Enphase stock jumps nearly 39% — here’s what traders are watching after ENPH outlook and upgrades

Enphase stock jumps nearly 39% — here’s what traders are watching after ENPH outlook and upgrades

Enphase Energy shares soared 38.6% to $51.67 in after-hours trading Tuesday after the company projected first-quarter revenue of $270 million to $300 million. RBC and BMO raised their ratings, citing improved demand visibility. Fourth-quarter revenue reached $343.3 million, with U.S. demand up 21% but European revenue down 29%. CEO Badri Kothandaraman said bookings are about 90% filled at the midpoint of guidance.
Merck stock rises after-hours as cautious 2026 forecast meets new cholesterol pill headlines

Merck stock rises after-hours as cautious 2026 forecast meets new cholesterol pill headlines

Merck shares rose 2.2% to $118.33 in after-hours trading Wednesday after new data showed its experimental cholesterol drug enlicitide cut LDL by up to 60% in a major trial. The company’s 2026 revenue forecast of $65.5–$67.0 billion missed Wall Street estimates, citing pressure from off-patent drugs and U.S. pricing. Keytruda sales reached $8.37 billion last quarter, while Gardasil revenue fell 34%.
Booking (BKNG) stock slips after-hours as AI worries hit analyst notes ahead of Feb. 18 results

Booking (BKNG) stock slips after-hours as AI worries hit analyst notes ahead of Feb. 18 results

Booking Holdings shares fell 0.8% to $4,607.13 in after-hours trading Wednesday after Citizens Bank downgraded the stock, citing AI risks and a lack of near-term growth drivers. The stock has dropped 9.3% since Tuesday amid heavy volume and sector-wide declines. Booking will report fourth-quarter and full-year earnings on Feb. 18. KeyBanc maintained an overweight rating but trimmed its price target.
Coinbase stock slides after Nevada lawsuit over sports event contracts; earnings ahead

Coinbase stock slides after Nevada lawsuit over sports event contracts; earnings ahead

Coinbase shares fell 6.2% to $168.62 in after-hours trading Wednesday after Nevada’s gaming regulator filed a civil enforcement action to block the company’s sports-linked event contracts. The Nevada Gaming Control Board seeks a court order halting what it calls unlicensed wagering. Coinbase called the move a “state power grab,” arguing federal law should apply. Bitcoin and ether also dropped, weighing on exchange stocks.
Snap Q4 earnings surprise: profit pops, but soft outlook and user dip hit shares

Snap Q4 earnings surprise: profit pops, but soft outlook and user dip hit shares

Snap posted $1.72 billion in holiday-quarter revenue and $45 million in profit, but forecast first-quarter sales below Wall Street targets. Daily active users hit 474 million, up 5% year-over-year but down 3 million from the prior quarter. Shares fell about 3% after hours. Snap announced a $500 million share buyback and reported 24 million Snapchat+ subscribers.
Snowflake stock drops again: insider sale filing and AI jitters pressure SNOW shares

Snowflake stock drops again: insider sale filing and AI jitters pressure SNOW shares

Snowflake shares fell 4.6% to $165.29 Wednesday, extending a 13% slide since Monday. Product EVP Christian Kleinerman sold 10,000 shares at $197.09 each, a filing showed. The company closed its acquisition of Observe and announced new AI tools at its Build London event. Investors await Feb. 25 earnings for signs of demand and AI adoption.
S&P Global stock tries to find a floor after AI scare rout; Mobility Global spin-off and earnings loom

S&P Global stock tries to find a floor after AI scare rout; Mobility Global spin-off and earnings loom

S&P Global shares fell 0.6% to $465.51 Wednesday, extending a two-day drop to nearly 12% amid concerns over AI’s impact on data firms. Trading volume was four times the 20-day average. The company’s Mobility division will rebrand as Mobility Global ahead of a planned spin-off, pending board approval. S&P Global reports earnings Feb. 10.
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