Companies make headlines after hours.
The parent company of the search engine dropped after it missed third-quarter earnings expectations. Revenue of $69.09 billion was earned by the company. According to analysts surveyed by Refinitiv, earnings per share were expected to be $1.25.
Despite beating earnings and revenue forecasts, Microsoft's shares fell after the company reported weaker-than- expected cloud revenue.
Texas Instruments missed the average analyst estimate for revenue and earnings in the fourth quarter. Texas Instruments posted Q3 revenue of $5.24 billion, which was greater than the $5.14 billion forecast.
In the most recent quarter, the company topped earnings expectations, but also missed revenue forecasts. Menu prices were raised in August.
After posting a beat on the top and bottom lines in its earnings report, Enphase Energy's shares rose 4.7%.
The streaming stock dropped after the company reported a loss. The analysts expected a loss of 84 cents per share.