Investing.com — Stocks rebounded from morning losses and traded up despite better-than-expected reports of November job openings.
- coinbase global Ltd. (NASDAQ:) After the cryptocurrency exchange settled with New York financial regulators over its anti-money laundering program, paying $50 million in fines and pledging to spend $50 million to bolster compliance efforts. , the stock rose 13.7%.
- sales force inc. (NYSE:) Shares rose 3.6% after the enterprise software company announced it would cut 10% of its workforce, or about 7,000 jobs, and shrink its office space. The effort will cost him $1.45 billion to $2 billion.
Meta Platforms Inc. (NASDAQ:) Shares rose 2.7% after Irish privacy regulators fined the social media company about $400 million for violating European Union rules on privacy for its advertising and data processing . This issue ends two investigations.
microsoft (NASDAQ:) Shares soar 4.4% after UBS analysts cut ratings from buy to neutral after UBS analysts cited growth challenges for its cloud business called Azure and office software business Office 365 fell.
general electric company (NYSE:) Shares rose 4.2% on the first day the company’s healthcare business, GE HealthCare, began trading as its own on the Nasdaq. GE HealthCare shares rose 5.3% for him.