Samantha Subin,

Samantha Subin is a markets and investing reporter for CNBC Pro and CNBC.com. She joined CNBC as a news intern in January 2021, briefly covered technology for CNBC.com, and graduated from the University of Maryland with a degree in multiplatform journalism and general business.

Biography:  https://www.cnbc.com/samantha-subin/

81%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

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

90%

Examples:

  • The S&P 500 on the brink of breaching the 5,000 milestone for the first time ever. Earnings continue to come in better than expected, and contribute to some pretty positive moves in specific stocks. As that's become less certain, investors have gone back to the early 2023 playbook, which was just to invest in large cap quality tech companies.

Conflicts of Interest

62%

Examples:

  • Investors have gone back to the early 2023 playbook, which was just to invest in large cap quality tech companies.
  • The S&P 500 has closed above 5,000 for the first time ever.

Contradictions

85%

Examples:

  • Employers added 175,000 jobs last month, down sharply from the previous month's increase of 315,000.
  • The Dow and Nasdaq have added 1.1% and 1.4%, respectively, this week.
  • The S&P 500 was 1.3% higher in afternoon trading and on track to erase its losses for the week.

Deceptions

88%

Examples:

  • The demand for labor is slowing and will eventually ease inflation pressures, giving the Fed some leeway to cut rates later this year.
  • The S&P 500 on the brink of breaching the 5,000 milestone for the first time ever.

Recent Articles

Mixed Results for Stock Market: Dow Jones Surges, S&P 500 and Nasdaq Decline; Nvidia Drops After Becoming Most Valuable Company

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 2024 The 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.
Stocks Surge on Wall Street Amid Slowing Labor Demand: Dow Gains 420 Points, Unemployment Ticks Up to 3.9%

Stocks Surge on Wall Street Amid Slowing Labor Demand: Dow Gains 420 Points, Unemployment Ticks Up to 3.9%

Broke On: Friday, 03 May 2024 Stocks rallied on Wall Street after disappointing jobs reports raised hopes for Fed rate cuts, with the Dow up 1.1% and S&P 500 and Nasdaq adding over 1%. Nonfarm payrolls increased by only 175,000 in April versus expectations of a 243,000 gain, while unemployment ticked up to 3.9%. Health care led job creation but gains were weaker than expected. Fed Chair Powell may consider rate cuts for labor market weakness or high inflation. Apple's $110B buyback boosted stocks.
Fed Holds Interest Rates Steady Amid Inflation Concerns and Market Volatility: Economic Growth Remains Solid, but Inflation Persists

Fed Holds Interest Rates Steady Amid Inflation Concerns and Market Volatility: Economic Growth Remains Solid, but Inflation Persists

Broke On: Wednesday, 01 May 2024 The Federal Reserve kept interest rates steady in May, despite economic growth and inflation concerns, while the Dow Jones Industrial Average closed mixed and the S&P 500 and Nasdaq Composite both declined. Fed Chair Jerome Powell dismissed stagflation fears, but markets reacted with volatility. Qualcomm saw a post-earnings surge while DoorDash plummeted, and Treasuries rallied as investors sought safety. The Fed's decision to hold rates steady offers some clarity amid ongoing market volatility, but inflation and economic growth remain major concerns.
S&P 500 Closes Above 5,000 for First Time in History as Megacaps and Chip Stocks Surge

S&P 500 Closes Above 5,000 for First Time in History as Megacaps and Chip Stocks Surge

Broke On: Saturday, 10 February 2024 The S&P 500 has closed above the 5,000 level for the first time in history. This marks a significant milestone and is being attributed to the rise of megacaps and chip stocks, including Nvidia. The Nasdaq Composite also finished strong with gains of over 1% while the Dow Jones Industrial Average slipped slightly.
Disney, Arm Beat Earnings Expectations; S&P 500 Nears $5,000 Record

Disney, Arm Beat Earnings Expectations; S&P 500 Nears $5,000 Record

Broke On: Thursday, 08 February 2024 Disney and Arm reported strong earnings, driving the S&P 500 closer to a record of $5,000. Disney surged in pre-market trading after beating estimates with its first-quarter earnings and cash dividend increase. The company also announced a $1.5 billion investment in Epic Games' Fortnite. Arm beat expectations and provided an upbeat profit forecast for the year ahead, driven by continued demand for its chips in mobile phones and excitement about revenue from AI devices.