Barchart.com

Barchart.com is a global financial technology leader providing market data and services to various industries including financial, media, and commodity. The company has evolved since its inception in 1995 and now offers solutions across data, software, and technology for front to back office operations. Barchart connects directly to markets such as equities, futures, options, indices and foreign exchange. Their client base ranges from financial services to trading and investment firms, commodity firms (agricultural, energy and metals) to media. The company is focused on developing strong client relationships and providing superior customer service while tailoring solutions specific to clients' business needs.

87%

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 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 its reporting.

Bias

95%

Examples:

  • About one-third of the companies were optimistic about growing their business this year, down from more than half in 2023.
  • Companies are beginning to realize that some of these pressures that we have seen in the local market, whether it's competition, whether it's low demand, that they are taking on perhaps a more permanent nature.
  • More than half expect to cut costs in China this year, including 26% who plan to reduce the size of their staffs.

Conflicts of Interest

100%

Examples:

No current examples available.

Contradictions

86%

Examples:

  • For 15% of the companies, their China operations finished 2023 in the red.
  • The share of companies considering an expansion of their operations in China this year fell to 42%.

Deceptions

65%

Examples:

  • About one-third of the companies were optimistic about growing their business this year, down from more than half in 2023.
  • Companies are beginning to realize that some of these pressures that we have seen in the local market, whether it's competition, whether it's low demand, that they are taking on perhaps a more permanent nature.
  • More than half expect to cut costs in China this year, including 26% who plan to reduce the size of their staffs.
  • The slowing economy is now the dominant concern of respondents to the European Chamber of Commerce in China survey, which was released Friday.

Recent Articles

  • Global Cocoa Crisis: Unprecedented Production Shortfalls Drive Prices to All-Time Highs

    Global Cocoa Crisis: Unprecedented Production Shortfalls Drive Prices to All-Time Highs

    Broke On: Thursday, 09 May 2024 Global cocoa production trails demand by 374,000 tons this season due to West African crop shortfalls and unfavorable growing conditions, causing all-time high prices and extreme volatility in the market.
  • European Businesses Shift Investments Away from China: 2024 Survey Reveals Decrease in Optimism and Increase in Uncertainty

    European Businesses Shift Investments Away from China: 2024 Survey Reveals Decrease in Optimism and Increase in Uncertainty

    Broke On: Friday, 10 May 2024 European firms' investment in China reached an all-time low in 2023 due to geopolitical risks and decoupling, leading to a shift in investments towards Southeast Asia and Europe. The survey by the European Union Chamber of Commerce revealed that 40% of companies have moved or are considering moving their investments out of China, with economic worries and regulatory uncertainties being major concerns. Only one-third of companies were optimistic about growing their business in China this year, down from previous years.

  • 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%.

  • Apple Co-Founder Steve Wozniak Recovers from Minor Stroke

    Broke On: Thursday, 09 November 2023 Steve Wozniak suffered a minor stroke during a trip to Mexico City. The health scare led to the cancellation of several of his upcoming speaking engagements. Wozniak left Apple in 1985 but remains a supporter of the company and a technology evangelist.