Brian Evans
Brian Evans is an investing trends reporter for CNBC Pro. He covers news related to stocks, markets, and investing trends. Brian has been with CNBC since 20XX and has previously worked at various financial news outlets. His primary focus is on the stock market and how it's affected by economic events, company earnings reports, and other factors. In his articles, he often provides insights into investment strategies, stock picks, and market trends. He also covers breaking news related to mergers and acquisitions, initial public offerings (IPOs), and other significant events in the financial world.
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
78%
Examples:
- In some articles, the author mentions potential future events or decisions but does not express any preference for one outcome over another.
- The author has a slight bias towards reporting the facts without any personal opinions or interpretations.
Conflicts of Interest
50%
Examples:
- There is no clear evidence of conflicts of interest in the articles provided.
Contradictions
84%
Examples:
- In another article, the author reports that despite inflation concerns, employers are hiring with gusto as evidenced by a fresh price data and a blockbuster jobs report.
- In one article, the author mentions that U.S gross domestic product expanded 1.6% in the first quarter instead of the forecasted 2.4%, indicating a contradiction between actual and expected figures.
Deceptions
65%
Examples:
- In another article, the author states that Dow Jones Industrial Average pulled back on Tuesday but fails to mention it was actually up by 1%.
- In one article, the author mentions that the supercore inflation measure shows Fed may have a real problem on its hands, which could be misleading as it does not account for elevated housing inflation.
Recent Articles
Dow Extends Winning Streak to Six Days Amid Mixed Stock Market Results and Earnings Reports
Broke On: Thursday, 09 May 2024The Dow Jones Industrial Average extended its winning streak to six days in May 8-9, 2024, while the S&P 500 and Nasdaq Composite experienced minor losses. Amgen led gains on strong earnings and a positive MariTide update. Investors digested earnings reports and signals of longer inflation reduction timeline from Boston Fed President Susan Collins. Disney and Warner Bros. Discovery announced streaming service bundles, while Uber and Shopify reported quarterly results that weighed on tech stocks. Disappointing GDP Growth and Inflation Data Send Stocks Tumbling: A Look at the First Quarter Economic Report and Meta Platforms' Earnings
Broke On: Thursday, 25 April 2024Disappointing GDP growth and inflation data caused significant declines in the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite last week. The U.S. economy expanded at an annualized rate of 1.6% in Q1, lower than forecasted, while core PCE price index increased by 3.7%. Meta Platforms reported strong earnings with revenue up 27%, but stock plunged due to concerns over spending on AI research and data centers. US Economy Slows Down in Q1 2024: Consumer Spending Remains Strong Amidst Inflation and Import Growth
Broke On: Thursday, 25 April 2024In Q1 2024, the US economy grew at a sluggish 1.6% annual rate due to high interest rates and import growth. Consumer spending remained strong with a 2.5% increase, but inflation surged at a 3.4% annual rate, putting pressure on consumers and businesses alike. The Federal Reserve's interest rate hikes contributed to the economic slowdown, while imports reduced GDP by nearly 1 percentage point. Some sectors like consumer spending and fixed investment remained positive, but concerns about inflation persisted as prices rose at a 3.4% annualized pace. China's Economy Stable Despite Concerns About Property Sector and Consumer Spending
Broke On: Friday, 12 April 2024The Chinese government has announced that the economy will continue to grow at a rate of 4.5% this year, despite concerns about the property sector and lackluster consumer spending. Fitch Ratings downgraded China's sovereign debt rating outlook, but denied reports stating deficits are not under control and risks are manageable. Stock Market Lull Ahead of Key Inflation Data and Earnings Reports: Alphabet's New Custom Arm-based Chip Drives Growth
Broke On: Tuesday, 09 April 2024The stock market is currently experiencing a lull ahead of the release of key inflation data and earnings reports. Despite this uncertainty, some stocks continue to perform well such as Alphabet's recent announcement of a new custom Arm-based chip at its Cloud Next conference. Nvidia CEO Jensen Huang to Speak at GTC, Showcase AI Innovations Amid Investor Skepticism
Broke On: Tuesday, 19 March 2024Nvidia CEO Jensen Huang will speak on the opening day of GTC, showcasing innovations to replicate H100 chips' success and cement its leading position in data centers. Despite this, investors are skeptical about Nvidia's claims as shares have been down since March 7th.