The logo of Alphabet Inc's Google outside the company's office in Beijing, China, August 8, 2018.The logo of Alphabet Inc’s Google outside the company’s office in Beijing, China, August 8, 2018.

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.