Meta Platforms (META) +8.8% — A Bloomberg report on Facebook's parent pivoting its cloud strategy sparked the stock's best single-day gain since January, providing a rare bright spot on an otherwise soggy pre-holiday Wednesday.
IPO pipeline pops open — Bending Spoons, the Italy-based owner of AOL, Eventbrite, and Vimeo, priced a $1.7 billion IPO at $29 a share Wednesday and promptly surged 41% to a $25.5 billion market cap. Meanwhile, Bloomberg reported fintech...
