Nasdaq FB FaceBook

What happened Shares of Facebook (NASDAQ: FB) were cruising higher today, riding the coattails of rival Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), whose stock jumped nearly 10% on a better-than-expected earnings report. Since both Facebook and Alphabet's Google dominate the ma

U.S. stocks jumped to seven-week highs on Wednesday as Gilead Sciences gave an encouraging update on a potential COVID-19 treatment and upbeat earnings from Google-parent Alphabet boosted shares of other technology and internet giants.

Wall Street jumped on Wednesday as Gilead Sciences gave an encouraging update on a potential COVID-19 treatment and upbeat earnings from Google-parent Alphabet boosted shares of other technology and internet giants.

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Wall Street looked set to jump at open on Wednesday after Gilead Sciences reported an encouraging update on a potential COVID-19 treatment, while upbeat earnings reports from Google-parent Alphabet and Boeing boosted the mood.

U.S. stock index futures rose on Wednesday, bolstered by solid earnings reports from Google-parent Alphabet and Boeing that provided some optimism as the country moved cautiously to ease lockdowns, while investors braced for data which could reveal a sharp contraction in the domestic economy.

With Facebook (FB) shares gaining almost 20% in thirty days, investors want to know whether it still makes sense to bet on higher prices.

World shares eked out slim gains on Wednesday, with optimism over economies easing coronavirus lockdowns and rebounding oil prices leavened by a mixed picture on corporate earnings.

Alphabet Inc's Google on Wednesday said any user will soon be able to host free video conferences on Meet, turning its previously business-only tool into a bigger rival to Zoom and others battling for users during the coronavirus outbreak.

World shares eked out slim gains on Wednesday, with optimism over economies easing coronavirus lockdowns and oil prices clawing back ground leavened by caution over corporate earnings.

More Indian investors are turning to U.S. stocks to escape tumbling markets at home and pick up exposure to global technology giants that are rising through the coronavirus-led market turmoil.

Asian shares climbed to a near two-month peak on Wednesday as investors took heart from easing coronavirus lockdowns in some parts of the world, better-than-expected corporate earnings and a welcome rebound in oil prices.

Asian shares rose for a third session on the trot on Wednesday as investors took heart from easing coronavirus lockdowns in some parts of the world while oil prices jumped on hopes demand will pick up.

Asian shares were cautiously higher on Wednesday as investors paused ahead of the U.S. Federal Reserve's policy decision while oil prices jumped on hopes demand will pick up as many countries lift some of the coronavirus-related restrictions.

Zoom Video Communications (NASDAQ: ZM) has been one of the hottest growth stocks of 2020. Usage of Zoom's video conferencing platform spiked as the COVID-19 pandemic forced people to stay at home, and its stock surged over 140%.

NEW YORK/ZURICH/MUMBAI/LONDON (Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.

Two of the most popular Democrats, Senator Elizabeth Warren and Representative Alexandria Ocasio-Cortez, said on Tuesday they would introduce legislation to stop many mergers while the United States struggles economically during the coronavirus pandemic.

YouTube, the video service of Alphabet Inc's Google, said on Tuesday it would start showing text and links from third-party fact checkers to U.S. viewers, part of efforts to curb misinformation on the site during the COVID-19 pandemic.

Advertising firm Omnicom Group Inc said on Tuesday it was cutting jobs and furloughing employees as the coronavirus lockdowns dent ad spending by clients.

NEW YORK/ZURICH/MUMBAI/LONDON (Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.