Longtime crypto skeptic JPMorgan chief executive Jamie Dimon thinks Bitcoin (BTC) is a ‘hyped-up fraud,’ comparing crypto to pet rocks. In a new interview with CNBC, Dimon says Bitcoin and other digit...
Tag: jpmorgan
“Bitcoin Is A Hyped-Up Fraud” — JPMorgan CEO Jamie Dimon Asserts ⋆ ZyCrypto
Advertisement     Jamie Dimon, CEO of American multinational financial services company JPMorgan Chase has rubbished Bitcoin, terming the top cryptocurrency as worthle...
JPMorgan sees another 20% upside in Regeneron shares: this is why
Shares of Regeneron Pharmaceuticals Inc (NASDAQ: REGN) have already gained about 25% since early September but a JPMorgan analyst is convinced the stock will continue to move up in the coming months. ...
No more ‘special awards’ for JPMorgan CEO Jamie Dimon, board decides
JPMorgan Chase & Co.’s board heeded an outcry from shareholders about Chairman and Chief Executive Jamie Dimon’s compensation, which in the past has included more than $50 million in “special awar...
JPMorgan CEO Jamie Dimon says Bitcoin is a ‘hyped-up fraud’ and cryptocurrencies are a ‘waste of time’—but blockchain is a ‘deployable’ technology
Despite the ongoing Crypto Winter, Bitcoin supporters are certain that the future for the fledgling industry is bright. And so far this year, they’ve had reason to celebrate. Bitcoin’s price has jumpe...
JPMorgan CEO Dimon Calls Bitcoin a “Hyped-up Fraud”
– Advertisement – According to him, the entire cryptocurrency industry is going to zero eventually. Jamie Dimon, American billionaire and CEO of JPMorgan Chase, has once again swiped at Bi...
JPMorgan CEO Says Rates Could Hit 6% And Bitcoin Is “A Hyped Up Fraud”
(Photo by Mark Wilson/Getty Images) Getty Images Key Takeaways JPMorgan CEO Jamie Dimon has given an interview at the World Economic Forum in Davos, Switzerland, and he wasn’t mincing words. He believ...
JPMorgan CEO says interest rates will ‘go higher than 5.0%’: here’s why
The U.S. central bank will have to push interest rates higher than what its currently projecting to win the battle against inflation, says Jamie Dimon – the Chief Executive of JPMorgan Chase & Co....
JPMorgan CEO slams Bitcoin as ‘a hyped-up fraud’ and ‘pet rock’
JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon has continued to express his disapproval of Bitcoin (BTC) and other cryptocurrencies after he last year compared Bitcoin to a “Ponzi scheme.” During an appea...
What JPMorgan and Other Banking Giants Are Saying About a Possible Recession
America’s banking giants are looking into their economic crystal balls, and not all of them like what they see. JPMorgan , Bank of America , and other top U.S. banks recently offered economic outlooks...
JPMorgan, Wells Fargo, Bank of America and Citi beat earnings expectations, but worries about headwinds remain
JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc. and Wells Fargo & Co. managed to beat Wall Street’s reduced expectations for their fourth-quarter profits as higher interest rates b...
JPMorgan Chase, Bank of America and Wells Fargo earnings show the good, the bad and the ugly of people’s finances. So how are they holding up?
Friday’s wave of big-bank earnings gives an important glimpse into Americans’ finances amid high prices, rising interest rates and recession worries. At first glance, most consumers appear to be keepi...
JPMorgan Chase, Wendy’s and more
A sign is posted in front of a Wendy’s restaurant on August 10, 2022 in Petaluma, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. JPMorgan ...
Should you buy JPMorgan stock after its Q4 earnings?
JPMorgan Chase & Co (NYSE: JPM) reported market-beating results for its fourth financial quarter on Friday. Shares are still down on muted guidance. JPMorgan stock upgraded to ‘buy’ The largest U....
JPMorgan, Virgin Galactic, Tesla and more
A person enters the JPMorgan Chase headquarters in New York, June 30, 2022. Andrew Kelly | Reuters Check out the companies making the biggest moves in the premarket: JPMorgan — The bank reported fourt...
Stocks Higher, JPMorgan, Tesla, Boeing, Delta – 5 Things To Know
Five things you need to know before the market opens on Friday January 13: 1. — Stock Futures Drift Higher, Yields Slide, With Earnings On Deck U.S. equity futures edged edged higher Friday, whi...
JPMorgan Reports Earnings Friday. Here’s What to Expect.
JPMorgan Chase will be one of the first big banks to report fourth-quarter 2022 financial results on Friday, and Wall Street expects a mixed bag. Revenue at the bank is forecast to swell to $34.5 bill...
JPMorgan Chase (JPM) earnings 4Q 2022
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Thursday...
Dow Jones Futures Fall After S&P 500 Hits Resistance; JPMorgan, UnitedHealth Earnings On Tap
Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. Big earnings from JPMorgan, Bank of America, UnitedHealth, Delta Air Lines and more are on tap Friday morn...
JPMorgan Chase shutters student financial aid website Frank
Dimon said in June that he was preparing the bank for an economic “hurricane” caused by the Federal Reserve and Russia’s war in Ukraine. Al Drago | Bloomberg | Getty Images JPMorgan ...
JPMorgan says it was duped by founder who made up 4 million customers
JPMorgan Chase has alleged in a lawsuit that it was duped by a start-up founder who made up 4 million customers for an app designed to help students through the college financial aid process. In a law...
JPMorgan CEO Jamie Dimon Reiterates Bearish Stance on Bitcoin and Other Virtual Assets
Although Jamie Dimon remains a Bitcoin critic, JPMorgan continued to make waves in the blockchain industry. While there are many Bitcoin believers confident in the existence of the cryptocurrency, the...
China’s reopening could boost Australia’s economy by 1%, JPMorgan says
According to JPMorgan, a full recovery in Australia’s tourism will add 0.5 percentage points to its GDP and the return of international students from China will add another 0.4 percentage points...
Crypto Non-Existent for Big Institutional Investors: JPMorgan Executive
Interest from institutional investors is yet to be in crypto. Many are relieved not to be part of volatility. Major financial institutes are slowly deviating towards the industry. Cryptocurrency is...
JPMorgan Downgrades Crypto Bank Silvergate Capital After 4Q Results, Shares Slump
“These events highlight Silvergate Bank’s significant operating challenges, in particular the profitability, funding and liquidity risk associated with amplified deposit volatility driven by unc...
Tesla stock is tanking on delivery whiff and JPMorgan downgrade
Tesla stock is picking right up where it left off in 2022: Lacking juice. Shares of the EV maker fell more than 14% on Tuesday to their lowest level since August 2020, with investors reacting to a lac...
Tesla Stock Slumps As JPMorgan Sees Margin Issue On Q4 Deliveries
Tesla (TSLA) – Get Free Report shares moved lower Tuesday, following on from their worst annual performance on record, after softer-than-expected fourth quarter delivery figures and a price tar...
JPMorgan Senior Strategist Says Institutions Are Not Interested In Digital Assets
JPMorgan Asset Management’s senior strategist Jared Gross said institutions might not be interested in investing in crypto assets due to the current scenario in the crypto market. He said digita...
JPMorgan Strategist Says Crypto Is ‘Non-Existent’ in Portfolios of Institutional Investors: Report
A strategist from banking giant JPMorgan reportedly says that crypto assets are still virtually non-existent to the majority of the institutional investment world. In an episode of Bloomberg’s What Go...
Is crypto non-existent for institutional investors? This JPMorgan exec states that…
Institutional investors fail to put their faith in cryptocurrencies However, some major financial institutions are accepting and backing various cryptocurrencies Institutions have stayed away from cry...
Revealed: JPMorgan is no more interested in the crypto market
During the past few years, JPMorgan and other top traditional financial institutions supported the crypto market, because of which the crypto market boomed in the last decade. However, there were some...