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.

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.

SoFi shares finished trading Monday at $16.08, down $1.84 or more than 10%, after trading as low as $15.55 earlier in the day. Monday’s pullback occurred after SoFi shares last week hit their highest level since 2021, MarketWatch reported.

SAN FRANCISCO – Fears of upheaval in the artificial intelligence gold rush rocked Wall Street on Monday following the emergence of a popular ChatGPT-like model from China, with US President ...

Fears of upheaval in the AI gold rush rocked Wall Street yesterday following the emergence of a popular ChatGPT-like model from China,

A Chinese company’s claim of a $5.6 million artificial intelligence breakthrough wiped almost $600 billion from Nvidia’s market value on Monday, shattering Wall Street’s confidence that tech companies’ AI spending spree will continue and dealing an apparent blow to US tech leadership.

That's what ChatGPT maker OpenAI is suggesting, along with U.S. President Donald Trump's top AI adviser. Neither has disclosed specific evidence of intellectual property theft, but the comments could fuel a reexamination of some of the assumptions that led to a panic in the U.S. over DeepSeek's advancements.

With morale at a low point, biotech and pharma CEOs are cautiously optimistic about the incoming Trump administration.

Here's what's new in Bay Area biz news to start your workweek: tech stocks on wild ride, empty S.F. office buildings, copper wire theft, biotech IPO, fundraising and a big beer bar up for sale in San Francisco.

Bloomingdale's to close San Francisco Centre anchor store. Bloomingdale's is closing its San Francisco Centre anchor s