Samantha Subin
Samantha Subin is a reporter for CNBC Pro and CNBC.com covering markets and investing. She joined CNBC as a news intern in January 2021 and briefly covered technology for CNBC.com. She graduated from the University of Maryland with a degree in multiplatform journalism and general business.
Biography:
https://www.cnbc.com/samantha-subin/
99%
The Daily's Verdict
This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.
Bias
98%
Examples:
- The articles provided show no clear bias in their reporting.
Conflicts of Interest
100%
Examples:
- There are no conflicts of interest detected in the articles provided.
Contradictions
75%
Examples:
- New Street Research downgraded Nvidia to neutral from buy and set a one-year price target of $135 for the company.
- Nvidia is getting fully valued after its breakneck rally and there is a risk of derating if the current outlook remains unchanged.
Deceptions
100%
Examples:
- There are no deceptive practices detected in the articles provided.
Recent Articles
Nvidia's Valuation Concerns Lead to Rare Downgrade: What Analysts Say About the Future
Broke On: Friday, 05 July 2024Nvidia, a tech giant specializing in GPUs, saw its stock downgraded by New Street Research due to high valuation. Despite concerns, analysts remain bullish with 41 out of 54 rating it a 'strong buy'. Nvidia's franchise quality remains intact and opportunities may arise if prolonged weakness occurs. Federal Reserve Decision Looms: Interest Rates and Stock Market Impact in Focus
Broke On: Friday, 07 June 2024The Federal Reserve is expected to update interest rate forecasts next week, with borrowing costs remaining unchanged for the seventh consecutive meeting. However, there's uncertainty regarding officials' rate projections. The FOMC meeting comes before the release of May's Consumer Price Index inflation report and a potential 86.3% chance of a Fed rate cut by Dec. 17-18, which could impact the stock market. Lululemon Defies Inventory Challenges and Raises Full-Year Profit Outlook
Broke On: Wednesday, 05 June 2024Lululemon reported stronger-than-expected earnings for Q1 2024, raising full-year profit outlook and increasing share buyback program despite inventory issues and slowing sales growth in the Americas. International markets showed strong momentum, offsetting challenges. Net income was $318 million on $1.4 billion in sales, missing analyst expectations. Nvidia Surges Past Apple to Become Second Most Valuable US Company: Tech Stocks Rally Amidst Optimism for Interest Rate Cuts and Cooling Economy
Broke On: Wednesday, 05 June 2024On June 5, 2024, the S&P 500 and Nasdaq Composite reached new record highs, with tech stocks leading the charge. Nvidia surged over 5% to become the second most valuable US company with a market cap of $3 trillion. Microsoft also saw gains, while other sectors like chip-equipment and food service contributed to overall market growth. ASML, Dutch Bros, Wingstop, Constellation Energy, and Netflix all experienced significant gains. JPMorgan Chase, Nvidia, Johnson Controls, and More: Noteworthy Premarket Movers in Business and Finance
Broke On: Saturday, 18 May 2024JPMorgan Chase forecasts increased net interest income, Nvidia anticipates strong earnings, Johnson Controls surges with Elliott Investment stake, Paramount Global faces potential asset bids. TSMC projects 28% revenue growth and 50% AI-related CAGR. Li Auto reports below-expectations revenue and deliveries. Tech giants Apple, Microsoft, Alphabet, Amazon, Meta Platforms innovate in AI and renewable energy. Meme stocks GameStop and AMC attract retail investor interest but can be speculative. Zeekr Sets IPO Price at $21 Per Share, Aims to Raise $441 Million Amidst Strong Financial Performance and Competition with Tesla
Broke On: Monday, 06 May 2024Chinese electric vehicle maker Zeekr, backed by Geely and set to IPO at $21 per share on May 9, aims to raise $441 million with a revenue of $7.28 billion in 2023 and loss of $1.16 billion. Despite challenges during its initial attempt in November 2023, the company plans to expand globally and compete with Tesla.