Hakyung Kim,

Hakyung Kim is an associate reporter covering markets and investing trends for CNBC.com and CNBC Pro. She previously reported for The Wall Street Journal and NPR, where she covered South Korean culture, politics, and business. Hakyung was a 2022 Overseas Press Club Fellow and a graduate of NYU's Stern School of Business.

66%

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

86%

Examples:

  • The author has a slight bias towards positive market news and tends to focus on certain aspects of stories that support this narrative.
  • The author occasionally includes biased statements in their articles, such as quoting sources with a specific agenda or highlighting certain data points to support their view.

Conflicts of Interest

33%

Examples:

  • There is a potential conflict of interest in the Capital One acquisition of Discover Financial Services, as the deal comes amid regulatory scrutiny and new leadership for Discover.

Contradictions

86%

Examples:

  • Another instance of contradiction occurred when the author claimed that Wall Street took a breather from record highs when in fact it only slipped for one day before continuing its upward trend.
  • In one article, the author contradicted themselves by stating that the Nasdaq Composite and S&P 500 closed at fresh record highs while also mentioning that health care was the biggest underperformer for the week.

Deceptions

75%

Examples:

  • In one instance, the author used fear tactics by quoting Jamie Dimon's statement about AI being more than just hype.
  • The author uses sensationalist language and misleading headlines to grab readers' attention.

Recent Articles

Core Inflation Slows Down: PCE Index Shows Prices Rise at Softest Pace in Six Months

Core Inflation Slows Down: PCE Index Shows Prices Rise at Softest Pace in Six Months

Broke On: Friday, 28 June 2024 The Federal Reserve's preferred inflation measure, core PCE index, decelerated in May with a 0.1% increase from the prior month and a 2.6% yearly rise. Household spending rebounded while personal income reached $23.9 trillion, second only to March 2021 stimulus payments. Despite this, traders predict a 59.5% chance of a September rate cut due to slowing inflation and solid income growth.
US Stock Market Surges Ahead of Nvidia Earnings Report: Nasdaq, S&P 500, and Dow Jones Industrial Average Experience Gains Amidst Anticipation

US Stock Market Surges Ahead of Nvidia Earnings Report: Nasdaq, S&P 500, and Dow Jones Industrial Average Experience Gains Amidst Anticipation

Broke On: Monday, 20 May 2024 The US stock market breaks records with the Nasdaq, S&P 500, and Dow Jones Industrial Average experiencing gains ahead of Nvidia's earnings report. Lowe's and Macy's beat expectations, while gasoline prices drop as the Biden administration releases one million barrels from reserves. Tesla and PepsiCo make strides in their industries, with Tesla seeing a 6.7% increase and PepsiCo announcing plans to expand its electric vehicle fleet.
Dell Technologies Reports Better-Than-Expected Sales and Profit Results, S&P 500 Closes at Record High; Nasdaq Composite Hits New Record High

Dell Technologies Reports Better-Than-Expected Sales and Profit Results, S&P 500 Closes at Record High; Nasdaq Composite Hits New Record High

Broke On: Friday, 01 March 2024 The stock market finished higher today, with the S&P 500 closing at a record high. Dell Technologies reported better-than-expected sales and profit results for the fourth quarter ended December 31, 2023. The Nasdaq composite hit a record high on Friday for the first time since November 2021.
Stock Market Falls on Monday; GDP Data, Fed Speeches Ahead

Stock Market Falls on Monday; GDP Data, Fed Speeches Ahead

Broke On: Tuesday, 27 February 2024 The stock market declined on Monday, as investors awaited economic data and Fed speeches. Berkshire Hathaway reported strong earnings and announced $10 billion in buybacks.
Stock Market Takes a Breather After Record-Breaking Week; Inflation Data to Test Breakout Rally

Stock Market Takes a Breather After Record-Breaking Week; Inflation Data to Test Breakout Rally

Broke On: Monday, 26 February 2024 The stock market paused on Monday after a record-breaking week, with the Dow Jones Industrial Average and S&P 500 hovering around flatline while Nasdaq Composite remained unchanged. New inflation data in upcoming days will test the strength of breakout rally following Nvidia's results. A hotter-than-expected CPI report earlier in February caused a stock selloff, and investors are already considering the possibility of surprise PCE index reading on Thursday.
Capital One Acquires Discover Financial Services in $35.3 Billion All-Stock Deal to Become Largest US Credit Card Company by Loan Volume

Capital One Acquires Discover Financial Services in $35.3 Billion All-Stock Deal to Become Largest US Credit Card Company by Loan Volume

Broke On: Wednesday, 21 February 2024 Capital One acquires Discover Financial Services in a $35.3 billion all-stock deal, creating the largest US credit card company by loan volume and gaining access to 305 million new cardholders.