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.
The parent company that purchased the supermarkets also owns familiar brands Guinness World Records and Ripley Entertainment.
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.
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.
Robert F. Kennedy Jr. survived heroin addiction and says that if confirmed as head of the Department of Health and Human Services, he'll build treatment "farms" to help people recover.
In this piece, we will look at the stocks Jim Cramer discussed before the DeepSeek sell-off.
San Francisco officials have a new idea that shares something in common with Nashville and Austin, Texas — two cities that use their rich music history to bolster the economy.
Chinese chatbot could threaten the office leasing recovery in San Francisco fueled in part by artificial intelligence firms.
Grew Originations +13%, Revenue +17%, and Total Assets +20% in Fourth Quarter Compared to Prior Year Executed $400 Million Loan Sale out of the Held-for-Sale Portfolio
Santa Clara based chipmaker Nvidia bounced back this morning after having its worst day on Wall Street in nearly five years. Nvidia shares are up nearly 3% following Monday's 17% plunge that resulted in a loss of almost $590 billion of its market value,
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.