Major Market Moves: Alphabet Settles, Cevian Invests in UBS, Bluebird Offers Stock

Affirm expands Walmart services, Enphase announces workforce cuts amid restructuring.

Alphabet Inc. agreed to pay $700 million to settle allegations of stifling competition against its Android app store.
Cevian Capital reportedly took a $1.3 billion stake in UBS Group AG.
Bluebird Bio Inc. announced a $150 million stock offering.
Affirm Holdings Inc. expanded its services with Walmart for buy now, pay later options at self-checkout kiosks.
Enphase Energy Inc. announced a restructuring plan that includes cutting 10% of its workforce.