The company's stock price has similarly soared, and its total market value quickly passed rivals like Intel, Microsoft and others. Nvidia alone accounted for more than a fifth of all of the S&P 500 index's total return last year. No other stock came close, and it had more than triple Apple's impact.
Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest results fell short of Wall Street forecasts.
Are you planning on attending the San Francisco Chinese New Year Parade in person? Here's everything you need to know before you go.
Federal agencies have offered exits to millions of employees and tested the prowess of engineers — just like when Elon Musk bought Twitter. The similarities have been uncanny.
Supervisors Stephen Sherrill and Danny Sauter, among the city’s new moderate leaders, proposed a law to allow “formula retail” on a mile stretch of Van Ness Avenue, between Redwood Street and Broadway, the San Francisco Chronicle reported.
New York leads the list, with London in second place and Hong Kong in third in the Global Financial Centres Index.
Illustrating the area’s current cachet, when the Hearst Corp. announced last week that it was in contract to buy a downtown high-rise at Clay and Sansome streets, its press release twice pointed out that the site was close to Jackson Square, which it called a “culturally vibrant” neighborhood.
President Trump had sued Meta and other tech firms in 2021, arguing that he had been wrongfully censored by them. Meta also reported revenue and profit growth for the fourth quarter.
Chinese chatbot could threaten the office leasing recovery in San Francisco fueled in part by artificial intelligence firms.
SAN FRANCISCO (AP) — Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties, sending its shares up in after-hours trading even as it forecast increasing expenses on its artificial intelligence efforts.
SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Dolby Laboratories Inc. (DLB) on Wednesday reported fiscal first-quarter earnings of $67.8 million. On a per-share basis, the San Francisco-based company said it had profit of 70 cents. Earnings, adjusted for stock option expense and amortization costs, came to $1.14 per share.
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.