San Francisco Financial News

27.03 / 02:57

markets UPS DOW Death Trade show inflation data Dow, S&P fall for third straight session with inflation data eyed

stocks slipped on Tuesday, giving up modest gains late in the session to send the Dow and S&P 500 to their third straight decline, as investors awaited economic data in a holiday-shortened week to gauge the Federal Reserve's policy path. Stocks struggled for upward momentum even as Tesla gained 2.92% after CEO Elon Musk unveiled the electric-vehicle maker's one-month trial of its Full Self-Driving technology to existing and new customers in the United States. The stock is up about 4% for the week but remains down more than 28% for the year.

27.03 / 02:09

markets COST Gemini Tesla show reports Elon Musk's Grok AI will be available for all X Premium users later this week

Elon Musk's X shows support to paediatrician Kulvinder Kaur Gill's against 'Canada govt-supported efforts to cancel her Notably, OpenAI and its flagship offering, ChatGPT, have been in Musk's firing line since the lawsuit, going so far as to call the San Francisco-based startup "closed AI". Recently, Musk's xAI had also decided to join the ranks of Meta and Mistral by open sourcing Grok AI under the Apace 2.0 licence. Musk had launched Grok AI in November last year as an alternative to popular chatbots on the market, including ChatGPT and Gemini (formerly Bard).

26.03 / 21:37

Web3 NFTS Paradigm Paradigm, a16z Backed Blockchain Game LootRush Announces New Gaming Subscription

LootRush, a blockchain start-up backed by venture capital firms Paradigm and Andreessen Horowitz (a16z) is announcing a new gaming subscription which allows its users to access non-fungible tokens (NFTs) from over 500 games on its platform from today.

26.03 / 17:01

Fighting film War outbreak stars travelers Relationships The Dead Don't Hurt: Release date, trailer, star cast and more

American Civil War, 'The Dead Don't Hurt' narrates the story of star-crossed lovers on the western U.S. frontier in the 1860s. It revolves around Vivienne Le Coudy (Krieps), who embarks on a relationship with Danish immigrant Holger Olsen. After meeting Olsen in San Francisco, she travels with him to his home near Elk Flats, Nevada, where they start a life together. The outbreak of the Civil War separates them and Olsen decides to fight for the Union.

26.03 / 05:37

UPS Target President Chubb information reports China's Xi Jinping to meet with American executives on Wednesday, sources say

BEIJING (Reuters) — China's President Xi Jinping will meet with American business leaders in Beijing on Wednesday, according to three sources with knowledge of the matter, in a follow up to his November dinner with U.S. investors in San Francisco.

26.03 / 01:35

markets Platform Parke Research community Schools rights park Silicon Valley’s South Park Commons to launch India outpost with Binny Bansal

Silicon Valley’s biggest tech companies. While Sanghvi is known for being the first woman engineer at Facebook, Agarwal was chief technology officer at file-sharing company Dropbox till 2018. Sanghvi went on to launch South Park Commons (SPC), named after a San Francisco neighbourhood, in 2016 as a collective of engineers, founders and researchers. Since then, SPC has grown from being a learning group to a platform that has raised two funds to back entrepreneurs with very early stage ideas. Having expanded to New York, SPC is now eyeing India even as it is in the process of launching its third fund. Sanghvi and Agarwal spoke to Samidha Sharma and detailed their plans for India with Flipkart cofounder Binny Bansal. Edited excerpts:

25.03 / 09:15

UPS Platform Election Instagram country social recommendations One Tech Tip: How to get around Instagram's new limits on political content

Instagram has started an automatic clamp down on the amount of political content appearing in its users’ feeds, but there is a relatively quick and easy way to turn off the controls if you don’t want to keep the limitations place

24.03 / 17:25

markets ETF DOW trends reports travelers 1 Stock to Buy, 1 Stock to Sell This Week: Carnival, Walgreens Boots Alliance

Wall Street’s three major indexes closed mixed on Friday to notch their best week of 2024 after the Federal Reserve stuck with projections for three interest rate cuts by year's end and amid continued optimism over artificial intelligence.

24.03 / 04:45

Citi Waters WhatsApp Tapestry Celebrity dance gatherings Holi 2024, Holika Dahan date, significance: Full list of locations to celebrate festival of colours in USA

Holi 2024 is here and so as Holika Dahan. This year, Holi festival is on Monday, March 25. Holi and Holika Dahan are celebrated across the US. Holika Dahan is on March 24. Holi, a festival deeply rooted in tradition and symbolism, unfurls its colorful tapestry across two spirited days. Commencing with the sacred ritual of Holika Dahan, flames dance in the night sky as bonfires illuminate the darkness, signifying the triumph of good over evil, of Prahlad's resilience over Holika's malevolence.

23.03 / 21:39

Aviat Action Airlines Assurant Boeing reports prevention US FAA weighs curbing new routes for United after safety incidents, Bloomberg reports

(Reuters) -The U.S. Federal Aviation Administration is considering measures to curb growth at United Airlines, including preventing the carrier from adding new routes, following a series of safety incidents, Bloomberg News reported on Saturday.

23.03 / 00:59

Reuters Aviat Boeing President rights Investigations US to boost scrutiny of United Airlines after safety incidents

By David Shepardson and Rajesh Kumar Singh

22.03 / 16:37

markets Digital Platform Apple President social reports What is Truth Social, Donald Trump's social media platform?

Former President Donald Trump launched his social media platform, Truth Social, in early 2022, after he was banned from major sites such as Facebook and the former Twitter following the Jan. 6 insurrection

22.03 / 07:15

markets UPS IPO Platform Reddit community social Reddit soars after NYSE debut: Here are top things to know

social media company Reddit was up nearly 50% on the New York Stock Exchange Thursday in a stellar market debut that has given hope to the companies gearing up to go public. Shares of the San Francisco-based company debuted at $47 on the New York Stock Exchange on Thursday, up from the IPO pricing of $34, the top of the company's indicated price range. The stock closed at $50.44.

22.03 / 01:49

Platform Action Instagram show cover social Courts Meta Platforms must face advertisers' class action, US appeals court says

By Jonathan Stempel

21.03 / 22:25

markets UPS IPO Platform Reddit Trade social Reddit shares end trading up 48% in market debut

By Niket Nishant and Echo Wang

21.03 / 19:55

markets UPS IPO CEO Reddit Trade recommendations Reddit IPO: Stock soars after making public market debut

Reddit soared in its Wall Street debut as investors pushed the valued of the company close to US$9 billion seconds after it began trading on the New York Stock Exchange.

21.03 / 19:27

markets security Food Research medicines Colleges Pharmaceuticals Dog Longevity Startup Loyal Secures $45 Million in Funding

Biotech startup Loyal has raised $45 million in equity to help bring its first longevity drug for dogs to market. Bain Capital Ventures led the Series B financing, with participation by new backer Valor Equity Partners, as well as returning investors Khosla Ventures, First Round Capital and others. Bain Partner Kevin Zhang has joined Loyal’s board.

21.03 / 17:16

markets COST Target Action Celebrity Courts Hermes lawsuit claims luxury retailer reserves its famed Birkin bags only for its biggest spenders

Hermes is being targeted in a new lawsuit accusing the luxury retailer of selling its coveted Birkin handbags only to customers who have spent exorbitant amounts of money at the store on other goods

21.03 / 06:17

markets UPS IPO Platform Reddit community social Reddit, the self-anointed the 'front page of the internet,' set to make its stock market debut

Reddit and its eclectic bazaar of online communities is ready to plumb high-stakes territory — the stock market. The company said Wednesday that it had priced its IPO at $34 a share. Shares will begin trading today on the New York Stock Exchange under the ticker symbol «RDDT» in a market debut likely to spur a flurry of commentary on Reddit's own platform, as well as competing social media outlets.

21.03 / 00:41

markets IPO Platform Reddit wellness Trade social Reddit poised to make its stock market debut after IPO prices at $34 per share amid strong demand

Reddit will enter a new era as a publicly traded company with a market value of $6.4 billion

21.03 / 00:41

COST Food country reports travelers rights Investigations Highlights from the AP's reporting on the shrimp industry in India

India is the top supplier of shrimp to the U.S., with Indian shrimp stocked in freezers at most of the nation’s biggest grocery store and restaurant chains

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