Mark Zuckerberg

In Silicon Valley, the 'Recovery' Has Left Many in the Dust

The Silicon Valley is adding jobs faster than it has in more than a decade. Stocks and fortunes are soaring. But bleaker records are also being set: Food stamp participation just hit a 10-year high and homelessness rose 20 percent in two years. Simply put, while the ultra-rich are getting even richer, record numbers of Silicon Valley residents are slipping into poverty.

Facebook 4Q Results Surpass Expectations, Stock Still Falls

Facebook's fourth-quarter financial results surpassed Wall Street's expectations, but its stock is dipping lower in extended trading. The social networking company earned $64 million, or 3 cents per share, in the October-December period.

What's Facebook's Secret? Company Tells All Today

Facebook's mystery "press event" on Tuesday could reveal a more robust search feature that would intensify the competition between the social networking giant and its rival Google. Facebook is holding the event at 10 a.m. at its Menlo Park, Calif., headquarters.

5 Things to Watch on Wall Street This Week

From eBay stepping up with its latest financials to Facebook showing off its latest clever ideas, there will be plenty of news breaking in the coming days. Here's a rundown of what's likely to shape the week ahead on Wall Street.

Facebook Mobile Gains Spur Revenue Growth

Facebook posted a 32 percent jump in third-quarter revenue to $1.26 billion, as the company reignited advertising growth with the help of larger-than-expected gains in mobile. The company's shares leapt 9 percent to $21.22 in after-hours trading on Tuesday.