Yahoo Finance Australia Pty Ltd.

Yahoo Finance Australia Pty Ltd. is a news site that provides financial news and analysis. The site covers a range of topics including stocks, bonds, currencies, commodities, and cryptocurrencies. It also reports on company news and events as well as economic indicators and market trends.

91%

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 news site is known for its high journalistic standards. It strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. It has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

Bias

95%

Examples:

  • The source occasionally uses language that portrays certain individuals or groups in a positive light, even though it may not be entirely accurate or realistic.

Conflicts of Interest

95%

Examples:

  • The source occasionally reports on companies or topics in which the parent company may have a financial interest.

Contradictions

80%

Examples:

  • Articles have contradicted each other regarding specific details such as the release dates of products and events.

Deceptions

85%

Examples:

  • The source occasionally uses deceptive practices such as misleading headlines and clickbait.

Recent Articles

  • Global Corporate Bond Spreads Widen for First Time in a Year: A Sign of Economic Uncertainties?

    Global Corporate Bond Spreads Widen for First Time in a Year: A Sign of Economic Uncertainties?

    Broke On: Saturday, 22 June 2024 Corporate bond spreads widened by approximately 10 basis points in June 2024, marking a departure from their lowest levels seen in three years. Yield premiums are also rising, suggesting investors may be re-evaluating risk tolerance amid potential economic uncertainties.
  • Australian Dollar Loses Ground on Soft CPI Data, RBA May Cut Interest Rates Sooner Than Expected

    Australian Dollar Loses Ground on Soft CPI Data, RBA May Cut Interest Rates Sooner Than Expected

    Broke On: Wednesday, 27 March 2024 The Australian Dollar has lost ground on softer-than-expected monthly Consumer Price Index (CPI) data, which fell slightly below the expected 3.5% in February. The annual rate of inflation remained steady at 3.4%, but it is on track to fall faster than the Reserve Bank of Australia (RBA) anticipated, potentially opening up an interest rate cut.
  • X Rolls Out Audio and Video Calling Features for Non-Premium Members, Expanding Connectivity Options on the Platform

    X Rolls Out Audio and Video Calling Features for Non-Premium Members, Expanding Connectivity Options on the Platform

    Broke On: Saturday, 24 February 2024 Social media giant X has rolled out audio and video calling features for non-premium members, allowing them to make calls similar to Premium members. This is a huge deal for Elon Musk and his team of executives who hope to roll out more options in the future. While commoners might not see much value in this feature, brands can utilize it for customer service.

  • Global Stock Markets Fluctuate Amid Labor Market Data and Federal Reserve Rate Policy Speculations

    Broke On: Monday, 04 December 2023 Tech stocks led the major averages higher, with the Nasdaq Composite rising nearly 1.4%. The latest weekly jobless claims data revealed that 220,000 claims were filed in the week ending Dec. 2. Global stocks have been retreating as investors await further labor market data. Crude prices are lower due to investor skepticism over the latest OPEC+ decision on supply cuts and uncertainty surrounding global fuel demand. U.S. stock futures were little changed early Thursday as global bond yields rose and traders eyed two more jobs reports that may impact the chances of the Fed cutting interest rates next year.

  • Tesla Files Lawsuit Against Swedish Transport Agency Amid Labor Union Dispute

    Broke On: Monday, 27 November 2023 Tesla has filed a lawsuit against the Swedish Transport Agency and the postal service due to a postal workers' strike that has disrupted the delivery of license plates for Tesla cars. The workers are demanding that Tesla, which is non-unionized, sign a collective bargaining agreement. Tesla argues that not accessing the registration plates constitutes an unlawful discriminatory attack directed at the company.

  • Dbrand and JerryRigEverything Sue CASETiFY Over Alleged Design Theft

    Broke On: Thursday, 23 November 2023 Dbrand and JerryRigEverything have filed a lawsuit against CASETiFY, accusing the latter of copying their phone skin designs. The designs in question are the 'Teardown' skins and cases, which are designed to mimic the internal components of the devices they are applied to. Dbrand and Nelson claim that CASETiFY's 'Inside Out' line is a poorly masked version of their Teardown products. Following the announcement of the lawsuit, CASETiFY has removed its Inside Out line from its website.

  • Midlife Visceral Belly Fat Potentially Linked to Alzheimer's Disease Development

    Broke On: Monday, 20 November 2023 Higher levels of visceral belly fat in midlife may be linked to the development of Alzheimer's disease. This hidden abdominal fat could lead to alterations in the brain up to 15 years before the first signs of Alzheimer's disease appear. Individuals with a greater amount of hidden belly fat had a higher amount of an abnormal protein called amyloid in a part of the brain that is one of the earliest places where Alzheimer's occurs. The relationship between belly fat and Alzheimer's was found to be more pronounced in men than in women. Deep belly fat was also found to be related to brain atrophy in the hippocampus. Individuals with higher amounts of visceral fat were found to have more inflammation in widespread white matter tracks in the brain.

  • UFC Fight Night 232: Two Fighters Miss Weight, Fined 20 Percent of Purse

    Broke On: Tuesday, 05 September 2023 UFC Fight Night 232 was held at the UFC Apex in Las Vegas. Fighters Brendan Allen, Paul Craig, Jake Matthews, and Michael Morales successfully made their weight. Lucas Alexander and Rafael Estevam were two pounds overweight and were fined 20 percent of their purse.

  • Half-Life Celebrates 25th Anniversary with Major Update and Documentary

    Broke On: Friday, 17 November 2023 Half-Life is celebrating its 25th anniversary with a major update that includes bug fixes, gamepad configurations, online play, and updated graphics settings. The update includes Half-Life Uplink, four new multiplayer maps, and various under-the-hood updates, UI tweaks, and bug fixes. A one-hour documentary on the creation of Half-Life has been released, featuring developers and Valve co-founders discussing the company's early days and their memories of working on Half-Life. Half-Life is free to download and keep on Steam until November 20.

  • Walmart's Q3 Earnings Beat Expectations, But Cautious Consumer Spending Outlook Causes Stock Drop

    Broke On: Thursday, 16 November 2023 Walmart reported a 2% increase in adjusted earnings for the three months ending in October, slightly above the Street consensus forecast of $1.53 a share. Despite the better-than-expected Q3 earnings and a raised full-year profit forecast, the company's shares experienced a sharp drop in early Thursday trading due to a cautious outlook on consumer spending. The company's US unit saw a 4.9% rise in comparable sales during the three months ending in late October, outperforming competitors like Target Corp. and Home Depot Inc. who reported declines. Walmart's CFO, John David Rainey, cited a 'sharper falloff' in sales during the last two weeks of the fiscal third quarter. Factors such as higher interest rates, dwindling savings, and student-loan repayments are believed to be affecting demand. Walmart's CEO Doug McMillon mentioned that prices for some groceries are falling, which is good news for shoppers but puts pressure on the company to sell more. The company reported profits of $453 million for the three-month period ended Oct. 31, with revenue rising 5.2% to $160.84 billion. Walmart now expects annual sales to be up anywhere from 5% to 5.5%.