JPMorgan Chase overhauls quantum computing leadership, poaches State Street executive

Key Points

JPMorgan Chase has overhauled the leadership of its internal research group responsible for quantum computing and other forms of advanced technology, CNBC has learned.
Marco Pistoia, the former IBM inventor who became head of JPMorgan’s applied research group in 2020, has recently left the bank, according to a person briefed on the matter.
JPMorgan has hired Rob Otter, who is State Street’s global head of digital technology and quantum computing, to replace Pistoia, according to an employee memo sent Monday.

Source

Finance

As ‘Sell America’ trade volatility rages on, some of the biggest changes may be in your bonds

February 7, 2026

ETF Edge As ‘Sell America’ trade volatility rages on, some of the biggest changes may be in your bonds Published Sat, Feb 7 20269:59 AM EST Krysta Escobar WATCH LIVE Source

Finance

Bitcoin gets slashed in half. What’s behind the crypto’s existential crisis

February 6, 2026

In this article MSTR SOL.CM= ETH.CM= BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Nastco | Getty Bitcoin tumbled toward $60,000 this week as investors reassessed its utility. And while there isn’t one clear catalyst driving the bloodbath, one thing is clear: the crypto market is in crisis. “There’s nothing going on in the marketplace that […]

Finance

Stocks making the biggest moves midday: Amazon, Centene, Roblox and more

February 6, 2026

Check out the companies making headlines in midday trading. Centene — Shares of the health insurance provider slid 5%. Guidance for full-year revenue came in at $186.5 billion to $190.5 billion, missing the FactSet consensus call for $194.1 billion. The outlook for premium and service revenue for the year was also shy of Wall Street […]