US STOCKS SNAPSHOT-Futures jump after Gilead's COVID-19 drug meets main goal [Reuters]
Gilead Sciences, Inc. (GILD)
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Source: Reuters
Futures jump after Gilead's COVID-19 drug meets main goal (Reuters) - U.S. stock index futures jumped on Wednesday after Gilead Sciences ( GILD.O ) said its experimental antiviral drug met the main goal of a trial testing it in COVID-19 patients. Meanwhile, the U.S. economy contracted in the first quarter at its sharpest pace since the Great Recession, ending the longest expansion in history. Data from the Commerce Department said gross domestic product fell at a 4.8% annualized rate in the January-to-March period, while economists in a Reuters poll were expecting a contraction of 4%. At 08:46 a.m. ET, Dow e-minis 1YMcv1 were up 330 points, or 1.37%. S&P 500 e-minis EScv1 were up 38.5 points, or 1.34% and Nasdaq 100 e-minis NQcv1 were up 123 points, or 1.41%.
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- Cell and Gene Therapy Investment Trends Strategic Intelligence Report 2025-2031: Yescarta from Gilead Sciences and Zolgensma from Novartis Generated $1.5 Billion and $1.2 Billion in 2024 Sales [Yahoo! Finance]Yahoo! Finance
- Gilead Sciences (NASDAQ:GILD) had its price target lowered by analysts at Royal Bank Of Canada from $105.00 to $100.00. They now have a "sector perform" rating on the stock.MarketBeat
- Gilead Sciences (NASDAQ:GILD) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $110.00 to $115.00. They now have a "neutral" rating on the stock.MarketBeat
- Hopping Mad Over Drug Company Product Hopping [Forbes]Forbes
- Gilead Sciences (NASDAQ:GILD) had its "buy" rating reaffirmed by analysts at UBS Group AG.MarketBeat
GILD
Earnings
- 10/30/25 - Beat
GILD
Sec Filings
- 1/16/26 - Form 4
- 1/16/26 - Form 4
- 1/15/26 - Form 144
- GILD's page on the SEC website