Wall St. surges on promising coronavirus drug [Reuters]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: Reuters
U.S. stocks rally on coronavirus drug hopes NEW YORK (Reuters) - Wall Street stock indexes surged on Wednesday as hopes for an effective COVID-19 treatment prompted a broad rally and helped investors look past bleak economic data. Big tech companies returned to the lead, providing the biggest boost to all three major U.S. stock averages and pushing them closer to their all-time highs reached in February. All are well within 20% of their record levels, with the tech-heavy Nasdaq now within 10% of its high. Smaller companies, which stand to benefit more from restrictions being lifted on a state-by-state basis, continue to outperform their larger counterparts, with the Russell 2000 on track for its sixth straight advance. Drugmaker Gilead Sciences Inc ( GILD.O ) announced that its drug remdesivir is showing promise as an effective COVID-19 treatment, giving a boost to the broader market and sending its shares up 6.2%. “There’s an anticipation of a potential return to normalcy, with sta
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GOOG
Earnings
- 10/29/25 - Beat
GOOG
Sec Filings
- 12/3/25 - Form 144
- 12/3/25 - Form 144
- 12/2/25 - Form 4
- GOOG's page on the SEC website