Josh Lipton
Josh Lipton is a financial journalist who anchors Yahoo Finance Live. He covers financial news and events with a focus on market trends, earnings reports, and economic data. His reporting often includes insights from Wall Street analysts and Federal Reserve officials. Josh has experience in both television and digital media, having previously worked for CNBC, Bloomberg Television, and Reuters.
85%
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
95%
Examples:
- The author has a slight bias towards reporting financial news and events.
Conflicts of Interest
90%
Examples:
- However, these instances do not appear to significantly impact the author's credibility or integrity.
- The author occasionally covers topics that may have potential conflicts of interest, such as reporting on companies like Nvidia and Apple.
Contradictions
88%
Examples:
- Some contradictions were minor and did not significantly impact the overall score.
- There are instances where the author reports conflicting information from the sources they cite.
Deceptions
70%
Examples:
- However, these instances do not appear to be a major concern and are generally minor in nature.
- The author occasionally uses misleading language or presents information in a way that could be considered deceptive.
Recent Articles
Major Tech and Pharma Earnings, Inflation Data: A Busy Week Ahead for the Markets
Broke On: Sunday, 21 July 2024Tesla, Alphabet, IBM, ServiceNow, AbbVie, AstraZeneca, and Bristol Myers Squibb are among the major companies releasing earnings reports next week. Economic data including Personal Consumption Expenditures (PCE) will also be released. Verizon Communications and Coca-Cola are among other companies reporting earnings. 
Netflix Surpasses 278 Million Subscribers with Record-Breaking Q2 Earnings and New Content Offerings
Broke On: Thursday, 18 July 2024Netflix reported record-breaking 278 million subscribers and surpassed expectations with an addition of 8 million new subscribers in Q2, driven by popular shows like 'Bridgerton' and strategic content deals. Despite slightly lower than expected Q3 revenue outlook, Netflix continues to expand with an advertising-supported service and investments in live events and technology advancements. United Airlines Faces Challenges: Lower Capital Expenditures, Boeing Plane Delays, and Industry Oversupply Threaten Profitability
Broke On: Wednesday, 17 July 2024United Airlines faces profitability challenges due to lower capital expenditures, slow Boeing plane deliveries, and industry oversupply during peak demand season. The company forecasts a lower-than-expected profit in Q3 2024 and plans to cut capacity to bolster pricing power. Industry capacity growth is expected to moderate in the second half of the year, potentially increasing pricing power. 
Macy's Aborts $5.8 Billion Acquisition Deal with Arkhouse and Brigade
Broke On: Monday, 15 July 2024Macy's Board of Directors terminated acquisition talks with Arkhouse and Brigade due to insufficient financing commitment papers. The companies had been in discussions since September 2023, but Macy's remains committed to its own turnaround strategy. The Magnificent Seven: Record Highs and Slumps Amidst Economic Uncertainty and Rotating Investor Preferences
Broke On: Thursday, 11 July 2024The Magnificent Seven tech stocks experience mixed market performance as some reach record highs while others slump, amidst rising S&P 500 earnings expectations and potential economic downturn indicators. Investors rotate investments in response to Federal Reserve interest rate hopes, causing the housing sector to rally but bond yields must continue dropping for it to persist. Collectively, The Magnificent Seven lost $599 billion in value recently. 
Amazon Makes History: First Company to Reach $2 Trillion Market Capitalization
Broke On: Wednesday, 26 June 2024Amazon surpassed $2 trillion in market capitalization on June 26, 2024, becoming the fifth company to reach this milestone. The online retail giant reported its most profitable first quarter ever with a net income of $10.4 billion and an all-time high stock price of $193.61 due to investor interest in AI technologies and Amazon's significant investments in AI startups like Anthropic and Figure Technologies. 
Retail Rebound: Abercrombie & Fitch, Gap, American Eagle Outfitters, and Foot Locker Report Impressive Sales Increases
Broke On: Thursday, 30 May 2024Several retailers including Abercrombie & Fitch, Gap, American Eagle Outfitters, and Foot Locker report impressive earnings signaling a potential comeback for the industry. Strategies focusing on consumers' needs and executing well in a challenging economy contribute to their success. However, not all retailers are experiencing a revival. 
Nio's Affordable New Brand Onvo Challenges Tesla with L60 SUV: Longer, Wider, and More Efficient
Broke On: Wednesday, 15 May 2024Nio's new brand Onvo introduces an affordable L60 SUV, challenging Tesla with a longer, wider design and lower price point of 219,900 RMB ($30,500). Led by Alan Ai Tiecheng and featuring high-voltage architecture and world's lowest drag coefficient for a production SUV, Onvo aims to enhance family life with premium experiences. Expected launch in September. 
Netflix's Ad-Supported Tier Surges to 40 Million Users: In-House Tech Platform and Brand Partnerships Ahead
Broke On: Wednesday, 15 May 2024Netflix announced during its Upfront presentation that its ad-supported tier has reached 40 million monthly active users, nearly doubling the previous count. The company plans to bring its advertising technology platform in-house and launch it in Canada later this year, giving advertisers new ways to buy ads and measure their impact. Netflix also revealed partnerships with brands like Celsius for product placements and sponsorships. 
Reddit Reports 48% Revenue Growth in Q1 2024, Daily Active Users Surpass 82.7 Million
Broke On: Tuesday, 07 May 2024Reddit reported a 48% revenue growth to $243 million in Q1 2024, surpassing estimates, driven by improvements to its advertising system and an increase in daily active users to 82.7 million. CEO Steve Huffman attributed the growth to product updates and content recommendations. Despite a net loss of $575.1 million due to IPO expenses, Reddit expects Q2 revenue of $240-$255 million and Adjusted Ebitda between $0 and $15 million.