Annie Massa

Annie Massa is a financial news reporter who covers the finance industry with a focus on investment firms and their impact on the economy. She has written about Goldman Sachs family office clients considering look-back puts as a way to navigate volatility ahead of the US elections, as well as Berkshire Hathaway's $6.7 billion stake in insurer Chubb. Massa also reports on economic trends and the impact of political events on financial markets.

Biography:  https://finance.yahoo.com/news/goldman-family-office-clients-eye-175226317.html

82%

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:

  • How is Roaring Kitty coming back not a basic pump and dump scheme?

Conflicts of Interest

90%

Examples:

  • Goldman Sachs Group Inc.'s family office clients are considering exotic options called look-back puts as a way to navigate volatility ahead of this year's US elections.

Contradictions

88%

Examples:

  • GameStop is burning $115 million a quarter or $460 million annually in negative free cash flow
  • Roaring Kitty's actions could be a pump and dump scheme
  • The company plans on selling 75 million more shares, potentially bringing the total number of shares outstanding to 426.22 million

Deceptions

65%

Examples:

  • As Gill's actions sent the price soaring again, GameStop seized on the volatility to sell more than $2 billion worth of stock.
  • The episode brought to the fore questions of what constitutes market manipulation.
  • The notion was hardly far-fetched. Over the course of two weeks, Gill had been posting images of a massive stake in GameStop and its call options in a portfolio that peaked at more than $550 million on June 6.

Recent Articles

Roaring Kitty's Impact on GameStop: A Look at the Numbers and Market Manipulation Allegations

Roaring Kitty's Impact on GameStop: A Look at the Numbers and Market Manipulation Allegations

Broke On: Friday, 14 June 2024 Roaring Kitty, or Keith Gill, made headlines with his over $550 million stake in GameStop (GME), sparking debate about market manipulation and potential impact on the stock market. His public disclosures led to significant price movements, with Robinhood reporting a 19% jump in GME just 20 minutes after one of his posts. Despite concerns, no wrongdoing has been proven.
Buffett Surprises Market with $6.7 Billion Chubb Investment

Buffett Surprises Market with $6.7 Billion Chubb Investment

Broke On: Sunday, 01 October 2023 Warren Buffett's Berkshire Hathaway surprised the market by investing $6.7 billion in insurance firm Chubb, making it a top holding and sending the company's stock soaring. Buffett had kept his position confidential until its disclosure on May 15, 2024, after accumulating shares since Q3 2023. Chubb is a leading US property-casualty insurer with global operations in 54 countries. Berkshire's continued interest in the insurance sector follows its trimming of Apple stake.