Abid Ali

Abid Ali is a seasoned business and economics journalist with nearly three decades of experience. He has worked for major media outlets such as Bloomberg, CNBC, CNN, and Sky. Notably, he served as the business and economics editor for Al Jazeera English for over a decade. His reporting primarily focuses on financial markets, economic trends, and corporate developments.

Biography:  https://www.cnbc.com/abid-ali/

99%

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 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 author consistently reports on business and economics without expressing personal opinions or preferences.
  • The author's reporting is free from emotional language or value judgments.

Conflicts of Interest

100%

Examples:

  • There are no examples of conflicts of interest.

Contradictions

86%

Examples:

  • Chips were among the biggest boosts for the S&P 500 technology index’s recovery from a three-day slide (other article)
  • Demand for Nvidia’s artificial intelligence graphics processing units (GPUs) remains high with companies like Microsoft, Google, Amazon, Oracle and Meta buying billions of dollars worth of its chips (other article)
  • Nvidia climbed 6.8% after a three-session sell-off (other article)
  • Nvidia lost over $500 billion in market capitalization over three trading days (other article)
  • Nvidia saw over $540 billion erased from its market value after hitting an intraday record on Thursday (other article)

Deceptions

100%

Examples:

  • There are no examples of deceptive practices.

Recent Articles

Nvidia Rallies Amidst Tech Sector Volatility: AI Chips in High Demand, Microsoft and Google Invest, Inflation Concerns Arise

Nvidia Rallies Amidst Tech Sector Volatility: AI Chips in High Demand, Microsoft and Google Invest, Inflation Concerns Arise

Broke On: Tuesday, 25 June 2024 Nvidia's stock market volatility continued with a rally on June 26th, despite a recent $500 billion drop in market capitalization due to high demand for its AI chips from tech giants like Microsoft and Google. Elsewhere, Volkswagen invested $5 billion in electric vehicle startup Rivian, while the Federal Reserve's Michelle Bowman signaled potential interest rate increases. In the tech sector, Boeing faced Starliner setbacks and offered to buy Spirit AeroSystems for $35 per share. The Dow Jones Industrial Average dropped nearly 300 points as a result of these developments.
US Economy Concerns and Tech Job Cuts: Dow Drops 100 Points, Microsoft and Alphabet Lay Off Employees

US Economy Concerns and Tech Job Cuts: Dow Drops 100 Points, Microsoft and Alphabet Lay Off Employees

Broke On: Monday, 03 June 2024 On June 3, 2024, the Dow Jones Industrial Average dropped due to weak manufacturing data raising concerns about the US economy. Tech companies like Microsoft and Alphabet announced job cuts in specific divisions. Economic indicators such as the Institute for Supply Management manufacturing index and Personal Consumption Expenditures price index showed signs of contraction and high inflation, causing investors to fear higher interest rates and stock market volatility. Meanwhile, Structure Therapeutics' clinical trial results offered promise for weight loss treatments in a $100 billion market.
OPEC Extends Oil Production Cuts into 2025 Amid Falling Prices and Sluggish Demand

OPEC Extends Oil Production Cuts into 2025 Amid Falling Prices and Sluggish Demand

Broke On: Sunday, 02 June 2024 OPEC and allies extend oil production cuts into 2025 despite falling global prices, aiming to keep markets balanced and prices high through the US presidential election.
Tech Stocks Surge: Nvidia Earnings Awaited, Lowe's Falls Despite Beating Estimates, Ether Soars on SECETF Hopes

Tech Stocks Surge: Nvidia Earnings Awaited, Lowe's Falls Despite Beating Estimates, Ether Soars on SECETF Hopes

Broke On: Monday, 20 May 2024 Tech stocks drove the S&P 500 and Nasdaq Composite to new highs on Tuesday, with investors eager for Nvidia's earnings report. Lowe's underperformed despite beating estimates, while Palo Alto Networks disappointed with its outlook. Ether surged on optimism about an SEC-approved ETF. The Fed is set to release May meeting minutes, and Norwegian Cruise Line's strong financial forecast boosted the sector.
Record-Breaking Stock Market Surge: Inflation Eases, CPI Slows Down to 3.6% in May 2024

Record-Breaking Stock Market Surge: Inflation Eases, CPI Slows Down to 3.6% in May 2024

Broke On: Wednesday, 15 May 2024 Major stock indexes hit record highs in May 2024 due to encouraging inflation data. Grocery prices fell for the first time in a year, while core CPI slowed down to 3.6%. The Federal Reserve may consider cutting interest rates if inflation continues to decrease, leading to investor optimism.