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0 -0.00116346713205349 0.00101803374054673 0.00116346713205349 -0.00319953461314716 -0.00378126817917401 -0.00494473531122751 -0.00319953461314716
Stock impact report

First Merchants Bank - Click, like, and ignore: One third of young Americans seeking financial advice from unregulated celebrities and online influencers [Yahoo! Finance]

First Merchants Corporation (FRME) 
Last first merchants corporation earnings: 4/23 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
have a preference to take advice on financial issues from celebrities and influencers via social media channels. Platforms such as Twitter (X), Instagram and TikTok are increasingly being used by younger generations for information. While both the internet and social media can be a hub of valuable and accessible resources, there is a risk of this content becoming a replacement for regulated information from trusted banks and independent financial advisors. Taking financial advice from unregulated celebrity influencers may not be the wisest choice, and there are several reasons to exercise caution in doing so, according to First Merchants Bank's Director of Omni and Digital Banking, Jeremy Tankovich Lack of expertise – While influencers create engaging content that viewers enjoy, they may not have formal education or expertise in finance. Financial matters can be complex, and advice from individuals without proper qualifications may lack the depth and accuracy needed for sound de Show less Read more
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