Alex Harring,

CNBC Associate Reporter Alex Harring is an associate reporter covering markets and investing trends for CNBC.com and CNBC Pro. He previously reported for The Wall Street Journal, NBC News, CNN and The Detroit News. Alex is a graduate of the University of Michigan, where he was a news editor and reporter for four years at The Michigan Daily.

Biography:  https://www.cnbc.com/alex-harring/

89%

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 author has a slight tendency to present information without providing full context in some instances.

Conflicts of Interest

90%

Examples:

  • In a few instances, the author has reported on topics where potential conflicts of interest may exist but did not delve deeper into those conflicts.

Contradictions

85%

Examples:

  • In some articles, the author reports conflicting information within the same piece.

Deceptions

85%

Examples:

  • The author occasionally uses misleading phrases or presents information in a way that could be considered deceptive.

Recent Articles

US Export Restrictions and Geopolitical Tensions Send Global Chip Stocks Plummeting: ASML, Nvidia, TSMC, and Tokyo Electron Affected

US Export Restrictions and Geopolitical Tensions Send Global Chip Stocks Plummeting: ASML, Nvidia, TSMC, and Tokyo Electron Affected

Broke On: Wednesday, 17 July 2024 Global chip stocks plummeted on July 17, 2024, due to reports of tighter US export restrictions and escalating geopolitical tensions with China. The Biden administration is considering new regulations under the FDPR that could impact non-US companies like ASML and TSMC. Meanwhile, Trump's comments on Taiwan's defense have raised doubts about US commitment to defend the island if he returns to power. TSMC is expected to report a 30% rise in second-quarter profit due to soaring demand for advanced chips, but geopolitical tensions and potential export restrictions weighed on the sector.
Dow Jones Surges Past Record Highs: Blue Chips Lead Market Rally Amid Fed Rate Cut Expectations and Strong Earnings

Dow Jones Surges Past Record Highs: Blue Chips Lead Market Rally Amid Fed Rate Cut Expectations and Strong Earnings

Broke On: Tuesday, 16 July 2024 The Dow Jones Industrial Average set new record highs for three consecutive days in late August, with blue-chip stocks like UnitedHealth leading the way after strong earnings reports. The Federal Reserve's expected interest rate cuts and positive earnings from major companies contributed to the broader market rally, while some sectors saw declines. The S&P 500 and Nasdaq Composite also reached new intraday highs, with optimism surrounding artificial intelligence driving the momentum.
Federal Reserve Surprises Markets with Steady Rates and One Projected Cut for 2023: Implications and Reactions

Federal Reserve Surprises Markets with Steady Rates and One Projected Cut for 2023: Implications and Reactions

Broke On: Wednesday, 12 June 2024 The Federal Reserve surprised markets by holding interest rates steady and signaling only one rate cut for the rest of 2023, despite earlier expectations of three. This decision came amidst high inflation and mixed economic signals, with recent data showing the effects of previous rate hikes taking hold. The Fed's move was met with varied reactions, with some seeing it as a sign of caution towards further tightening monetary policy and others indicating easing inflationary pressures. Treasury yields also saw significant movements in response to the latest inflation data and jobless claims report.
Record-breaking Stock Buybacks in May: Apple Announces Largest Ever $110 Billion Program, AIG and Lam Research Follow Suit

Record-breaking Stock Buybacks in May: Apple Announces Largest Ever $110 Billion Program, AIG and Lam Research Follow Suit

Broke On: Friday, 31 May 2024 In May 2024, Apple led a record-breaking surge in stock buybacks with a $110 billion program, the largest on record. AIG and Lam Research also announced $10 billion buybacks each, contributing to over $203 billion repurchased by SP 500 companies in Q1 and May. This trend continued despite market volatility and economic uncertainty.
U.S. Stocks Mixed: Consumer Confidence Rebounds, Fed Official Suggests Rate Hikes Amid Rising Bond Yields

U.S. Stocks Mixed: Consumer Confidence Rebounds, Fed Official Suggests Rate Hikes Amid Rising Bond Yields

Broke On: Wednesday, 29 May 2024 U.S. stocks opened mixed on Wednesday as consumer confidence rebounded and Fed official Kashkari hinted at potential rate hikes, while bond yields continued to rise.
Treasury Yields Rise Following Weak Demand for Five-Year Note Auction and Anticipation of Inflation Data

Treasury Yields Rise Following Weak Demand for Five-Year Note Auction and Anticipation of Inflation Data

Broke On: Tuesday, 28 May 2024 Treasury yields rose on Tuesday despite weak demand for a $70 billion five-year note auction and ahead of inflation data, with the 10-year yield climbing to 4.542% and the two-year yield dipping to 4.974%. Yields and prices move in opposite directions, with one basis point equaling 0.01%. The increase followed recent weak auction results and as investors awaited economic data and inflation levels, while closely monitoring Fed comments on future policy decisions.
NAHB Housing Market Index Flat in April Amid Mortgage Rate Uncertainty and Middle East Tensions

NAHB Housing Market Index Flat in April Amid Mortgage Rate Uncertainty and Middle East Tensions

Broke On: Monday, 15 April 2024 Homebuilder stocks declined on Monday following a flat reading in the NAHB/Wells Fargo Housing Market Index, as rising mortgage rates and buyer uncertainty weighed. Meanwhile, tensions in the Middle East put pressure on oil markets and global equities after Iran attacked Israel.
Stock Market Finishes Lower After Tech Sell-Off; Inflation Expected to be a Major Test Before Federal Reserve's March 20 Meeting

Stock Market Finishes Lower After Tech Sell-Off; Inflation Expected to be a Major Test Before Federal Reserve's March 20 Meeting

Broke On: Monday, 11 March 2024 The stock market finished lower last week, with the Nasdaq Composite leading the losses. The S&P 500 logged a weekly gain for the 7th straight week as investors look outside of technology leaders to power future rallies. Inflation is expected to be a major test before Federal Reserve's March meeting, with February CPI report out Tuesday offering an updated look at inflation. Retail sales and consumer sentiment reports will feature on economic calendar in back half of the week, while Dollar Tree, Dollar General, Dick's Sporting Goods highlight quarterly earnings.
Nvidia Surges to New Highs as Stock Market Rally Continues

Nvidia Surges to New Highs as Stock Market Rally Continues

Broke On: Friday, 08 March 2024 The stock market is experiencing a strong rally, with the S&P 500 and Nasdaq hitting fresh all-time highs on Thursday. Nvidia (NVDA) rose sharply again, becoming the most extended its been in decades.