Hot tech stocks have ‘lost their shine’ among millennials after mixed earnings

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Some of the hottest tech stocks have “lost their shine” among millennials, according to data from the stock trading app Stockpile. AMD and Square slipped on the app’s ranking of most-traded stocks, falling to 13th from 10th place, and 21st from 15th, respectively. Tech stocks have had a mixed earnings season. The lukewarm earnings season […]

Poland’s central bank is accused of funding a YouTube ‘smear campaign’ against cryptocurrencies

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Poland’s central bank accused of hiring YouTubers to “start a smear campaign” against cryptocurrencies. The Narodowy Bank Polski spent around 91,000 zloty (£19,430; $27,300) on a marketing campaign designed to attack the legitimacy of cryptocurrencies. That campaign reportedly included money for a video by Marcin Dubiel, one of Poland’s most popular YouTubers. A bizarre battle […]

S&P: Warnings that cryptocurrency could crash the global financial system are ‘much ado about nothing’

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S&P Global Ratings: Cryptocurrencies would have “an insignificant effect on global financial stability if its value were to collapse.” “If the value of cryptocurrencies dropped substantially, we expect retail investors would endure most of the impact.” But blockchain technology “could have a meaningful and lasting impact” on banking. LONDON — S&P Global Ratings has dismissed fears […]

Ex-JPMorgan trader turned bitcoin fund manager: ‘There’s trench warfare going on between analogue and digital financial services’

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Danny Masters ran JPMorgan’s New York energy trading business in the 1990s before setting up his own commodities fund. His firm pivoted to bitcoin in 2014 and he has been embracing crypto over since. Masters believes executives from traditional financial firms are trying to fight off crypto by dismissing it as a Ponzi scheme or […]

We spoke with the creator of the Chase Sapphire Reserve about millennials, myths, and the other challenges she’ll confront in her next job at JPMorgan (JPM)

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While many banks are shuttering branches, JPMorgan Chase is expanding. It has tapped Pam Codispoti, the creator of the Chase Sapphire Reserve, to manage its network of bank branches. Business Insider recently spoke with Codispoti about her plans for JPMorgan’s network of brick-and-mortar banks. She discussed dispelling millennial myths, a new type of bank branch […]

Ethereum founder warns cryptocurrencies ‘could drop to near zero at any time’

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The 24-year-old founder of Ethereum has warned that cryptocurrencies could drop at any time. He added that nobody should invest more than they can afford to lose. Ethereum is the second most valuable cryptocurrency. The founder of Ethereum, the second most valuable cryptocurrency in the world, has warned that cryptocurrencies “could drop to near zero at […]