Are Tech Stocks About To Come Back To Earth?
Wall Street, captivated by remarkable growth prospects in tech, has lifted the Nasdaq by 11% this year.
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Wall Street, captivated by remarkable growth prospects in tech, has lifted the Nasdaq by 11% this year.
The Dow plunged more than 392 points, or 1.6%, on fears about political turmoil in Italy and renewed trade uncertainty between the United States and China.
Spotify's first quarterly report as a public held company struck the wrong note with investors
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.
Santa Clara was seeking its first tournament win since 1996, when future NBA MVP Steve Nash was a senior.
A surfer in Northern California was injured in a reported shark attack off a public beach, prompting the temporary closure of the beach, authorities said.
It is unclear under what circumstances President Trump would authorize the use of U.S. troops on the ground in Iran.
The failure to protect explicit case evidence in Denise Huskins' kidnapping and sexual assault case is driving reform at the State Capitol. New developments exposed a little-known gap in state law that could expose videos of sexual assault victims.
Illuminate, the nonprofit hosting the event, said founder Ben Davis, and the artist behind The Bay Lights, Leo Villareal, will be in attendance and speak ahead of the grand relighting.
Santa Clara was seeking its first tournament win since 1996, when future NBA MVP Steve Nash was a senior.
A surfer in Northern California was injured in a reported shark attack off a public beach, prompting the temporary closure of the beach, authorities said.
It is unclear under what circumstances President Trump would authorize the use of U.S. troops on the ground in Iran.
Illuminate, the nonprofit hosting the event, said founder Ben Davis, and the artist behind The Bay Lights, Leo Villareal, will be in attendance and speak ahead of the grand relighting.
The Bay Area and Central Coast are expected to see one more day of record hot temperatures before relief arrives, as an unprecedented March heat wave entered its fifth day on Friday.
Illuminate, the nonprofit hosting the event, said founder Ben Davis, and the artist behind The Bay Lights, Leo Villareal, will be in attendance and speak ahead of the grand relighting.
The parents of a San Francisco police recruit who died last year after having a medical emergency during academy training are filing a wrongful death suit against the department and the city.
The deal to offer a 14% raise over the next four years was unanimously approved by the San Francisco Police Board of Directors. It still needs the vote of rank and file, and the Board of Supervisors.
Maintaining acres of flowers and gardens at the historic Fioli House and Garden in Woodside, in the middle of a heat wave, is a job easier said than done.
High temperatures in the San Francisco Bay Area are expected to reach the 80s and 90s in many locations Wednesday, as a rare heat wave in March has already broken records.
The Bay Area and Central Coast are expected to see one more day of record hot temperatures before relief arrives, as an unprecedented March heat wave entered its fifth day on Friday.
The second of two rescued tigers being cared for at the Oakland Zoo was euthanized after it was recently diagnosed with cancer, the zoo announced.
Voters in Alameda County may decide on a proposal later this year that would raise the county's minimum wage to $30 an hour, nearly double the state's current minimum wage.
A Hayward police officer is suspected of unlawfully and knowingly accepting a $1,000 bribe and "free access to sex workers," the Alameda County District Attorney's Office said.
A college student who survived a fiery crash involving a Tesla Cybertruck in the San Francisco Bay Area has sued the automaker, alleging the vehicle's design trapped the occupants inside.
Santa Clara was seeking its first tournament win since 1996, when future NBA MVP Steve Nash was a senior.
A Hayward police officer is suspected of unlawfully and knowingly accepting a $1,000 bribe and "free access to sex workers," the Alameda County District Attorney's Office said.
To cut down on homelessness in the South Bay, a woman has created what she calls an "emergency room" for people facing eviction.
A person being sought in connection with a possible restraining order violation was arrested after crashing in a San Jose neighborhood, police said. The person was in a stolen vehicle at the time, according to police.
A minor earthquake struck southern Santa Clara County early Tuesday morning, officials said.
Sonoma County sheriff's deputies have made an arrest after a woman died following an attack inside a mobile home near Santa Rosa Wednesday evening.
The county says once funding is completed, construction could begin as soon as this fall, with completion sometime in 2028.
Marcus Ziemer, part of a Bay Area soccer coaching dynasty and longtime Sonoma State University men's soccer team head coach, died in Germany after a weekend accident.
In downtown Santa Rosa, shady spots with a place to sit and rest were commodities. But it was a quiet day for many businesses.
The driver of a vehicle that entered the water near the Sausalito Yacht Harbor was pronounced dead after being taken to the hospital.
Santa Clara was seeking its first tournament win since 1996, when future NBA MVP Steve Nash was a senior.
San Francisco Giants pitcher Hayden Birdsong will undergo Tommy John surgery and miss the entire season.
Rashaun Agee had 22 points and nine rebounds, and No. 10 seed Texas A&M beat seventh-seeded Saint Mary's 63-50 in the first round of the NCAA Tournament.
All eyes are on new San Francisco Giants manager Tony Vitello as he makes the big jump from coaching the University of Tennessee to major league manager despite no previous professional experience as a player or coach.
Golden State coach Steve Kerr can do the math.
The failure to protect explicit case evidence in Denise Huskins' kidnapping and sexual assault case is driving reform at the State Capitol. New developments exposed a little-known gap in state law that could expose videos of sexual assault victims.
A Northern California nanny was arrested and is facing felony charges after she allegedly abused a young child in her care at a park earlier this week.
Sonoma County sheriff's deputies have made an arrest after a woman died following an attack inside a mobile home near Santa Rosa Wednesday evening.
A Hayward police officer is suspected of unlawfully and knowingly accepting a $1,000 bribe and "free access to sex workers," the Alameda County District Attorney's Office said.
A person being sought in connection with a possible restraining order violation was arrested after crashing in a San Jose neighborhood, police said. The person was in a stolen vehicle at the time, according to police.
A college student who survived a fiery crash involving a Tesla Cybertruck in the San Francisco Bay Area has sued the automaker, alleging the vehicle's design trapped the occupants inside.
A Bay Area gender gap in the tech industry threatens the full participation of women in the future of artificial intelligence.
Across San Jose, nearly 474 automated license plate reader cameras scan passing vehicles every day, capturing plate numbers, vehicle descriptions, and location.
The Oakley City Council on Tuesday voted to approve a controversial industrial development near the shoreline following a public meeting where residents on both sides of the issue voiced their concerns.
Artificial intelligence can give some workers "brain fry" if overused, according to a new study published in Harvard Business Review.
The early-season heat wave gripping the Bay Area also means the allergy season is already kicking into high gear.
He advises people to lie down, extend their arms, and hold the phones above their heads, or people should hold their phone at eye level, rather than looking down.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
The city said there was no evidence of community-spread or of an outbreak, and that the health advisory was issued to give health care providers guidance.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
It is unclear under what circumstances President Trump would authorize the use of U.S. troops on the ground in Iran.
The FCC announced Thursday that it had approved the $6.2 billion merger of major broadcast station owners Nexstar and Tegna.
Lawmakers in the California state legislature said they are moving to designate "Farmworkers Day" as a state holiday following sexual abuse allegations against Cesar Chavez.
Voters in Alameda County may decide on a proposal later this year that would raise the county's minimum wage to $30 an hour, nearly double the state's current minimum wage.
Two former FBI agents who helped investigate President Trump's efforts to overturn the 2020 presidential election results sued the federal government, alleging they were wrongfully terminated.
A man has been arrested and accused of a hate crime after a San Francisco church was vandalized over the weekend, police said.
A Yosemite park ranger was fired last year after helping to display a transgender pride flag from El Capitan.
After more than two years of renovations, the historic Castro Theatre is back open for business.
A large Pride flag has been removed from the Stonewall National Monument in Greenwich Village. The National Park Service said it did so under guidance from the federal government.
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.
Illuminate, the nonprofit hosting the event, said founder Ben Davis, and the artist behind The Bay Lights, Leo Villareal, will be in attendance and speak ahead of the grand relighting.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
Afroman spoke to CBS News after he won the case, which tested the limits of parody and the license artists can take in social commentary directed at public figures.
The film follows CBS News correspondent Steve Hartman and photographer Lou Bopp through their seven-year journey to document the toll of America's school shooting epidemic.
"One Battle After Another" took home several big awards, including Best Picture, Best Director and the newly created Best Casting.
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.
On the first day of Spring, expect one more day of record heat before a cooling trend begins. Zoe Mintz has the forecast.
Kara St. Cyr reports.
Families in San Francisco are taking advantage of a new waterfront park in a once-neglected portion of the India Basin neighborhood. Kelsi Thorud reports.
The wine industry has been struggling with a slowdown in business in recent years. Kara St. Cyr reports.
The National Day of Clean is a campaign to carry out 100 million hours of community service by Dr. Martin Luther King Jr's 100th birthday. Veronica Macias reports.
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.