Seana Smith
Seana Smith is a journalist who co-hosts the show Catalysts on Yahoo Finance. Her reporting focuses on economic data, earnings reports, and political news. She has a strong understanding of financial markets and is able to provide insightful analysis on these topics. Smith has experience in television journalism and has worked for various news outlets before joining Yahoo Finance.
91%
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
100%
Examples:
- The author has a strong focus on economic data, earnings reports, and political news.
Conflicts of Interest
100%
Examples:
- The author does not mention any personal conflicts of interest in their reporting.
Contradictions
86%
Examples:
- However, these instances are relatively few compared to the total number of articles.
- There are instances of contradictions found in the articles provided such as revenue not meeting expectations and layoffs impacting sales and engineering divisions.
Deceptions
76%
Examples:
- However, these instances are relatively few compared to the total number of articles.
- There are some instances of deceptive practices found in the articles such as the use of misleading language or highlighting certain information to create a specific narrative.
Recent Articles
Tech Stocks Sell-Off: Shifting Funds from Tech to Small Caps Amidst AI Spending and Valuation Concerns
Broke On: Thursday, 25 July 2024Tech stocks experienced a significant sell-off in July 2024, with the Nasdaq Composite decreasing by nearly 8%. Analysts believe this trend may continue due to shifting investor funds and concerns over tech company valuations and profit growth. However, some tech companies reported strong earnings, and the U.S. economy grew impressively in Q2 2024, leading to increased rate-cut bets that could potentially boost tech stocks again. Small caps have outperformed the Nasdaq 100 during this period, but big tech companies are increasing their spending on AI initiatives with uncertain returns. 
Verizon Reports Q2 2024: $19.8B Wireless Revenue, 340K Postpaid Net Additions, and a Growing Broadband Subscriber Base of 11.5M
Broke On: Monday, 22 July 2024Verizon reported a 3.5% increase in wireless service revenue to $19.8 billion and significant broadband subscriber growth, with over 3.8 million fixed wireless subscribers and 11.5 million total broadband subscribers in Q2 2024, despite a stock dip due to a revenue miss of $32.8 billion against an expected $33.07 billion. US Consumer Confidence Dips Slightly in June: Current Economic Conditions Strong Amid Job Gains and Inflation Concerns
Broke On: Tuesday, 25 June 2024Consumer confidence in the US dipped slightly in June to 100.4, but current economic conditions remained strong with a rise in assessments of current conditions to 141.5. Employers added 272,000 jobs despite high interest rates and persistent labor market concerns, such as declining job postings and rising unemployment benefits. Despite inflation concerns and the Federal Reserve's interest-rate hikes, signs of resilience include robust labor market conditions and consumer spending on travel and entertainment. 
Global Corporate Bond Spreads Widen for First Time in a Year: A Sign of Economic Uncertainties?
Broke On: Saturday, 22 June 2024Corporate bond spreads widened by approximately 10 basis points in June 2024, marking a departure from their lowest levels seen in three years. Yield premiums are also rising, suggesting investors may be re-evaluating risk tolerance amid potential economic uncertainties. Tech Stocks Surge: Nvidia, Microsoft, Apple, Meta (Facebook), Alphabet (Google) Lead Market Higher
Broke On: Thursday, 13 June 2024Tech giants Nvidia, Microsoft, Apple, Meta (Facebook), and Alphabet (Google) have driven the stock market higher with impressive gains despite concerns about inflation and interest rates. Experts predict the momentum trade in tech stocks will continue. Notable performers include Nvidia with a tripled share price and $3 trillion market value, Microsoft up 14%, Apple up 17%, Meta up 20%, and Alphabet up 15%. However, some investors are cautiously trimming positions. 
Nvidia's Stock Split and Bullish Price Target Hikes: Analysts Anticipate Significant Sales Opportunities from Sovereign Nations in 2025
Broke On: Monday, 10 June 2024Nvidia, a leading accelerated computing company, began trading after a 10-for-1 stock split on June 10, 2024. Analysts from Barclays, Susquehanna Financial Group, and TD Cowen raised their price targets due to growing sales opportunities from sovereign nations buying Nvidia's AI chips for next year. These firms maintain positive outlooks on Nvidia's transition to B100 AI processors and view it as the leader in accelerated computing. Nvidia's Surprising Earnings Boost: A Key Player in AI and Cloud Computing Outperforms the Market
Broke On: Thursday, 30 May 2024Nvidia's Q1 earnings surpassed expectations, causing a 20% surge in its stock price despite the broader market remaining stagnant. As a leading player in AI and cloud computing, Nvidia's essential chips drive growth for tech companies and industries worldwide. 
Burger King and McDonald's Battle for Customers with $5 Meal Promotions Amidst Rising Costs
Broke On: Friday, 24 May 2024Burger King and McDonald's introduce $5 meal promotions in response to rising prices and consumer backlash, aiming to regain customer trust amidst decreasing foot traffic and increasing labor and food costs. However, these promotions come at a time when low-income Americans are cutting back on fast food due to cost concerns. JPMorgan and Goldman Sachs CEOs Warn of Economic Uncertainty: Inflation, Stagflation, and Interest Rates
Broke On: Thursday, 23 May 2024JPMorgan and Goldman Sachs CEOs express concerns over US economy, with Jamie Dimon warning of potential 'hard landing' and stagflation, while David Solomon expects higher interest rates due to AI efficiencies. The Fed shows uncertainty about inflation persistence and its impact on economic growth, adding to market volatility. Stagflation - a combination of high inflation and slow growth - could lead to higher unemployment if businesses struggle with rising costs and consumers cut back on spending. 
Lowe's Q1 FY2024 Earnings: Net Income Down, Beats Expectations Amidst Decrease in DIY Spending and Economic Uncertainty
Broke On: Tuesday, 21 May 2024Lowe's Q1 FY2024 earnings report revealed a net income decrease to $1.76 billion and sales drop to $21.36 billion, despite beating Wall Street expectations. The decline was attributed to decreased DIY spending and economic concerns, causing a 4.1% decrease in comparable sales. Lowe's anticipates total FY2024 sales between $84-$85 billion and earnings per share around $12-$12.30, while Home Depot missed revenue expectations due to a tougher housing market and delayed spring season.
