Amazon And The Rest Of Big Tech Are On Fire
Investors who put their faith in Jeff Bezos are being rewarded. Again.
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Investors who put their faith in Jeff Bezos are being rewarded. Again.
Investors across the globe are bracing for uncertain markets as President Donald Trump tries to downplay fears of a trade dispute between the U.S. and China.
Another flare-up in trade tensions between the U.S. and China sent the stock market sharply lower for the second time this week.
Eleven minutes later, Amazon's stock had fallen into the red — and so had the Nasdaq.
Trade war fears and a presidential attack on Amazon are rocking Wall Street.
The Dow dropped about 345 points, or 1.4%, on Tuesday, completely reversing a 244-point gain from early in the day.
The Dow surged 669 points — its third-biggest point gain in history — and had its best day in two and a half years.
Facebook's worst day in four years dragged the stock market down.
The cloud storage company is selling 36 million shares for between $16 and $18, according to a regulatory filing released Monday.
Martin Shrkeli, the smirking "Pharma Bro" vilified for jacking up the price of a lifesaving drug, was sentenced Friday to seven years in prison for defrauding investors in two failed hedge funds.
The Dow Jones industrial average closed above 25,000 points for the first time, just five weeks after its first close above 24,000.
Analysts say it would be inaccurate to give Trump full credit for the market's records, at least those set during the last few months.
Snap, the company behind the Snapchat app popular with young people, says revenue grew sharply, but it had a large net loss related to its initial public offering of stock.
The company behind Snapchat closed on a high note in its Wall Street debut, proof, at least for a day, that there's investor demand for young but still unproven tech companies.
The Dow Jones industrial average closed above 20,000 points for the first time, the latest milestone in a record-setting drive for the stock market.
Dow Jones tumbled more than 500 points during Friday's trading session, dropping below 16,000 points as the financial markets suffered another day of setbacks with many Silicon Valley stocks losing value.
The Dow is on pace to lose 1,000 points this week as Wall Street sinks under the weight of China, with the world's second largest economy showing increasing signs of weakness.
Apple fans keep buying iPhones, but Wall Street keeps worrying the company won't be able to match last year's blistering sales pace.
A sell-off triggered by weak Chinese manufacturing data and escalating tensions in the Middle East sent shares of Silicon Valley stocks tumbling Monday with Netflix falling nearly 7 percent in value, Yahoo nearly 6 percent, Twitter nearly 4 percent and Facebook dropping more than 3 percent in midday trading.
Mobile payments processor Square had to sell its stock at a deep discount to complete its initial public offering, a concession signaling that investors are becoming wary of once-hot startups that haven't proven they can make money.
The Dow Jones industrial average soared more than 600 points Wednesday, its biggest gain in seven years.
Apple shares helped lead the stock market on a steep dive Monday morning, but the tech giant made a partial recovery after CEO Tim Cook assured a popular Wall Street commentator that his company is still doing well in China.
Some of the most bullish local realtors have been flinching as markets on both sides of the Pacific have plunged.
Google's stock roared out of a long slumber Friday to produce the biggest shareholder windfall in U.S. history as investors rewarded the Internet company for promising to curb its spending on risky projects.
New home sales surged higher by nearly 7% in April, durable goods orders rebounded with a business investment spending improving for the second straight month, a critical sign for growth, and even consumer confidence is on the rise, although that really hasn't translated into higher retail spending, in spite of lower gas prices and an improving job market.
Super Bowl festivities continued Thursday as athletes and celebrities attended the Benson Boone concert in San Francisco.
One East Bay school district is putting a limit on the number of AP and honors classes high school students can take, saying they're trying to protect kids' mental health.
Former San Francisco 49ers running back Roger Craig, a record-setting dual-threat player as a runner and receiver, was elected as one of the newest members of the Pro Football Hall of Fame on Thursday.
San Francisco 49ers running back Christian McCaffrey was awarded the league's Comeback Player of the Year at the NFL Honors event on Thursday evening.
Jaden Yo-Eco has come a long way since selling T-shirts out of the trunk of his car in 2017.
Super Bowl festivities continued Thursday as athletes and celebrities attended the Benson Boone concert in San Francisco.
One East Bay school district is putting a limit on the number of AP and honors classes high school students can take, saying they're trying to protect kids' mental health.
Former San Francisco 49ers running back Roger Craig, a record-setting dual-threat player as a runner and receiver, was elected as one of the newest members of the Pro Football Hall of Fame on Thursday.
San Francisco 49ers running back Christian McCaffrey was awarded the league's Comeback Player of the Year at the NFL Honors event on Thursday evening.
Jaden Yo-Eco has come a long way since selling T-shirts out of the trunk of his car in 2017.
Super Bowl festivities continued Thursday as athletes and celebrities attended the Benson Boone concert in San Francisco.
The union representing San Francisco Unified School District teachers announced Thursday that a strike would take place early next week if an agreement with the district is not reached.
An electronic billboard at Fisherman's Wharf in San Francisco promoting U.S. Immigration and Customs Enforcement with a football theme for Super Bowl week was removed following criticism from residents and local lawmakers.
People enjoyed the food with numerous vendors lining Grant Avenue. The main attraction, though, was on the stage as legends from the sports world talked about why representation matters to them.
The Golden State Warriors have found their dependable big man by acquiring Kristaps Porzingis from Atlanta and have granted forward Jonathan Kuminga his wish to be traded.
One East Bay school district is putting a limit on the number of AP and honors classes high school students can take, saying they're trying to protect kids' mental health.
A 90-year-old man has been charged in connection with a vehicle collision with a pedestrian in November that resulted in her death in December, authorities said.
Sponsored by the USAA insurance company, Rich and his wife Alexia, who live in Richmond, will get tickets to the game, a hotel on Union Square, and attend other weekend events.
A total of 19 people were arrested in separate anti-human trafficking operations conducted by the Oakland Police Department and the Contra Costa Human Trafficking Task Force.
In addition to the market, there's also a restaurant inside. The "Hand Roll Factory" specializes in sushi rolls, rice and sashimi. It's only the second Tokyo Central in Northern California.
Authorities in Monterey County have launched investigations following the recent discoveries of two skulls and other human remains.
Police in San Jose are searching for a driver following a hit-and-run collision that killed a pedestrian last week.
Sponsored by the USAA insurance company, Rich and his wife Alexia, who live in Richmond, will get tickets to the game, a hotel on Union Square, and attend other weekend events.
Authorities in Monterey County are investigating after a body was found in an agricultural field near Salinas on Wednesday morning.
One city in the Bay Area has been declared the world's absolute worst in the world when it comes to housing affordability for new homebuyers, a new analysis finds.
A man who was arrested on child sexual abuse charges in Illinois is facing additional charges in the San Francisco Bay Area in connection with the alleged sexual assault of a child, police said.
Four suspects remain at large and two were arrested after an armed robbery at a Petaluma jewelry store on Saturday, police said.
A Bay Area environmental group is pushing for more restrictions and protection at one of the largest shale reefs in North America. As part of its proposal to the state, all fishing would be banned.
Yountville Commons will be located adjacent to City Hall at the site of the old Yountville Elementary School, which closed in 2000 because there weren't enough children in the town to keep it open. It will include about 120 affordable homes inside a large new public park.
The federal government said that unless homeowners downstream consent to it, the removal of the bridge cannot go forward. Meanwhile, residents opposed to the demolition say it's time to stop trying to fight Mother Nature.
Former San Francisco 49ers running back Roger Craig, a record-setting dual-threat player as a runner and receiver, was elected as one of the newest members of the Pro Football Hall of Fame on Thursday.
San Francisco 49ers running back Christian McCaffrey was awarded the league's Comeback Player of the Year at the NFL Honors event on Thursday evening.
Bad Bunny says he wants to bring his culture to his 2026 Super Bowl halftime show Sunday.
An electronic billboard at Fisherman's Wharf in San Francisco promoting U.S. Immigration and Customs Enforcement with a football theme for Super Bowl week was removed following criticism from residents and local lawmakers.
Two NFC West rivals, the San Francisco 49ers and Los Angeles Rams, will face off in the NFL's first regular season game in Australia later this year, the league announced.
A 90-year-old man has been charged in connection with a vehicle collision with a pedestrian in November that resulted in her death in December, authorities said.
Authorities in Monterey County have launched investigations following the recent discoveries of two skulls and other human remains.
Investigators have no proof that the missing mother of "Today" show host Savannah Guthrie is still alive but are holding out hope she is "still out there," the sheriff said.
Police in San Jose are searching for a driver following a hit-and-run collision that killed a pedestrian last week.
A total of 19 people were arrested in separate anti-human trafficking operations conducted by the Oakland Police Department and the Contra Costa Human Trafficking Task Force.
"Right now we have the Wild West. I want to see some rules of the road," said Democratic Sen. Richard Blumenthal.
The Northern California Regional Intelligence Center said suspicious conduct or criminal activity flagged by law enforcement will be entered into its database, where it "can link the locations to the information and really tie it all together in near-real time."
A former Google engineer has been convicted on multiple federal charges for stealing the tech giant's trade secrets on artificial intelligence to benefit Chinese companies he secretly worked for, federal prosecutors said.
The rideshare company is getting into the business of providing real-world driving data to autonomous vehicle developers. Here's why.
Waymo announced Thursday that its robotaxi service is now available to and from San Francisco International Airport, ahead of upcoming major events in the Bay Area including the Super Bowl and World Cup.
Health officials in the East Bay said a man has died from consuming toxic wild mushrooms, amid an ongoing spike in mushroom-related poisonings throughout California.
Health officials in Napa County confirmed Wednesday that a child has been diagnosed with measles in the county's first case in nearly 15 years.
Over the years, Dr. Rachel Forer has found plenty of ways to take the sting out of going to the dentist. But no matter how hard she tried, fear had a way of creeping in.
Officials in San Mateo County are the latest in the Bay Area to warn residents to not forage for wild mushrooms, amid a rise in mushroom poisonings that have led to illnesses and even deaths.
The Bay Area's Spare the Air alert has been extended to at least Saturday as a high-pressure system is expected to hang around and impact air quality.
President Trump said he is directing all federal law enforcement to be at the "complete disposal" of Savannah Guthrie's family as the search continues for her mother, Nancy Guthrie.
The Supreme Court declined to block California's new congressional map that could net Democrats five seats in the upcoming midterm elections.
Voters in San Francisco are set to decide on a proposed charter amendment that would restrict lawmakers to serving two terms for life, following a decision by the Board of Supervisors.
"Right now we have the Wild West. I want to see some rules of the road," said Democratic Sen. Richard Blumenthal.
President Trump is expected to sign an executive order putting JD Vance and Andrew Ferguson in charge of the group.
The billionaire and philanthropist MacKenzie Scott donated $45 million to The Trevor Project, a nonprofit focused on suicide prevention and advocacy for LGBTQ young people.
Oasis nightclub announced plans to close six months ago. New Year's Eve was slated for the final performance. A last-minute, multi-million dollar donation turned the final curtain call into an encore performance.
A 16-year FBI employee has filed a lawsuit alleging he was fired last month because he had a Pride flag displayed near his desk.
A group of transgender members of the U.S. Air Force and Space Force forced to leave active duty under the Trump administration's policies say their benefits were revoked in a rare move.
California state Sen. Scott Wiener of San Francisco announced Wednesday that he is running for Nancy Pelosi's congressional seat next year.
Bad Bunny says he wants to bring his culture to his 2026 Super Bowl halftime show Sunday.
People enjoyed the food with numerous vendors lining Grant Avenue. The main attraction, though, was on the stage as legends from the sports world talked about why representation matters to them.
While Bad Bunny's halftime show is expected to be the marquee attraction, dozens of performances across San Francisco and the South Bay are set to draw music lovers in the days leading up to kickoff.
Many Super Bowl 60 ads are already online, along with teasers for commercials that will be unveiled during the NFL championship on Feb. 8.
NPU Live, the company behind The Midway and Portola Festival, is hosting several concerts and parties in one of the city's unique spaces, Pier 80.
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.
Super Bowl festivities continued Thursday as athletes and celebrities attended the Benson Boone concert in San Francisco.
The NFL says it is committed to growing the sport of flag football. Team USA takes center stage when they play Mexico as part of this week’s Super Bowl festivities in San Francisco. Kenny Choi has the story of one member of the team and why this week’s game is more than just a contest.
Watsonville Municipal Airport hopes people will land at the airport and spend money, before taking off for the Super Bowl in Santa Clara.
Dublin Unified School District is limiting the number of AP and honors classes students can take to four per year.
As Len Ramirez reports, dozens of employees are out of the office and onto the platforms serving as ambassadors to help visitors navigate the system on one of the busiest days ever.
In 2025, KPIX is moving to a new community service award: the CBS News Bay Area Icon Award. Submit nominations for an outstanding community hero at kpix.com/icon.
It's the most wonderful time of the year for a South Bay woman who has played Mrs. Claus for more than 40 years for the children of North San Jose's Alviso District.
For residents of the Oakland Hills, the prospect of another wildfire always remains a concern. This week's Jefferson Awards winner has made it his mission to make the hills and other high-risk areas safer.
In East Palo Alto -- where state education numbers show more than nine in ten public school students are low income and more than half are English learners -- many are finding hope and connection at the Boys & Girls Clubs of the Peninsula.
This week's Jefferson Award winner is Army veteran who continues to live a life of service into his 80s, by feeding hundreds of San Francisco families a week.
A Bay Area man who overcame tremendous obstacles to excel in school has made it his mission to gear up other students for success in the classroom and in life.
For Students Rising Above scholar Josh Collins it took moving across the country to realize the value of his Bay Area family.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
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.