Market Analysts Give Zuckerberg Thumbs Down for Meta Guidance
Facebook's parent company Meta had a lackluster day on Wall Street Friday, one day after setting a record for the largest one-day value drop in stock market history.
Facebook's parent company Meta had a lackluster day on Wall Street Friday, one day after setting a record for the largest one-day value drop in stock market history.
U.S. stocks plunged in early trading Monday as investors fretted over mounting inflation and geopolitical tensions, before making up that ground in afternoon trading as financial markets whipsawed.
Now that the Omicron variant of the COVID virus has been detected in San Francisco, here's what you need to know.
Elon Musk, the world's wealthiest person, sold almost $7 billion dollars worth of Tesla stock in the past week, driving down the share price.
Wall Street gave Robinhood a cool reception Thursday in the online broker's debut in the stock market that it helped reshape by bringing millions of new investors.
Does the huge drop in the Dow Jones and other indices mark the end of a historic run that dates back to the pandemic's early days?
Robinhood, the Silicon Valley-based online brokerage that found itself embroiled in this year's meme stock phenomenon, will go public seeking a market valuation of up to $35 billion.
San Francisco-based Coinbase made a rousing debut on Wall Street Wednesday, with shares of the digital currency exchange rising as high as $429, briefly giving it a market value over $100 billion.
The filing, which Robinhood confirmed in a brief statement Tuesday afternoon, demonstrates how confident the company is in its growth prospects even after a disastrous few months.
Thursday was another rollercoaster day for GameStop with the company's stock dropping a whopping 44 percent as small online investors ran into a roadblock in their trading war with Wall Street short-sellers.
The stock market has enjoyed unprecedented gains during the pandemic, with the strange, meteoric rise of GameStop among the highlights.
The stock market has enjoyed a historic rise, despite the pandemic and political upheaval, and looks poised to continue growing through 2021 and beyond.
Airbnb shares more than doubled in price as the home sharing company made its debut Thursday on the Nasdaq stock exchange.
The incredible year for Tesla stock has created a bloodbath for those shorting the Bay Area-based electric carmaker's shares.
The Dow Jones crossed the 30,000 threshold for the first time ever Tuesday, fueled by news that suggests a more stable economy in the near future.
Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line.
Stocks tumbled more than 942 points on the Dow Wednesday on worries the worsening pandemic will mean more restrictions on businesses and drag down the economy.
Charles Schwab said Monday that it is laying off 1,000 employees just weeks after completing its acquisition of TD Ameritrade.
In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
A surge in paying customers enabled Zoom to hail another quarter of explosive growth, deepening its integral role in life during the pandemic.
Tesla is preparing to split its stock, making it more affordable for average investors. It may need to do another one pretty soon if its shares keep surging.
The electric car company Tesla announced Tuesday evening it planned to split its stocks five-for-one, the first stock split in the company's history.
In the wake of the stock market collapse spurred by the economic impact of the COVID-19 crisis, U.S. Senator Dianne Feinstein has had to answer questions about stock trades involving her husband just prior to the market tanking.
To meet a surge in demand from consumers stuck at home, Blue Apron has hired more than 300 people at its fulfillment centers which include a facility on Regatta Blvd. in Richmond.
The stock market reacted positively to the recent record unemployment numbers, which suggests a strong economic comeback, but be wary.
There was a sign of hope for a family waiting for the safe return of their loved one.
Oakland is about to expand its network of bike lanes, and business owners are once again raising concerns.
CDC's provisional figures show a 2% decline in births from 2022 to 2023.
San Francisco is in the process of making the area near the deadly West Portal crash safer, but residents are worried the decision may be rushed.
The Sonoma County Sheriff's Office is asking the public for help after identifying a John Doe whose identity had been unknown since 2001.
There was a sign of hope for a family waiting for the safe return of their loved one.
Oakland is about to expand its network of bike lanes, and business owners are once again raising concerns.
CDC's provisional figures show a 2% decline in births from 2022 to 2023.
San Francisco is in the process of making the area near the deadly West Portal crash safer, but residents are worried the decision may be rushed.
The Sonoma County Sheriff's Office is asking the public for help after identifying a John Doe whose identity had been unknown since 2001.
San Francisco is in the process of making the area near the deadly West Portal crash safer, but residents are worried the decision may be rushed.
San Francisco appears headed for its first mega-project housing development since the pandemic.
The 67th San Francisco International Film Festival begins Wednesday with a variety of screenings including the documentary "Counted Out," which will have its West Coast premiere Sunday.
A Redwood City man changed his career path - from running Stanford's Digital Language Lab to going to beauty school - so he could serve his community in a way that's more meaningful to him.
A ride-hailing driver escaped from an attempted carjacking in Palo Alto this week, police said Wednesday.
There was a sign of hope for a family waiting for the safe return of their loved one.
Oakland is about to expand its network of bike lanes, and business owners are once again raising concerns.
Aaron Judge hit a two-run homer in the first inning after Oakland starting pitcher Joe Boyle was called for a balk on the previous pitch and the New York Yankees beat the Athletics 7-3.
Documents filed by Tesla with the state of California show nearly 3,000 workers in Fremont and Palo Alto will be among the mass layoffs announced by the electric automaker earlier this month.
An Antioch high school student was given Narcan after an apparent overdose on Tuesday while at school, the Antioch Unified School District said.
A bomb threat at San Jose City College Wednesday evening led the school to evacuate the campus and cancel all night classes, according to school officials.
The San Jose Sharks announced Wednesday that head coach David Quinn has been relieved of his duties, following one of the worst seasons in team history.
A caregiver to an elderly South Bay couple has been arrested on elder abuse charges after he allegedly used their debit card to steal thousands of dollars from the couple, deputies said Tuesday.
A volunteer group that picks up trash around San Jose is gaining attention for its high-energy and fast-paced clean
It is often said that "one man's trash is another man's treasure," and for Harriete Estel Berman, she sees beauty in the discarded.
The Sonoma County Sheriff's Office is asking the public for help after identifying a John Doe whose identity had been unknown since 2001.
A second pedestrian in two days was killed in Fairfield early Wednesday morning.
Despite a cyberattack Wednesday, the Solano County Library remains open for patrons.
A helicopter crew airlifted an injured tree trimmer to a Santa Rosa hospital Monday in a dramatic rescue captured on video.
Five people who work as security staff at a Petaluma bar were arrested Saturday night after allegedly beating a patron, police said.
Aaron Judge hit a two-run homer in the first inning after Oakland starting pitcher Joe Boyle was called for a balk on the previous pitch and the New York Yankees beat the Athletics 7-3.
Francisco Lindor hit a pair of two-run homers and the New York Mets avoided a three-game series sweep with an 8-2 win over the San Francisco Giants.
The San Jose Sharks announced Wednesday that head coach David Quinn has been relieved of his duties, following one of the worst seasons in team history.
San Francisco Giants left-hander Blake Snell was scratched from Wednesday's scheduled start against the New York Mets and placed on the 15-day injured list with a left adductor strain.
Logan Webb pitched eight strong innings and extended his scoreless streak to a career-high 19 as the San Francisco Giants beat the New York Mets 5-1 on Tuesday night.
A bomb threat at San Jose City College Wednesday evening led the school to evacuate the campus and cancel all night classes, according to school officials.
A federal judge Wednesday set May 17 as the date for the sentencing of David DePape, who was convicted on two charges related to his 2022 hammer attack on Paul Pelosi, House Speaker Emerita Nancy Pelosi's husband, in their San Francisco home.
A second pedestrian in two days was killed in Fairfield early Wednesday morning.
A ride-hailing driver escaped from an attempted carjacking in Palo Alto this week, police said Wednesday.
A memorial service for fallen Oakland Police Officer Jordan Wingate is set for this Friday and will be open to the public.
Documents filed by Tesla with the state of California show nearly 3,000 workers in Fremont and Palo Alto will be among the mass layoffs announced by the electric automaker earlier this month.
Facebook and Instagram parent company Meta says its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platforms.
Oracle Corp. CEO Larry Ellison says the business software giant's planned campus in Nashville, Tennessee, will serve as its world headquarters and place it in a city that's a center of the health care industry.
Lawmakers argue the Chinese government can use the widely popular video-sharing app as a spy tool and to covertly influence the U.S. public.
Customers who rely on government assistance programs can get same perks as Prime members, for less.
UnitedHealth said it paid the criminals behind attack that crippled hospitals and pharmacies to protect sensitive patient data.
The CDC estimates the U.S. could reach 300 measles cases in 2024 — more than the recent peak two years ago.
California law says genetic testing companies have to get your permission before they store, use or sell your DNA, but the state itself doesn't have to get your permission and has been storing DNA samples from every baby born there since the '80s. Lawmakers want to change that, but face an uphill battle.
More than 20 people have been stricken after getting fake or mishandled injections in homes and spas, feds warn.
Families of children with a rare autoimmune disorder are hoping new legislation in Sacramento will help their loved ones get the treatment they need.
Oakland is about to expand its network of bike lanes, and business owners are once again raising concerns.
San Francisco is in the process of making the area near the deadly West Portal crash safer, but residents are worried the decision may be rushed.
San Francisco appears headed for its first mega-project housing development since the pandemic.
With the summer travel season looming and with as more people take to the skies at Bay Area airports, new rules are aiming to help passengers fed up with delays, cancellations, lost luggage and hidden fees.
Two sources briefed on the situation told CBS News the agent spouted gibberish, was speaking incoherently and provoked another officer physically.
One of San Francisco's oldest LGBTQ bars, on Saturday the Stud re-opened it's doors for the first time in four years at a new location.
A California judge has tentatively sided with state Attorney General Rob Bonta in a dispute over the title of a proposed ballot measure that would require school staff to notify parents if their child asks to change gender identification at schools.
On Friday morning, a special ceremony held on board the USNS Harvey Milk paid homage to the San Francisco gay rights icon who is its namesake.
CBS News national security correspondent David Martin says the naming of the USNS Harvey Milk is a statement that LGBTQ+ rights matter in the U.S.
The naming of the USNS Harvey Milk is just one sign of a very different U.S. military than what many LGBTQ veterans experienced, including one Bay Area army veteran, who reflected on his painful exit from service and how things have changed.
The 67th San Francisco International Film Festival begins Wednesday with a variety of screenings including the documentary "Counted Out," which will have its West Coast premiere Sunday.
The defense attorney representing a former Los Angeles-area gang leader accused of killing hip-hop music icon Tupac Shakur in 1996 in Las Vegas said Tuesday his client's accounts of the killing are fiction and prosecutors lack key evidence to obtain a murder conviction.
Organizers of the annual Outside Lands Music Festival at San Francisco's Golden Gate Park revealed the lineup for the 2024 event.
The 67th San Francisco International Film Festival begins Wednesday night, presenting a smaller program than in years past that will continue through Sunday.
A long-dormant Suicidal Tendencies side project led by singer Mike Muir and former bassist Robert Trujillo (currently in Metallica), Infectious Grooves brings their goofy funk-metal songs to the UC Theatre Saturday for their first Bay Area show in years.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
Andrea Nakano reports on a Bay Area native who was taken hostage by Hamas. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
Jose Martinez reports on concerns that San Francisco residents have regarding the city's move to make the area safer after a deadly crash. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
Wilson Walker reports on Grand Avenue business owners raising concerns over impact of bike lanes Oakland officials want to install.
CBS News Bay Area evening headlines for Wednesday, April 24, 2024. Watch full newscasts streamed at the CBS SF website or on the app. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
Shawn Chitnis reports on a documentary filmmaker's new feature focusing on the trials and tribulations of learning math screening at the San Francisco International Film Festival.
A Redwood City man changed his career path - from running Stanford's Digital Language Lab to going to beauty school - so he could serve his community in a way that's more meaningful to him.
A San Francisco-based nonprofit created by this week's Jefferson Award winner helps low income and unsheltered people stay healthy and feel good about themselves.
A trio who's led the way in keeping San Mateo County beaches clean is launching a whale of an idea for Earth Day.
Two Peninsula mothers are encouraging San Mateo County youth to think about how they can care for the environment and express themselves using the video tools they already use.
An Oakland man is bringing families together to break the cycle of violence in a neighborhood known for violent crime.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.
A onetime pupil has now become a student advisor, giving back after years of mentorship led him to success.
Police departments all over the country are having a hard time finding new officers, but one Bay Area student is criss-crossing the world while preparing for a career in law enforcement here at home.
When most people graduate from college, they tend to focus on one job. But this month's Students Rising Above scholar is currently juggling multiple workplace assignments.