China

What's Powering the Stock Market's Record Highs? Strong Earnings-and FOMO

28 minutes ago   |   Fortune   |   4 articles

The stock market is on a roll. The S&P 500 reached a record high at the close on Tuesday for the first time since September, while the Nasdaq Composite also notched a closing...
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'Avengers: Endgame' already broke the record for the biggest box-office opening in China of all time

'Avengers: Endgame' already broke the record for the biggest box-office opening in China of all time

38 minutes ago   |   Business Insider

"Avengers: Endgame" has already made $107.2 million in China, where it opened on Wednesday. It's on its way to becoming the biggest Hollywood release in China ever. "Endgame...
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Caterpillar slips as higher costs dent margins at construction business

1 hour ago   |   Reuters   |   2 articles

Caterpillar Inc spooked investors for a second straight quarter as rising costs hit margins in its construction equipment business and tepid sales in the Asia Pacific region...
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Stocks move sideways on Wall Street after record-setting day

1 hour ago   |   Chron   |   3 articles

NEW YORK - U.S. stocks followed a record-setting day with more subdued trading Wednesday as investors continue digesting a steady flow of corporate earnings and a potential...
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The 22 tallest buildings in the world right now: RANKED

The 22 tallest buildings in the world right now: RANKED

2 hours ago   |   Business Insider

We ranked the 22 tallest buildings in the world right now using data from The Skyscraper Center . At 2,716 feet, the Burj Khalifa in Dubai has reigned as the world's tallest...
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The U.S. Is Losing Its Crusade Against Huawei

2 hours ago   |   Fortune

The United Kingdom has decided to allow Huawei's 5G equipment into its national rollouts to a degree-the gear is banned from core parts of the British communications network...
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Caterpillar slips as disappointing construction sales point to China weakness

3 hours ago   |   Reuters   |   7 articles

Caterpillar Inc spooked investors for a second straight quarter on Wednesday with a 4 percent drop in Asia-Pacific construction equipment sales that pointed to more weakness in...
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I visited more than 20 countries in a year of traveling for work. Here are the 5 most unforgettable places I saw, and exactly what you should do there to get off the standard tourist route

I visited more than 20 countries in a year of traveling for work. Here are the 5 most unforgettable places I saw, and exactly what you should do there to get off the standard tourist route

3 hours ago   |   Business Insider   |   2 articles

A year ago, I left New York to travel around the world as Business Insider's international correspondent. Over that time, I visited over twenty countries. I decided it would be...
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Caterpillar drops as sales weaken in every major region except North America

Caterpillar drops as sales weaken in every major region except North America

3 hours ago   |   Business Insider   |   7 articles

Caterpillar shares fell early Wednesday after the construction-machinery giant reported first-quarter results that topped Wall Street estimates. Shares dipped after...
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Ride-hailing firm Grab is losing its CTO

3 hours ago   |   Tech Crunch

Grab is once again on the hunt for a CTO after Theo Vassilakis, the former Microsoft and Google executive who currently occupies the role, announced that he will leave the...
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Frostpunk sells over 1.4 million copies in its first year

Frostpunk sells over 1.4 million copies in its first year

11 Bit Studios has sold over 1.4 million copies of Frostpunk since the postapocalyptic survival-city building sim launched one year ago today. Read more ...

Ford invests $500 million in Rivian, an electric truck startup in Michigan

Ford invests $500 million in Rivian, an electric truck startup in Michigan

DETROIT - Ford Motor Co., maker of the best-selling F-Series pickup trucks, announced early Wednesday that it's investing $500 million in Rivian, the Michigan-based electric... Read more ...

Snap drops 6% as investors mull sluggish user growth

Snap drops 6% as investors mull sluggish user growth

Snap shares fell 6% Wednesday morning as the rally that developed in the wake of its first-quarter results faded. The company beat on both the top and bottom lines, but user... Read more ...

Luminary is looking to original content and discoverability for subs

Luminary is looking to original content and discoverability for subs

This is an excerpt from a story delivered exclusively to Business Insider Intelligence Digital Media Briefing subscribers. To receive the full story plus other insights each... Read more ...

Record Closing Highs Reached for S&P 500, Nasdaq Composite as Earnings Boost...

Record Closing Highs Reached for S&P 500, Nasdaq Composite as Earnings Boost Market

The S&P 500 and Nasdaq Composite Index both closed at new record highs Tuesday as investor appetite for stocks rose after strong corporate profit reports. The S&P 500 climbed... Read more ...

Tesla's 'Autonomy Day' fell flat with analysts - now Wall Street is bracing...

Tesla's 'Autonomy Day' fell flat with analysts - now Wall Street is bracing for its Q1 results

Tesla is scheduled to report first-quarter earnings after Wednesday's closing bell, and analysts expect investors to be laser-focused on demand levels and second-quarter... Read more ...

737 MAX grounding cuts into Boeing profit and cash reserves

737 MAX grounding cuts into Boeing profit and cash reserves

The worldwide grounding of the 737 MAX quickly rippled through Boeing's finances, depleting its cash reserve by nearly $1 billion in just the first three weeks, according to... Read more ...

JPMorgan just promoted 117 people in its corporate and investment banking...

JPMorgan just promoted 117 people in its corporate and investment banking unit to managing director - and we got the full list

JPMorgan's new list of managing directors includes a record share of women this year. Business Insider has a full list of the names. JPMorgan's corporate and investment bank... Read more ...

Pew: U.S. adult Twitter users tend to be younger, more democratic; 10%...

Pew: U.S. adult Twitter users tend to be younger, more democratic; 10% create 80% of tweets

A new report out this morning from Pew Research Center offers insight into the U.S. adult Twitter population. The firm's research indicates the Twitterverse tends to skew... Read more ...

Netflix won a big victory in its fight to have its movies continue to be...

Netflix won a big victory in its fight to have its movies continue to be eligible for Oscars

The Academy of Motion Picture Arts and Sciences' Board of Governors voted on Tuesday to keep existing eligibility rules for the Oscars, meaning Netflix is safe to... Read more ...