Tesla Motors Joining Nasdaq-100, Replacing Oracle
Tesla will be joining the Nasdaq-100 Index on Monday as software maker Oracle Corp. heads to the New York Stock Exchange.
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Tesla will be joining the Nasdaq-100 Index on Monday as software maker Oracle Corp. heads to the New York Stock Exchange.
Several Bay Area stocks were among those losing ground Thursday. Apple Inc. was down more than $6 on the day, while Google stock was off more than $10 and Chevron slid some 2.5 percent.
Technology companies led the Standard & Poor's 500 index to an all-time closing high Monday. Apple surged 3 percent, or $12.92, to $430.12.
Los Gatos-based Netflix, which streams TV shows and movies over the Internet, was among the winners after announcing profits that impressed investors. Netflix soared $42.62, or 24 percent, to $216.99 after reporting a big gain in subscribers in the first quarter.
Oracle Corp. on Wednesday reported flat earnings for its fiscal third quarter, hurt by a continued drop in sales of hardware systems and a surprise decline in sales of new software - which the company attributed to a lackluster performance by its expanding sales force rather than lack of demand.
Intel Corp., the world's largest chipmaker, on Thursday said its fourth-quarter net income fell 27 percent from the previous year, as PC sales continued to weaken.
In an SEC filing late Tuesday, Facebook said that founder and CEO Mark Zuckerberg "has no intention to conduct any sale transactions... for at least 12 months."
Apple's $1 billion court win against Samsung is translating into a much bigger jump in its market value. Apple shares were up $11.98, or 1.8 percent, at $675.26 in morning trading Monday.
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.
Online game maker Zynga is falling sharply in after-hours trading after the San Francisco company reported an unexpected loss in the second quarter.
More consumers are buying the least expensive iPhones and iPads, a new phenomenon that is causing Apple's breakneck growth rate to slow.
Netflix says its second-quarter earnings plunged 91 percent amid a slowdown in subscriber growth.
Relentlessly gloomy reports about the health of the world economy rocked Wall Street on Thursday, with San Ramon-based Chevron among the Dow's leading decliners.
It's been a month since Facebook's IPO fell flat and in that time, the market for initial public offerings has collapsed.
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.
The stock fell $1.03, or 3.8 percent, to close Tuesday at $25.87. It's 32 percent below its initial public offering price of $38. It's the stock's lowest closing price to date. Earlier Tuesday, it went as low as $25.75.
Shares of Facebook Inc. slid 82 cents to close at $26.90, after briefly trading as low as $26.44. The previous low for the closing price was $27.72, on Friday.
Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst's negative report about the company before the stock started trading.
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.
Now, even as investors take a stake in Facebook, its future remains contingent on a leader who is reluctant to reveal himself.
Already expected to be the largest-ever initial public offering for an Internet company, Facebook is making its IPO even bigger.
A Wall Street analyst on Monday set the highest price target yet for Apple Inc. shares, valuing them at $1,001 each, or about 62 percent more than their current price.
The anticipation of the Facebook initial public offering (IPO) has already has driven up prices in Silicon Valley's real estate market.
Yelp's stock opened to five-star reviews from investors on Friday, soaring 63 percent after pricing above its targeted range on Thursday night.
The woman who began San Francisco's month-long celebration of Asian Pacific heritage in 2005 is still shining her spotlight on the community today.
If approved by voters, "Measure E" would tax single-family homes $192 per year to go towards emergency services, public safety and clean streets. City leaders anticipate that the tax would raise about $34 million per year.
Oakland Mayor Barbara Lee is marking one year in office by touting the city's progress in its homelessness strategy, crime rate, and overall outlook.
The San Francisco Fire Department said crews responded to 22nd and Mission streets for a report of a two-vehicle crash.
Gabby Williams knows all about the Bay Area, despite being a Nevada resident. She would travel from Reno to the Bay every spring and summer to play AAU basketball.
The woman who began San Francisco's month-long celebration of Asian Pacific heritage in 2005 is still shining her spotlight on the community today.
If approved by voters, "Measure E" would tax single-family homes $192 per year to go towards emergency services, public safety and clean streets. City leaders anticipate that the tax would raise about $34 million per year.
Oakland Mayor Barbara Lee is marking one year in office by touting the city's progress in its homelessness strategy, crime rate, and overall outlook.
The San Francisco Fire Department said crews responded to 22nd and Mission streets for a report of a two-vehicle crash.
Gabby Williams knows all about the Bay Area, despite being a Nevada resident. She would travel from Reno to the Bay every spring and summer to play AAU basketball.
The woman who began San Francisco's month-long celebration of Asian Pacific heritage in 2005 is still shining her spotlight on the community today.
The San Francisco Fire Department said crews responded to 22nd and Mission streets for a report of a two-vehicle crash.
Gabby Williams knows all about the Bay Area, despite being a Nevada resident. She would travel from Reno to the Bay every spring and summer to play AAU basketball.
Three people suspecting in a series of pickpocket crimes in San Francisco's Chinatown were arrested over the weekend after a weeks-long investigation, police said Tuesday.
The changes do not require any new equipment, just software changes to the existing gates. BART said the pilot program in Concord and Antioch has been successful, so they will begin making the switch at all the other stations, as well.
If approved by voters, "Measure E" would tax single-family homes $192 per year to go towards emergency services, public safety and clean streets. City leaders anticipate that the tax would raise about $34 million per year.
Oakland Mayor Barbara Lee is marking one year in office by touting the city's progress in its homelessness strategy, crime rate, and overall outlook.
Gabby Williams knows all about the Bay Area, despite being a Nevada resident. She would travel from Reno to the Bay every spring and summer to play AAU basketball.
Police investigating the death of a person found in waters off Richmond over the weekend now believe the person died after crashing into the bay, authorities said.
A man wanted for murder in New Zealand has been convicted in a shooting that injured a man in East Bay city of Oakley, prosecutors said.
A "boil water" notice was lifted for a Mountain View neighborhood on Tuesday, nearly a month after a water main became contaminated following a construction mishap.
A Salinas police officer has been arrested after being accused of possessing child sexual abuse material, authorities said Tuesday.
The death of an 8-year-old girl in San Jose last week has prompted an investigation by police and the Santa Clara County District Attorney's Office.
A former Santa Clara County jail guard has been sentenced to jail for his role aiding a group of inmates in attacking another inmate, prosecutors said.
Firefighters rescued a burglary suspect on California's Central Coast after he became trapped behind a wall for about 12 hours, police said.
A Vallejo man is suspected of killing a woman on May 1 and then shooting a man on Tuesday, before being arrested by officers, police said.
A North Bay man is being held on more than $1 million bail after he was arrested Tuesday in connection with a series of arsons in Sonoma County, authorities said.
Lucas Ye, who is from Mountain View, designed his plushie based on the photographic capture of Apollo 8's view of the Earth. He and his family also traveled to Florida to watch the launch of Artemis II in April.
One person was killed and another person was injured by fallen tree branches in the North Bay over the weekend, as the Bay Area was hit by strong winds.
Authorities in Solano County are searching for a suspect after two people were killed in a shooting in Suisun City on Sunday night.
Gabby Williams knows all about the Bay Area, despite being a Nevada resident. She would travel from Reno to the Bay every spring and summer to play AAU basketball.
The Valkyries assistant coach was a WNBA Champion, All Star, and a Sixth Woman of the Year throughout her career.
Aaron Rodgers says his 22nd season in the NFL will be his last.
The Professional Women's Hockey League (PWHL) announced Tuesday that San Jose has been awarded a team as the growing league expands to 12 teams.
Nolan Arenado hit his seventh career grand slam, Gabriel Moreno added a two-run homer, and the Arizona Diamondbacks defeated the San Francisco Giants 12-2.
A Vallejo man is suspected of killing a woman on May 1 and then shooting a man on Tuesday, before being arrested by officers, police said.
A North Bay man is being held on more than $1 million bail after he was arrested Tuesday in connection with a series of arsons in Sonoma County, authorities said.
A man wanted for murder in New Zealand has been convicted in a shooting that injured a man in East Bay city of Oakley, prosecutors said.
A man convicted in a brutal 2022 attack on a convenience store clerk in Tracy was sentenced to life in prison plus 14 years, prosecutors said Tuesday.
"These subjects did not discriminate in who they hated," said Mark Remily, special agent in charge of the FBI's San Diego Field Office.
Ken Paxton notes that Meta Glasses are able to use cameras, speakers, and other components to capture data, including video and audio recordings and peoples' facial geometry.
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
AI companies are recruiting a wide range of temp workers, from writers to wine enthusiasts, for hourly-paid gigs to help train their language models.
The delegation of business leaders underscores the deep ties many major U.S. companies maintain with China despite years of trade tensions.
Three men from Tennessee have been indicted on federal charges, including attempted kidnapping, in connection with an alleged crime spree targeting cryptocurrency owners in California.
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
The cruise ship hit by a deadly hantavirus outbreak has docked at the Dutch port of Rotterdam for disinfection, wrapping up a troubled journey that put world health authorities on alert.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
California public health officials said on Wednesday that they have identified a fifth resident who may have been exposed to the Andes hantavirus due to the outbreak on the MV Hondius cruise ship.
Health officials in Napa County are warning the public not to eat wild mushrooms after three people were poisoned.
If approved by voters, "Measure E" would tax single-family homes $192 per year to go towards emergency services, public safety and clean streets. City leaders anticipate that the tax would raise about $34 million per year.
Oakland Mayor Barbara Lee is marking one year in office by touting the city's progress in its homelessness strategy, crime rate, and overall outlook.
Former Cuban leader Raúl Castro was indicted by a U.S. grand jury in connection with the Cuban military's fatal downing of two planes in 1996 — an escalation in the U.S. pressure campaign against the Cuban government.
Barney Frank, a Democrat who represented Massachusetts in Congress for 32 years, has died. He was 86 years old.
The $1.776 billion fund, which is part of the agreement to settle Trump's lawsuit against the IRS and Treasury Dept., is to be used to compensate those who claim that the government weaponized the legal system against them.
Jason Collins, the NBA's first openly gay player, who went on to become a pioneer for inclusion and an ambassador for the league, has died, his family announced Tuesday.
Philz Coffee will once again sport the Pride flag at its cafés after a directive to have them and other flags removed created a backlash.
The Trump administration agreed to restore the Stonewall National Monument's Pride flag in Greenwich Village after it was removed.
Philz Coffee's move to remove the Pride flag and all other flags from their stores is brewing up some strong reaction.
Transgender women athletes are now excluded from women's events at the Olympics after the IOC agreed to a new eligibility policy on Thursday.
Bay Area fans of the K-pop superstar group BTS flocked swarmed Stanford University more than 24 hours before the first of three shows on campus.
City officials in Elk Grove were finalizing preparations on Friday for a visit by country superstar Luke Bryan and an expected attendance of over 20,000 of his fans on Saturday.
For San Francisco-based rapper Aft, stoops were a part of his upbringing in the Fillmore District.
The Library of Congress revealed this year's list of 25 recordings to be preserved for future generations on the National Recording Registry.
Authorities in the East Bay have charged two men for allegedly organizing a sideshow in Oakland that broke out as internet sensation IShowSpeed was visiting the area.
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 efforts to protect whales in the San Francisco Bay.
San Francisco first responders held training on how to respond to active shooters.
Claudine Cheng, who began San Francisco's month-long celebration of Asian Pacific heritage in 2005, is still shining her spotlight on the community today. Sharon Chin reports.
Meteorologist Zoe Mintz says the cooldown will continue into the Memorial Day weekend, helped by gusty winds.
Kevin Ko reports on a group participating in Carnaval.
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.