Microsoft Moves Past Exxon, Now World's 2nd Most Valuable Co. Behind Apple
The bull run in Microsoft's stock this past year has helped the tech giant surpass Exxon Mobil and seize the rank of the second most valuable company, behind Apple Inc.
The bull run in Microsoft's stock this past year has helped the tech giant surpass Exxon Mobil and seize the rank of the second most valuable company, behind Apple Inc.
The shares opened at $27 -- $4 higher than the price that the airline set—and then jumped as high as $29.74 within about an hour of the opening bell on the Nasdaq stock market.
U.S. stocks tumbled across indexes Wednesday as fears of a global economic slowdown intensified, with the Dow Jones industrial average in its fourth day of consecutive losses - plunging more than 400 points.
Alibaba's stock is surging as the Chinese e-commerce powerhouse's begins its first day trading as a public company.
Investors sent shares of San Mateo-based GoPro Inc. (GPRO) up more than 30 percent in their stock market debut Thursday, following an initial public offering that valued the sports camera maker at about $3 billion.
The maker of wearable sports cameras, loved by mountain climbers, divers, surfers and other extreme sports fans, is expected to sell its shares publicly for the first time and begin trading on the Nasdaq stock market Thursday.
A mysterious glitch halted trading on the Nasdaq for three hours Thursday in the latest major electronic breakdown on Wall Street, embarrassing the stock exchange that hosts the biggest names in technology, including Apple and Google.
Tesla will be joining the Nasdaq-100 Index on Monday as software maker Oracle Corp. heads to the New York Stock Exchange.
Nasdaq has agreed to pay a $10 million penalty to settle federal civil charges after regulators said its systems and decisions disrupted Facebook's public stock offering last year.
Apple needs to come down off its perch and start making nice with Wall Street, analysts said Thursday as investors hammered the company's stock. The sell-off put Apple a hair's-breadth away from losing its status as the world's most valuable company.
Facebook's beleaguered stock got an afternoon boost after hitting its lowest level ever earlier in the day.
Facebook's stock fell to $19 for the first time on Friday, meaning it has lost half its market value since the company's initial public offering in May.
The stock increased $1.40, or 4.7 percent, to close Monday at $31.41. That's still down 17 percent from Facebook's IPO price of $38. Facebook began trading on May 18.
The Nasdaq stock exchange tried to make amends with investors ensnared by technical problems on the day Facebook went public.
Morgan Stanley, the lead investment bank in Facebook's troubled initial public offering, will compensate investors who overpaid when they bought Facebook's stock in Friday's IPO, according to a source familiar with the matter.
Facebook is in talks with the New York Stock Exchange to move its stock from the Nasdaq Stock Market after a botched initial public offering on Friday, according to a person familiar with the matter.
After the social network's stock fizzled on Friday in its long-awaited debut, its stock fell 11 percent on Monday, even as the rest of the stock market rallied.
Facebook stock rose more than 10 percent in the world's biggest online social network's debut as a publicly-traded company before retreating back to break-even levels.
He famously wears a hoodie, jeans and sneakers, and he was born the year Apple introduced the Macintosh. But Mark Zuckerberg is no boy-CEO.
Menlo Park-based Facebook is planning to list its shares with Nasdaq, according to media reports.
Zynga said in a filing Thursday with Securities and Exchange Commission that it expects to list its shares on the exchange under the ticker symbol "ZNGA."
Charles Schwab is recuperating after undergoing successful heart valve replacement surgery on Friday.
A gloomy outlook from Cisco Systems Inc. is shaking some investors' faith in the strength of the technology industry's recovery.
Shares of Complete Genomics slid below their offering price in their first day of trading on the Nasdaq Global Market.
Cal Fire said Wednesday morning that the Toll Fire, burning north of Calistoga off of Old Lawley Toll Road, was 20% contained.
An Italian appeals court reduced the sentences of Lee Elder Finnegan and Gabriele Natale-Hjorth, but upheld their 2019 convictions.
Day two of a dangerous heat wave will see more widespread triple-digit temperatures Wednesday and possibly multiple records being broken.
Brominated vegetable oil will no longer be allowed in food and beverages in the U.S., 50 years after chemical banned in U.K.
Lawrence Butler and Brent Rooker hit home runs, Mitch Spence gave up one hit over 5 1/3 innings, and the Oakland Athletics beat the Los Angeles Angels 7-5.
Cal Fire said Wednesday morning that the Toll Fire, burning north of Calistoga off of Old Lawley Toll Road, was 20% contained.
An Italian appeals court reduced the sentences of Lee Elder Finnegan and Gabriele Natale-Hjorth, but upheld their 2019 convictions.
Day two of a dangerous heat wave will see more widespread triple-digit temperatures Wednesday and possibly multiple records being broken.
Brominated vegetable oil will no longer be allowed in food and beverages in the U.S., 50 years after chemical banned in U.K.
Lawrence Butler and Brent Rooker hit home runs, Mitch Spence gave up one hit over 5 1/3 innings, and the Oakland Athletics beat the Los Angeles Angels 7-5.
Free agent forward Kyle Anderson and the Golden State Warriors are working to complete a $27 million, three-year contract.
Jorge Soler and LaMonte Wade Jr. hit back-to-back homers to help the San Francisco Giants beat the Atlanta Braves 5-3.
Two San Francisco Police officers were injured Tuesday evening when their motorcycles collided head-on with another vehicle, the department said.
A suspect was arrested Monday night when an elderly woman suffered critical injuries after he pushed her into an oncoming BART train in San Francisco, the transit agency said.
SF District Attorney Brooke Jenkins on Tuesday announced the 78-year-old driver in the deadly West Portal crash that killed an entire family will face four charges of felony vehicular manslaughter.
Thousands in the East Bay are without power on Tuesday, according to PG&E.
The Oakland City Council voted to approve a budget Tuesday that, while avoiding layoffs, also didn't solve the city's on-going fiscal morass.
An Oakland entrepreneur is taking his small business to new heights and capitalizing on the increasing popularity of drone light shows as an alternative to fireworks displays.
When Gov. Gavin Newsom announced earlier this year that the California Highway Patrol would install almost 300 new license plate readers in Oakland, it was the end of a roundabout process to fund, approve and implement the cameras.
One man was killed and another person was injured in a shooting in East Oakland on Monday afternoon, police said.
Outside Levi's Stadium, the spirit of Copa America was alive and well.
The heat is on in the South Bay with temperatures expected to exceed 100 degrees, and people are finding creative ways to beat the heat.
The oldest continental soccer tournament, Copa America, has brought waves of excitement to the Bay Area.
The California Highway Patrol and Cal Fire responded to the scene of a propane truck fire on southbound U.S. Highway 101 Monday afternoon near Morgan Hill that closed lanes of the freeway for hours, according to authorities.
Police in San Jose on Monday confirmed four additional arrests in connection with violent sideshow activity near Santana Row last month that injured two people including a responding officer, according to authorities.
Cal Fire said Wednesday morning that the Toll Fire, burning north of Calistoga off of Old Lawley Toll Road, was 20% contained.
Cal Fire crews responded to a wind-driven fire in Napa County on Tuesday that was near the community of Calistoga.
A red flag warning in Marin County has residents in the region on high alert.
A motorist died following a two-vehicle collision early Thursday morning near Petaluma, according to the California Highway Patrol.
Authorities in Ukiah are holding a man on $1 million bail who had failed to register as a sex offender and allegedly tried to attack a woman, police said Wednesday.
Lawrence Butler and Brent Rooker hit home runs, Mitch Spence gave up one hit over 5 1/3 innings, and the Oakland Athletics beat the Los Angeles Angels 7-5.
Outside Levi's Stadium, the spirit of Copa America was alive and well.
Free agent forward Kyle Anderson and the Golden State Warriors are working to complete a $27 million, three-year contract.
Jorge Soler and LaMonte Wade Jr. hit back-to-back homers to help the San Francisco Giants beat the Atlanta Braves 5-3.
The oldest continental soccer tournament, Copa America, has brought waves of excitement to the Bay Area.
An Italian appeals court reduced the sentences of Lee Elder Finnegan and Gabriele Natale-Hjorth, but upheld their 2019 convictions.
A suspect was arrested Monday night when an elderly woman suffered critical injuries after he pushed her into an oncoming BART train in San Francisco, the transit agency said.
SF District Attorney Brooke Jenkins on Tuesday announced the 78-year-old driver in the deadly West Portal crash that killed an entire family will face four charges of felony vehicular manslaughter.
When Gov. Gavin Newsom announced earlier this year that the California Highway Patrol would install almost 300 new license plate readers in Oakland, it was the end of a roundabout process to fund, approve and implement the cameras.
One man was killed and another person was injured in a shooting in East Oakland on Monday afternoon, police said.
An Oakland entrepreneur is taking his small business to new heights and capitalizing on the increasing popularity of drone light shows as an alternative to fireworks displays.
Some critics believe the rapid rise of artificial intelligence is going to pose a major energy problem for the future.
National data shows the number of hospice patients in the U.S. is growing so fast that there aren't enough chaplains to provide patients with the spiritual care they're looking for at the end of their lives.
Robotaxi service Waymo on Tuesday announced its autonomous vehicles would be available for rides to anyone in San Francisco who downloads the company's app.
General Motors on Tuesday named a veteran technology executive with roots in the video game industry to steer its troubled robotaxi service Cruise as it tries to recover from a gruesome collision that triggered the suspension of its California license.
Brominated vegetable oil will no longer be allowed in food and beverages in the U.S., 50 years after chemical banned in U.K.
FDA approval of the new Alzheimer's treatment, which will be branded as Kisunla, follows years of setbacks.
Measure would protect an estimated 36 million and represent first major federal safety standard of its kind.
The CDC says it is too early to say if this year's summer COVID-19 surge has arrived.
With an mpox (aka monkeypox) outbreak ongoing in Africa, global health experts are warning people at higher risk of contracting the virus to take precautions.
The Oakland City Council voted to approve a budget Tuesday that, while avoiding layoffs, also didn't solve the city's on-going fiscal morass.
Justice Juan Merchan set a new sentencing date of Sept. 18, "if such is still necessary."
The first Democratic lawmakers called on Biden to drop out of the race after his rocky debate performance last week.
President Biden plans to meet with Democratic governors in person and virtually to shore up support, CBS News has learned.
A New York court said in a decision that Rudy Giuliani is disbarred effective immediately.
Public health officials came armed with a serious message for Pride Month: Get vaccinated against mpox.
Thousands of people gathered on Sunday in downtown San Francisco to celebrate the annual Pride Parade supporting the LGBTQ community.
The colorful festivities of the 2024 San Francisco Pride Parade were featured as part of the CBS SF special "Hope Love Pride -- A Celebration" being streamed and broadcast Sunday morning.
San Francisco's Civic Center Plaza became a colorful, upbeat festival hub Saturday on the final weekend of Pride Month in the city
Amid calls to bow out, a defiant President Biden is digging in, holding campaign events and fundraisers this weekend in New York and New Jersey. Taurean Small reports.
July 4th festivities will be held across the Bay Area this week through the actual holiday on Thursday with parades, festivals and fireworks shows.
One of the most entertaining two-day celebrations of punk in the Bay Area returns to Oakland this weekend when the Mosswood Meltdown gathers an array of local and national punk acts including new wave greats the B-52's, local legends the Mummies, LA pop-punk heroes Redd Kross and much more.
Los Angeles-based all-female Sabbath cover act Black Sabbitch brings their uncanny recreation of the British heavy metal pioneers to the Rickshaw Stop in San Francisco this Saturday.
The colorful festivities of the 2024 San Francisco Pride Parade were featured as part of the CBS SF special "Hope Love Pride -- A Celebration" being streamed and broadcast Sunday morning.
A band whose literally incendiary live show has earned them a reputation as a can't miss act, masked instrumental surf outfit Daikaiju returns to the Bay Area Thursday for an afternoon Fourth of July show at the Ivy Room.
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.
Wednesday morning news update from KPIX
Andrew Garberson with Recurrent talks on how well electric vehicles work in hot weather and better ways to protect your vehicle this Summer. (07-03-2024) 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
Jessica Burch shows which areas could see temperature records broken during this extended heat wave. 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
Kelsi Thorud reports on the power outage in the East Bay. 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 Copa America at Levi's Stadium. 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
More than three million people in the US live with epilepsy, according to the CDC. One Santa Rosa filmmaker is working to make sure they are seen and heard.
A San Pablo no-kill shelter that's considered a last resort for animals is scrambling to find an affordable new home quickly.
A San Francisco man has helped his nonprofit take fundraising to the next level so that more underserved children can build life skills while playing sports.
Being in the foster care system can be tough for children, and it often doesn't become easier once they age out. But there are people trying to help them succeed.
A Mill Valley man known for his public art projects that bring his neighbors together is being honored for providing gifts to his community.
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.
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.