Tesla Reports Fourth Straight Quarter Of Profits In Blockbuster YearBay Area-based Tesla Inc. and CEO Elon Musk continued their winning streak Wednesday, reporting second-quarter net income of $104 million to mark the first time the company has reported four consecutive profitable quarters.
Lyft Posts Strong Growth, Big Losses In First Public QuarterLyft is reporting strong revenue growth but substantial losses in its first quarterly earnings report since its rocky stock market debut.
Goldman Sachs Says More Trouble Ahead For TeslaElon Musk famously tried to take Tesla private at $420 a share. Goldman Sachs thinks the pioneering electric car company is worth half that.
Read Elon Musk's Email To Tesla Employees Tesla posted an email to employees from CEO Elon Musk on Tuesday afternoon. About three hours earlier, Musk started a firestorm when he tweeted that he had secured funding to take the company private.
Not All Locals Thrilled With Apple's Trillion Dollar MilestoneFor much of Apple's history, it has been a darling of Cupertino. But after hitting its trillion-dollar valuation milestone Thursday, the company's size and impact on the region is also a cause for concern.
Twitter Stock Tumbles 15% After It Purged Fake Accounts The number of people using Twitter fell during the three months ending in June as it worked to clean up the platform and comply with new privacy regulations.
Mark Zuckerberg Just Lost Nearly $16 Billion In One DayMark Zuckerberg lost $15.7 billion overnight. The Facebook CEO was worth a mere $66.8 billion on Thursday afternoon according to Forbes.
Tesla Stock Tumbles After Company Asks Suppliers For RefundsShares of Tesla tumbled Monday on reports that the company asked suppliers for refunds to help it turn a profit.
Lyft Now Worth Twice Of What It Was Last YearLyft is now worth $15.1 billion -- twice what it was worth just last year.
Zuckerberg Disavows Controversial Facebook MemoMark Zuckerberg has disavowed an internal memo written by a top Facebook executive in 2016 that argued growth should be prioritized even if users were harmed.
Wells Fargo CEO Forfeits $41 Million In Stock Awards Over Fake Accounts ScandalWells Fargo says CEO John Stumpf and the executive who ran the bank's retail banking division will forfeit tens of millions of dollars in pay as the bank tries to stem a scandal over its sales practices.
Twitter Surges After Report That It May Be Close To SaleTwitter's stock surged Friday following a report that the social media company, forever struggling in Facebook's shadow, is close to a sale.
LendingClub Shares Plunge As Feds Open Probe Over Funding ConcernsShares of LendingClub are plunging after the U.S. Dept. of Justice opened an investigation and the company raised fresh concerns about funding.
Alphabet Comes Before Apple As World's Most Valuable CompanyAlphabet now comes before Apple atop the list of the world's most valuable companies.
Twitter CEO Gives Up $200M In Stock For Company EmployeesTwitter CEO Jack Dorsey is relinquishing stock worth more than $200 million so the messaging service can award the shares to its employees.