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.

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

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.

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.

Among the storied San Francisco food institutions that have stood the test of time — household names like Boudin, It’s-It and Ghirardelli — a quiet coffee pioneer has flown under the radar for 90 years.

Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.

Metropolis Investment Holdings can burn the mortgage for the office floors at a 48-story tower in San Francisco after paying off a $150 million loan.

Departure says more about Centre mall than the city’s retail health, as small boutique stores look to make a comeback.

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.

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