The stock markets have tanked lately, and tech stocks have been hit particularly hard.
Not long ago, betting on the biggest tech companies was a winning strategy, but no more.
Going into next year, investors are going to have to be more selective about their tech bets, said Dan Morgan, a longtime tech backer.
Morgan's advice: Bet on the cloud.With the markets in turmoil, shedding loads of value seemingly by the day across the board, it's no longer a sure thing to bet on the tech sector or even i
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A longtime investor shares his 3 picks for tech stocks to bet on in these tough times for the market (AMZN, MSFT, CRM, WDAY)
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Dow drops 640 points for the worst Christmas Eve trading day on record
US stock markets plunged more than 2.2%, even more notable after their most brutal week since 2008. European markets also slumped.
Treasury Secretary Steve Mnuchin's call with the heads of six major US lenders Sunday was a bizarre attempt to stem brutal recent losses in markets. It backfired.
Fears that the US government shutdown could continue into January, and Trump's suggestion that he aims to fire Fed Chairman Jerome Powell, have hit market confidence.Investors balked at chaos in the White H -
Steve Carell's 'Welcome to Marwen' suffered the worst box office opening for a studio movie this year
Director Robert Zemeckis' "Welcome to Marwen" only earned $2.35 million at the domestic box office.
That's the lowest opening by a major studio this year, beating the $2.39 million earned by Paramount's "Action Point" in June.
It's also the second-straight box office bomb for Universal releases, following the weak opening last week by "Mortal Engines."
For Zemeckis, it marks the director's third straight release that has been a box office failure. The problem with having a diverse slate of -
Trump lashes out at the Fed, says it's the 'only problem our economy has'
President Donald Trump lashed out at the Federal Reserve on Monday, saying it's the "only problem" with the US economy.
Last week, Trump was reportedly considering firing Fed Chairman Jerome Powell after the central bank hiked rates for the fourth time this year.
President Donald Trump took to Twitter Monday to lash out at the Federal Reserve, saying it's the "only problem" with the US economy.
"The only problem our economy has is the Fed," Trump tweeted Monday. "They don't have a feel for -
Waze sold to Google for $1 billion — but its CEO says the company owes its success to Apple (GOOGL)
A passing mention from Apple CEO Tim Cook in a public apology letter sent droves of users to Waze when it was still a fledgling navigation app.
CEO Noam Bardin says the company still celebrates "Tim Cook day"every year — and largely attributes the company's success to that mention.
Read Bardin's full interview with Business Insider here. In 2012, one day after the launch of Apple Maps, CEO Tim Cook posted an open letter on the company's website.
"We are extremely sorry for the f -
Imax passes $1 billion mark at the global box office for first time ever. Here are the highest-grossing titles that played on the format in 2018.
2018 marks the first time ever that Imax grossed $1 billion at the global box office.
"Avengers: Infinity War" was the highest global Imax performer of the year.With 2018 coming to an end, the studios are counting their stacks of money and finding that the industry is poised to break box office records by New Year's Eve (the domestic box office has already passed the all-time record set in 2016 of $11.37 billion), and it looks like a big assist came from Imax.
The large-format screen company rak -
In stock market meltdowns like this one, look to buy 'babies that get tossed out with the bathwater,' Oppenheimer says
The stock market has gotten hit hard over the final few months of the year.The forward price-to-earnings ratios in every sector, except for utilities, have fallen below their five-year averages.
Now is the time to look for opportunities in the market, Oppenheimer says.
The selling that has engulfed the US equity markets over the final months of the year is producing the opportunity to buy stocks at "attractive valuations," according to one Wall Street firm.
"We reiterate our call for investors t -
44 enterprise startups to bet your career on in 2019
If your 2019 plans include looking for a new job at a hot startup, we've got you covered.
It's once again time for Business Insider's annual picks of enterprise startups poised to flourish in 2019 and beyond.
We selected a variety of startups at a variety of stages and locations.As the New Year approaches, many of us find this is a natural time for self-reflection on our lives.
If you've come to the conclusion that you're ready for a new job and want to go to a startup that plays in the $3.8 tri -
Tesla sinks after Musk says it'll reimburse customers for missed tax credits and some Model 3 prices get cut in China (TSLA)
Tesla CEO Elon Musk said the automaker will reimburse customers if delivery delays cause them to miss out on tax breaks.
On Sunday, the electric-car maker said it was lowering the price of certain Model 3 sedans in China by up to 7.6%, according to a report.
It was the third time in the last two months that Tesla cut prices in China
Tesla's stock was down more than 6% early Monday
Watch Tesla trade live.
Tesla shares were sliding Monday morning, down 6.17% at $300.63, after CEO Elon -
Here's what you missed this weekend: The US government shut down, another top US military official left over a rift with Trump, and a tsunami devastated Indonesia
The biggest news this weekend was about the partial US government shutdown.
President Donald Trump also announced Defense Secretary James Mattis will leave his position by New Year's.
Treasury secretary Steve Mnuchin called top bankers on Sunday following a tumultuous month for US markets.
A tsunami hit Indonesia, killing over 200 people and injuring at least 800.
Parkland shooting survivor David Hogg announced he's going to Harvard University next year.The weekend before Christmas was eventful -
A fintech 'brain drain' is crippling once-mighty London: 10 UK start-up leaders contemplate life after Brexit
UK fintech leaders claim applications from the EU have dropped in the past 12 months.
Retaining talent and keeping investors is key to avoiding a "lost generation" of London fintechs.
Most fintechs have succeeded despite Brexit but industry fears remain. British fintechs claim to have made the best of continued uncertainty about the UK's future relationship with the EU, but warn that talent and investment will leave the country if clarity isn't forthcoming.
Business Insider spoke to 1 -
10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, TSLA, AMZN)
Here is what you need to know. Mnuchin moves to calm markets. Treasury Secretary Steven Mnuchin on Sunday tweeted that he held individual phone calls with the CEOs of the six largest US banks and reiterated that they have "ample liquidity." On Monday, he has a call scheduled with the President's Working Group on financial markets, which includes the the Board of Governors of the Federal Reserve System, the Securities and Exchange Commission, and the Commodity Futures Trading Commissio -
Nothing shows the relentless rise of China better than this mesmerizing animation of world GDP growth since 1960
An elegant animation of GDP growth among the world's top economies since 1960 dramatically shows the rise and fall of nations.
Whoa, China!If you want to get a really visceral idea of just how far and how fast China has come in the last 30 years, then check out this animation of world's top 10 countries' GDP growth since 1960, which we found on the Visual Capitalist web site. (This Twitter embed below shows the same thing, playing on a loop.) Best animation of the year. https://t.co/ -
Stories of 2018: Voice
via warc.comSmart speakers were on many people’s Christmas lists last year and that, combined with the growing use of virtual assistants, meant voice was predicted to become an important new channel for brands in 2018. Here’s what you were reading...
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