© Reuters Liz Moyer
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.
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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.
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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.
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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.
