kolanovic with Junior Lakos-Bujas Amidst Series of Mistimed Calls
Broke On: Wednesday, 03 July 2024JPMorgan replaces 19-year veteran Marko Kolanovic as chief global market strategist with junior Dubravko Lakos-Bujas following a series of mistimed stock market calls, including an incorrect prediction for the S&P 500 this year. Kolanovic had been bearish over the past two years despite the market reaching new highs. 
California Pension Funds and Norwegian Sovereign Wealth Fund Oppose Elon Musk's $50 Billion Tesla Pay Package
Broke On: Monday, 10 June 2024California pension funds CalSTRS and Norway's sovereign wealth fund, along with Institutional Shareholder Services (ISS) and Glass Lewis & Co., have voiced opposition to Elon Musk's $50 billion pay package at Tesla due to concerns over size, potential dilution effects, and valuation. Despite this opposition, Tesla's board has asked shareholders to restore the rejected deal. New U.S. Settlement Cycle: T+1 in Effect from May 2024
Broke On: Tuesday, 28 May 2024Effective May 28, 2024, the U.S. financial market shifts to a one-day settlement cycle (T+1) for equity, corporate and municipal bond transactions. Adopted by the SEC in response to market inefficiencies and manipulation risks highlighted by events like GameStop mania, T+1 aims to reduce risk and improve efficiency while making markets more resilient. Challenges lie ahead for large dollar trades and international stocks due to varying settlement timeframes. 
Nvidia's Dominance in AI Chip Market: $2.4 Trillion Valuation and Anticipated Q3 Product Release Boost Growth
Broke On: Wednesday, 22 May 2024Nvidia, a tech company specializing in AI chips, saw its market valuation triple to nearly $2.4 trillion by May 2024 due to high demand from tech giants and its dominant share in the market. With innovative products like new Blackwell chips and strong financial performance, Nvidia is expected to lead the AI and data center technology sector for years. 
Tech Giants Microsoft, Alphabet, Meta, and Tesla to Report Earnings Amidst Economic Uncertainty and Inflation Concerns
Broke On: Sunday, 21 April 2024Tech giants Microsoft, Alphabet, Meta, and Tesla's earnings reports fuel stock futures rise amid economic data releases and easing Middle East tensions. The tech-heavy selloff due to inflation concerns continues with the Nasdaq experiencing a 5% loss last week. Four of the 'Magnificent Seven' tech companies report this week, while ExxonMobil and Johnson & Johnson earnings are also closely watched. 
FBI Investigates Hacker Takeover of SEC Social Media Account, Approval for Bitcoin ETFs Expected to Begin Trade Thursday
Broke On: Saturday, 13 January 2024The FBI is investigating a hacker's brief takeover of the SEC account on social media platform X, where they erroneously announced approval for a bitcoin ETF. This decision is expected to begin trading Thursday and kick off fierce competition in the market share. 
Bitcoin ETFs: A Retail Accessible Trading Vehicle for the Digital Asset Itself
Broke On: Saturday, 13 January 2024The spot Bitcoin ETF is a retail accessible trading vehicle for direct exposure to the digital asset itself, based on its expected price from futures contracts. However, it has not yet been approved by the SEC for trading in the United States. Alphabet Q3 Earnings Exceed Expectations, Cloud Business Misses Mark
Broke On: Wednesday, 25 October 2023Alphabet's Q3 revenue was $65.11 billion, a 41% increase year-over-year. Alphabet's net income was $18.9 billion, or $27.99 per share. Google Cloud reported revenue of $4.99 billion, missing Wall Street's estimate of $5.02 billion. Alphabet's stock dropped by 8% following the earnings report. Microsoft's stock rose by 3% after its earnings report.
