News.alphastreet.com

News.alphastreet.com is an online news platform that provides financial and business news to its readers. The site covers various topics such as earnings reports, interviews, transcripts, and more in the fields of technology, energy, consumer goods, industrials, healthcare and research summaries.

100%

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

100%

Examples:

  • The articles provided are free from any biases.

Conflicts of Interest

100%

Examples:

  • There are no conflicts of interest detected in any of the articles.

Contradictions

92%

Examples:

  • In the Bank of America article, revenue came in at $25.54 billion, exceeding the estimated $25.22 billion.
  • In the Lowe's article, total sales decreased by $1.9 billion compared to the prior-year period.
  • In the Starbucks article, revenues of $705.8 million in Q2 2024 had an 11% decrease in comparable store sales.

Deceptions

100%

Examples:

No current examples available.

Recent Articles

  • Bank of America Beats Estimates with Strong Investment Banking and Asset Management Performance in Q2 2024

    Bank of America Beats Estimates with Strong Investment Banking and Asset Management Performance in Q2 2024

    Broke On: Tuesday, 16 July 2024 Bank of America's Q2 financial results reveal earnings and revenue surpassing estimates, with investment banking fees up 29% and asset management fees up 14%. Despite a decline in net interest income due to higher interest rates, the strong performance in investment banking and asset management helped offset this. Analysts will closely watch upcoming reports from other major banks for further insights into the financial sector.
  • Starbucks Boosts Innovation and Digital Capabilities to Revitalize US and Chinese Markets Amid Challenges

    Starbucks Boosts Innovation and Digital Capabilities to Revitalize US and Chinese Markets Amid Challenges

    Broke On: Friday, 28 June 2024 Starbucks enhances product innovation, operations, and digital capabilities to boost sales in US and China markets. Amid flat revenues and declining comparable store sales, the company introduces new products like pistachio lattes in the US and coffee forward innovations in China. Starbucks aims to meet demand across dayparts using technology, increase store count by 4%, and invest in omnichannel capabilities. Despite challenges such as commoditization, underperforming iced energy drinks, and labor troubles with live pastry displays, the implementation of Siren Craft System shows promising results.
  • Lowe's Q1 FY2024 Earnings: Net Income Down, Beats Expectations Amidst Decrease in DIY Spending and Economic Uncertainty

    Lowe's Q1 FY2024 Earnings: Net Income Down, Beats Expectations Amidst Decrease in DIY Spending and Economic Uncertainty

    Broke On: Tuesday, 21 May 2024 Lowe's Q1 FY2024 earnings report revealed a net income decrease to $1.76 billion and sales drop to $21.36 billion, despite beating Wall Street expectations. The decline was attributed to decreased DIY spending and economic concerns, causing a 4.1% decrease in comparable sales. Lowe's anticipates total FY2024 sales between $84-$85 billion and earnings per share around $12-$12.30, while Home Depot missed revenue expectations due to a tougher housing market and delayed spring season.