Investor's Business
William O'Neil, founder of Investor's Business Daily and creator of the CAN SLIM system, died on May 28, 2023. He was a legendary investor who helped millions of investors improve their portfolio performance through his own unique method of stock picking and his company's products, seminars, workshops and other achievements.
96%
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
95%
Examples:
- Investor's Business Daily was founded by William O'Neil, one of the most successful investors of his time.
- O'Neil was known for his disciplined approach to investing and focus on data.
- The company has grown into a global brand with more than a dozen entities across three continents.
- William O'Neil created the CAN SLIM system which is still used today by many investors.
Conflicts of Interest
95%
Examples:
Contradictions
85%
Examples:
Deceptions
100%
Examples:
- The company did not make any major contradictions in the last few reporting periods (except for one outlier that may have been viewed as a modestly good thing.
Recent Articles
Presidential Debate 2024: Biden's Struggles and Trump's Rally - Impact on Medicare Advantage Stocks and Markets
Broke On: Friday, 28 June 2024In the Atlanta debate on June 27, 2024, President Biden faced criticism for his performance and Trump presented himself as a strong contender. Healthcare stocks rallied following discussion on Medicare Advantage regulations and potential tax cuts. 
Trump's Debate Performance Boosts Truth Social's Stock Price: A Closer Look at the Surge and Its Implications
Broke On: Thursday, 27 June 2024In the first 2024 presidential debate between Donald Trump and Joe Biden, Trump Media & Technology Group's stock surged due to speculation of a strong performance potentially boosting Trump's chances of securing the Republican nomination and increased engagement on Truth Social. Despite the surge, the company reported significant losses and meager revenue in Q1 2024. The debate outcome was seen as a turning point in the race, with investors monitoring stock prices amidst future developments. 
Significant Economic Reports Fuel Stock Market Fluctuations: Unemployment Claims Surge, Pending Home Sales Decline, and Micron Earnings Disappoint
Broke On: Thursday, 27 June 2024On June 27, the stock market saw volatility due to economic reports suggesting possible interest rate cuts from the Federal Reserve. Jobless claims reached a six-month high and factory orders declined unexpectedly. The Dow Jones Industrial Average, S&P 500, and Nasdaq composite fluctuated throughout the day with Micron Technology leading declines after reporting earnings. 
The Delicate Balance: AI-Boosted Productivity vs. Worsening Deficit Dynamics in the US Economy and S&P 500
Broke On: Wednesday, 26 June 2024Societe Generale predicts the S&P 500 could reach an unprecedented 6,666 due to AI boom and investor anticipation of Federal Reserve interest rate cuts. However, potential downside risks include volatility surrounding elections and a third-quarter market slump. Vanguard Group's Khang emphasizes the importance of productivity growth from AI to prevent economic deficits, creating a delicate balance for the US economy and S&P 500. Nasdaq Poised for Rebound: Nvidia Advances, Buffett Signals Buy on Tuesday
Broke On: Tuesday, 25 June 2024Tech stocks, led by Nvidia Corporation, attempted to rebound on Tuesday as the Nasdaq Composite Index was set for a higher open. Meanwhile, Warren Buffett's Berkshire Hathaway and other companies signaled a buy opportunity. The tech-heavy index had slumped the previous day due to concerns over equity sustainability and tax cuts expiration, while home prices hit a new record high with annual growth slowing. :max_bytes(150000):strip_icc()/GettyImages-21541191621-606deb7d3b2b4da3a477e2a971e2d28b.jpg)
Apple and Meta in Talks: Potential Partnership to Integrate Meta's Generative AI into Apple Intelligence
Broke On: Sunday, 23 June 2024Apple and Meta reportedly discussed integrating Meta's generative AI model into Apple's personalized AI system, Apple Intelligence. Apple also explored partnerships with startups Anthropic and Perplexity. Meanwhile, Apple is working with Google parent company Alphabet on AI integration. Potential benefits of these partnerships include leveraging each other's distribution networks and technological expertise. 
Bitcoin Prices Drop Below $61,000: German Government Sales and Market Uncertainty Contribute to Decline
Broke On: Monday, 24 June 2024Bitcoin's price dropped below $61,000 to a new June low of $60,723 in the past 24 hours due to over $1.2 billion in crypto investment outflows and news of German government Bitcoin sales. The broader market saw declines, with Ethereum and other cryptocurrencies experiencing losses up to 7.5%. Some investors see opportunities for expansion in AI infrastructure despite market uncertainty and potential volatility. 
Mixed Results for Stock Market: Dow Jones Surges, S&P 500 and Nasdaq Decline; Nvidia Drops After Becoming Most Valuable Company
Broke On: Thursday, 20 June 2024The Dow Jones Industrial Average posted its best weekly gain since May, while the S&P 500 and Nasdaq finished lower. Nvidia's 3.54% drop on June 21 made it the most significant contributor to the decline, with other tech stocks like Dell Technologies and Super Micro Computer also experiencing losses due to reports of server orders for Elon Musk's AI startup. The economic data showed a decrease in new unemployment claims but an increase in overall number of people on benefits rolls. The Federal Reserve's comments on interest rates influenced market movements. 
Retail Sales Decline: American Consumers Cut Back Amid Rising Inflation and Interest Rates
Broke On: Tuesday, 18 June 2024Retail sales growth slowed in May, with several categories experiencing declines, as American consumers grapple with rising inflation and interest rates. The economic strain is affecting both lower-income and middle-income households, leading to concerns about the health of consumer spending. Despite these challenges, the stock market held steady last week. 
Federal Reserve Surprises Market with Projected Single Rate Cut for 2024 Amid Improved Inflation Data
Broke On: Wednesday, 12 June 2024The Federal Reserve unexpectedly announced only one expected quarter-point rate cut for the rest of 2024 based on improved inflation data, leading to record highs for the S&P 500 and Nasdaq indices. The Fed's benchmark interest rate is projected to reach 5.1% this year, a shift from earlier predictions of three quarter-point cuts.
