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Wall Street says buy stocks that pay dividends with $6 trillion of cash ready to be deployed

"We see more opportunities within equities for investors searching for yield," Bank of America's Sa…

Matthew Fox   


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Alexandria Ocasio-Cortez says it's 'absolutely wild' that senators can trade stocks after Rand Paul discloses controversial Gilead purchase

The politician said members of Congress should not be able to trade stocks after Rand Paul disclose…

Harry Robertson   


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Gilead rises after pricing its coronavirus-fighting drug remdesivir

"We believe that pricing remdesivir well below value is the right and responsible thing to do," sai…

Carmen Reinicke   


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Immunomedics soars 106% after Gilead agrees to acquire the cancer-drug company for $21 billion

Gilead expects the deal to immediately bolster its revenue growth, and to be neutral to accretive t…

Matthew Fox   


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Gilead slides 4% after COVID-19 drug shows limited benefit in moderately ill patients

Patients who received remdesivir for five days were 65% more likely to show signs of recovery than …

Saloni Sardana   


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Mega-cap tech stocks have gotten so big that the Nasdaq 100 is about to undergo a 'special rebalance' to address overconcentration

There are seven potential winners of the Nasdaq 100 shake up, including Starbucks, Gilead Sciences,…

Matthew Fox   


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Gilead surges 17% on report that drug shows effectiveness against COVID-19

In a Chicago hospital, all patients with Covid-19 treated with Gilead's Remdesivir were discharged …

Carmen Reinicke   


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Batches of the COVID-19 treatment drug Remdesivir were recalled after glass particles were found in some vials

Biopharmaceutical company Gilead Sciences announced that two lots of Remdesivir are being recalled …

Cheryl Teh   


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Regeneron widens its lead as the S&P 500's top performer after saying key COVID-19 drug may be available in the fall

Regeneron's antibody cocktail COVID-19 treatment is set to begin clinical trials over the summer, w…

Carmen Reinicke   


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Gilead tanks 9% on report its coronavirus drug doesn't help patients

The report contained "inappropriate characterizations," Gilead said, adding that low enrollment led…

Ben Winck   


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Dow surges 500 points on optimism around US economic reopening plan

Positive results reported from Gilead's coronavirus treatment trials offered new optimism around an…

Ben Winck   


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2 biotech stocks plummet more than 25% after the FDA rejects their drug applications

Filgotinib is expected to deliver billions in sales for Gilead, so the delay is a disappointment to…

Matthew Fox   


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Saloni Sardana   


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Pharmaceutical giants have added $51 billion to their market value in 2020 as they scramble to develop a coronavirus vaccine

Gilead Sciences was the frontrunner among 6 pharma companies helped by its trials of the antiviral …

Shalini Nagarajan   


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Gilead Sciences spikes after human trials start on a possible coronavirus treatment

China's coronavirus has so far killed more than 360 and infected more than 17,000 people around the…

Carmen Reinicke   


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Global stocks are surging after pharmaceutical giant Gilead said it's making progress on a drug to treat coronavirus

"I agree that most of the countries are about to see their coronavirus peak, but massive damage has…

Saloni Sardana   


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FDA warns against co-administration of remdesivir with CQ or HCQ for COVID-19 patients

Following an evaluation of the emergency use authorization criteria and scientific evidence a…

PTI   


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Cipla signs licensing agreement with Gilead to manufacture and sell antiviral drug remdesivir

Leading pharmaceutical company Cipla on Wednesday announced it has signed a non-exclusive licensing…

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The federal government finally announced initial plans to distribute Gilead's coronavirus drug remdesivir after days of confusion

The government said it's distributing the promising coronavirus drug, remdesivir, to some hard-hit …

Anna Medaris Miller   


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Gilead sold $873 million worth of its antiviral COVID-19 treatment even though data on its success remains mixed

Gilead posted its first numbers detailing how much money the pharmaceutical company has made throug…

Allana Akhtar