Shrilekha Pethe
Shrilekha Pethe has been extensively covering and writing about the U.S. stock market since 2015, and has been writing stock news and analysis at TipRanks since 2021. Her core competency lies in analyzing the mining, banking, oil and gas, and technology sectors and all major stocks in those financial sectors. Shrilekha has also worked as an equity research analyst for a bulge-bracket client in investment banking, Credit Suisse, performing financial analysis of companies in the area of technology, media, and telecommunications. A postgraduate in finance from ICFAI Business School, Pune, the analyst-turned-writer is currently on her way to becoming a Certified Financial Planner. Shrilekha has also written for Kiplinger, a subsidiary of Future plc., which publishes research related to stocks, business forecasts and personal finance.
56%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
75%
Examples:
- The author has a bias towards reporting on the latest developments in the stock market and may be more likely to focus on short-term changes rather than long-term trends.
Conflicts of Interest
50%
Examples:
- There are some potential conflicts of interest in the articles provided. For example, one article reports that Hertz plans to sell around 20,000 EVs from its U.S. fleet while another states that it expects to recognize around $245 million of incremental net depreciation expense in the fourth quarter.
Contradictions
80%
Examples:
- There are some contradictions in the articles provided. For example, one article reports that Tesla is introducing a temporary discount for Model Y cars while another states that it is only reporting on price cuts for certain models.
Deceptions
35%
Examples:
- There are some instances where the author may have misled readers with information. For example, one article reports that Tesla is introducing a temporary discount for Model Y cars while another states that it only reporting on price cuts for certain models.
Recent Articles
JPMorgan CEO Sells $150 Million in Stock on First Day Above $182
Broke On: Friday, 23 February 2024JPMorgan Chase CEO Jamie Dimon sold $150 million worth of the bank's stock on his first day ever that JPMorgan shares traded at or above $182. The sale was made in a Rule 10b5-1 trading plan and included only 821,800 shares. 
Tesla Offers $1,000 Discount on Model Y in Winter to Boost Sales
Broke On: Monday, 12 February 2024Tesla is offering a $1,000 discount on Model Y in the US during winter. The promotion will only be valid through February 29th. 
Hertz to Sell 20,000 Electric Vehicles in U.S., Expects $35 Million in Incremental Free Cash Flow by 2024 and 2025
Broke On: Thursday, 11 January 2024Hertz Global Holdings plans to sell around 20,000 electric vehicles from its U.S. fleet in order to balance better the expected demand and supply of EVs, which is estimated to generate $250 million to $300 million in incremental free cash flow by 21-24 and 25. Walgreens Slashes Dividend to Strengthen Balance Sheet
Broke On: Thursday, 04 January 2024Walgreens Boots Alliance reported first-quarter earnings and revenue that topped expectations. The company announced a dividend cut of 48% to $0.25 per share, marking the first time in nearly five decades that Walgreens has cut its dividend. Adjusted earnings were $0.66 per share, surpassing analysts' estimates and seeing an increase in sales by 10% year-over-year to $36.7 billion. Despite the positive earnings report, Walgreens Boots Alliance still faces challenges such as a higher tax rate and lower COVID-19 contribution.
