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Google, Walmart join U.S. effort to speed up coronavirus testing

  • Google, Walmart join U.S. effort to speed up coronavirus testing
    Shares of Google parent Alphabet Inc (GOOGL.O), Walmart Inc (WMT.N), Target Corp (TGT.N) and drugstore owner CVS Health Corp (CVS.N) all closed up more than 9%, in line with the broad stock market, though Alphabet dropped 2% after hours. Google, Walmart join U.S. effort to speed up coronavirus testing

Corporate America joined the fight against the spread of coronavirus on Friday, as President Donald Trump and executives announced that Google would offer a website to help people determine whether they needed tests and retailers would set up drive-through testing in parking lots.

Shares of Google parent Alphabet Inc (GOOGL.O), Walmart Inc (WMT.N), Target Corp (TGT.N) and drugstore owner CVS Health Corp (CVS.N) all closed up more than 9%, in line with the broad stock market, though Alphabet dropped 2% after hours.

Pressure has been rising on U.S. officials to increase and improve testing for the fast-spreading virus, which has reached almost every U.S. state and infected more than 1,660 people in the country.

“I want to thank Google. Google is helping to develop a website, it’s gonna be very quickly done, unlike websites of the past, to determine whether a test is warranted and to facilitate testing at a nearby convenient location,” Trump said.

“Google has 1,700 engineers working on this right now, made tremendous progress.”

An administration presentation showed a potential user would be asked several questions on the website and then given a recommendation as to whether they should get a coronavirus test.