Kim Bhasin,

Kim Bhasin is a finance journalist who covers business news with a focus on technology and media. In her articles, she often reports on the performance of major companies in the stock market and provides insights into their financial strategies. Kim has been published in various reputable outlets such as Yahoo Finance, CNBC, and The Wall Street Journal. Her reporting is known for its clarity and depth, offering readers a comprehensive understanding of complex business issues.

Biography:  https://finance.yahoo.com/news/why-business-execs-shouldnt-read-143100924.html

81%

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

80%

Examples:

  • In the article, Kim Bhasin presents Nike's financial struggles and shares information about the company's weaker full-year outlook. However, there is no direct evidence of a bias in the reporting.

Conflicts of Interest

90%

Examples:

  • There is no direct evidence of conflicts of interest present in the article.

Contradictions

60%

Examples:

  • The article reports that Nike's revenue is expected to decline in the mid-single digits in the current fiscal year and that Nike shares fell 18% on Friday morning. These two pieces of information can be seen as contradictory since one would expect a decline in revenue to result in a decrease in share value.

Deceptions

70%

Examples:

  • The article mentions that Nike is struggling to produce hot-selling footwear and that competition from newer brands like On Holding AG and Deckers Outdoor Corp.'s Hoka has pushed Nike to prioritize sports, new products, and wholesale partners. These statements can be seen as deceptive since they imply that the company's issues are due to external factors rather than internal problems.

Recent Articles

Nike Experiences Worst Day on Record: Sales Decline and $28 Billion in Shareholder Wealth Wiped Out

Nike Experiences Worst Day on Record: Sales Decline and $28 Billion in Shareholder Wealth Wiped Out

Broke On: Friday, 28 June 2024 Nike suffered its worst day on record with shares plummeting 20% due to expected sales decline, wiping out $28 billion in shareholder wealth. Factors include softness in China, foreign exchange headwinds, and leadership issues under CEO John Donahue. Focus on direct-selling strategy led to lost market share for Nike, causing investor confidence to dwindle.