Tech Giants Alphabet and Micron Soar on Strong Earnings Reports

Alphabet's shares rose 2% in after-hours trading as Google unveiled its next-generation AI model, Gemini 4 Argon. This comes after weeks of anticipation and signals accelerated deployment across Google Cloud and enterprise AI workflows.

The release has boosted investor sentiment around Alphabet's proprietary AI stack and infrastructure positioning. The model is a significant upgrade to previous AI models, and its widespread adoption is expected to drive growth for the company.

Micron Technology also saw a 2% jump in share price after delivering a strong Q4 earnings report. The memory chipmaker reported adjusted EPS of $33.42, beating estimates by $2.26, on revenue of $54.23 billion, which was above the consensus of $50.45 billion.

Constellation Energy climbed 3% as it announced a long-term agreement with Amazon to support and expand the Calvert Cliffs Clean Energy Center in Maryland. The deal will enable over $3 billion in infrastructure investments and add approximately 190 megawatts of new, emissions-free nuclear generating capacity between 2030 and 2032.

Nu Holdings Ltd. gained 6% after issuing a statement denying speculation about a potential transaction with Monzo. Despite the denial, investors appear to be optimistic about the company's future prospects.