Jon Swartz
Jon Swartz is a senior writer for MarketWatch, covering technology, media and entrepreneurship. He has been with the publication since 2014 and previously wrote for The Mercury News and Reuters. He holds a bachelor's degree in journalism from San Jose State University. IsValidBiography: true
79%
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
85%
Examples:
- The cloud-based restaurant management software company TOST
- This is an example of ideological bias.
Conflicts of Interest
50%
Examples:
- Master your money. Subscribe to MarketWatch.
- The vacation-property rentals company ABNB reported a fiscal fourth-quarter net loss of $349 million, or 55 cents a share, compared with net income of $319 million, or 50 cents a share, in the same quarter a year ago.
Contradictions
100%
Examples:
No current examples available.
Deceptions
100%
Examples:
- Pinterest’s revenue improved by 12%, not just an improvement of <b>4.9%</b>
- The title mentions that Toast’s stock has 'heats up', which implies a positive outlook for the company when in fact their net loss increased compared to the previous year.
- The title of the article suggests that Pinterest’s stock has taken a hit after revenue miss and middling guidance when in fact it only fell slightly after hours trading.
Recent Articles
Toast Announces 550 Job Cuts to Reach Profitability Faster
Broke On: Friday, 16 February 2024Toast, a restaurant software company based in Boston, Massachusetts announced on Thursday that it would cut 550 jobs or about 10% of its workforce. The layoffs will come primarily from jobs that do not interact directly with customers and the cuts are expected to help Toast reach profitability more quickly. This is the second round of job cuts for Toast in less than a year, as it laid off around 250 employees last summer. Airbnb Reports Fourth Quarter Losses and Beats Revenue Expectations
Broke On: Tuesday, 13 February 2024Airbnb reported a loss of $349 million in the fourth quarter due to an income tax settlement with Italy, but revenue beat analysts' expectations. The company forecast first-quarter revenue that would meet or exceed Wall Street predictions. Pinterest Reports Fourth-Quarter Earnings: $981 Million in Revenue, Misses Analyst Expectations for Net Income
Broke On: Friday, 09 February 2024Pinterest reported its fourth-quarter earnings, with revenue of $981 million up 12% from the same period last year. However, Pinterest fell short of analyst expectations with a net income of $53 cents per share compared to an expected $54 cents per share.