House throttled by Epstein drama
The House Oversight and Government Reform Committee voted to authorize the subpoena following a motion put forward by Rep. Tim Burchett (R-Tenn.), even as President Trump urges his party to drop the topic and move on.
Republicans on the House Rules Committee adjourned Monday night without completing their work in order to dodge Democratic threats to stage additional votes to compel the release of new Epstein documents.
So far, Trump's move to authorize the Department of Justice (DOJ) to release grand jury transcripts from the Epstein case has failed to quell demands from Republicans on Capitol Hill for more transparency.
Two federal judges on Tuesday asked the DOJ for more information before deciding whether to unseal the transcripts.
Meanwhile, the DOJ said it planned to meet with Maxwell, who was convicted in 2021 on sex trafficking charges and sentenced to 20 years in prison.
'I anticipate meeting with Ms. Maxwell in the coming days,' Deputy Attorney General Todd Blanche posted on X. 'Until now, no administration on behalf of the Department had inquired about her willingness to meet with the government. That changes now.'
Trump on Tuesday said he wasn't following the new developments but that the DOJ's move 'sounds appropriate.'
Republican leaders on Capitol Hill are caught between Trump's insistence that there's nothing more to uncover and demands from the rank-and-file to release all government files on the case.
The turmoil stems from a DOJ report released earlier this month that determined Epstein did not keep a 'client list,' which many on the right believed would include the names of powerful people implicated in Epstein's crimes.
To date, Maxwell is the only person to have been convicted in the case. Epstein died by suicide in a jail cell in 2019 as he was awaiting trial.
Tensions are running hot on Capitol Hill, with Speaker Mike Johnson (R-La.) swiping at Rep. Thomas Massie (R-Ky.), who cosponsored a measure with Rep. Ro Khanna (D-Calif.) that would force a vote on releasing more Epstein documents.
'Bless his heart,' Johnson said when asked if he'd support Massie's reelection bid.
Massie has repeatedly broken with Trump over spending and been a thorn in the side of GOP leaders.
Trump has threatened to back a primary challenge against Massie. In an interview with NBC News, Massie said that move would 'backfire tremendously.'
'They're trying to beat up on me in order to keep everybody else in line here,' he said.
But Johnson is also dealing with a revolt from other members.
'I led Republicans in a serious resolution — that protects victims — to expose the truth about the Epstein files, just like President Trump promised. But leadership is stalling,' Rep. Ralph Norman (R-S.C.) posted on X. 'The American people deserve action, not excuses. Let's vote on it before August recess and get it DONE!!'
Johnson said this week the House would not vote on a resolution calling for the release of some Epstein documents, saying he wanted to give the DOJ 'space' as it seeks to unseal grand jury testimony.
The Speaker on Tuesday said he supports 'maximum transparency' but is concerned about releasing information about Epstein's victims.
'Some of them were minors, some of them were not,' Johnson said. 'When the Epstein records are turned over to the public, which we must do as quickly as possible, we have to also be very judicious and careful about protecting innocent.'
The House will adjourn a day earlier than scheduled this week, with lawmakers leaving town Wednesday. They'll return in September.
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Gold wavers as Trump's deal with Japan eases trade concerns The price of gold (GC=F) retreated on Wednesday after a three-day rally as President Trump's trade deal with Japan relieved some demand for the safe-haven asset. Gold prices pared some losses, however, once it became clear that the European Union is preparing over $100 billion in tariff countermeasures. Gold futures fell 0.18% to $3,437 ahead of the opening bell. Silver futures (SI=F), meanwhile, rose 0.6% to $39.80 an ounce, the highest since 2011. Bloomberg reports: Read more here. Trump readies new hands-off AI 'action plan' President Trump is expected to release an AI "action plan" on Wednesday, said to outline how the US can win in the global AI race by taking a hands-off regulatory approach. The plan is likely to cover how to make it easier to export AI technology and to lower barriers to domestic development, going by a draft reported by Reuters. A clutch of supporting executive orders expected this week could include one that could draw legal challenges, notes Yahoo Finance's Alexis Keenan: Read more here. AT&T subscribers surge, but the stock is sliding premarket AT&T (T) stock fell over 3% in premarket trading despite the telecom provider reporting a huge subscriber beat. Reuters reports: Read more here. How the dropping dollar could scramble Trump's agenda President Trump has said he is "never going to let the dollar slide." But his agenda is making that complicated, Yahoo Finance's Ben Werschkul reports: Read more here. Good morning. Here's what's happening today. Economic data: MBA mortgage applications (July 18); Existing home sales (June) Earnings: Alphabet (GOOGL, GOOG), Tesla (TSLA), Chipotle (CMG), Alaska Airlines (ALK), AT&T (T), Fiserv (FI), Freeport-McMoran (FCX), GE Vernova (GEV), General Dynamics (GD), Hasbro (HAS), IBM (IBM), O'Reilly Automotive (ORLY), QuantumScape (QS) Here are some of the biggest stories you may have missed overnight and early this morning: AT&T stock slides despite subscriber surge; Tesla, Google on deck Trump gets Japan deal, but EU digs in with $100B response How the dollar's drop could scramble Trump's agenda Trump to launch hands-off 'action plan' to win AI race Google earnings on deck: AI results wanted, not just hype The protein boom is only beginning Krispy Kreme, GoPro jump as meme stock rally continues AT&T beats profit estimates as bundled plans boost subscribers Hilton lifts 2025 profit forecast on US demand recovery The protein boom is only beginning Yahoo Finance's Hamza Shaban reports in today's Morning Brief: Read more here. Enphase stock slides on warning of hit from Trump policies Shares in Enphase Energy (ENPH) fell after its third quarter revenue forecast fell short, as the US solar company pointed to headwinds from President Trump's policies. The solar equipment maker said Trump's import tariffs had hit its gross margin, after the US in April finalized steep duties on solar cells from Southeast Asia. At the same time, Enphase faces the fallout from Trump's cuts to tax incentives in the renewable energy sector. It said it expects the US residential solar market to shrink 20% next year as tax credits for homeowners end under Trump's sweeping budget legislation. Bloomberg reports: Read more here. Trending tickers: Krispy Kreme, GoPro and Constellation Energy Corporation Here are some top stocks trending on Yahoo Finance in premarket trading: Krispy Kreme (DNUT)`stock rose 22% before the bell boosted by their names trending on social media a day after retail traders snapped up Kohl's (KSS) shares. Camera maker GoPro (GPRO) shares rose 43%, per Reuters short interest in the stock recently stood at 7.7%. Investor interest in heavily shorted stocks has grown after Kohl's jumped 38% on Tuesday amid heavy retail buying. Constellation Energy Corporation (CEG) stock rose 4% premarket after PJM Interconnection released results from its 2026-2027 capacity auction. The grid operator set record prices at $329.17 per megawatt-day, raising total capacity costs to $16.1 billion from $14.7 billion last year. Tesla Q2 earnings preview: 3 things to watch Tesla (TSLA) is slated to report second quarter earnings on Wednesday against an uncertain backdrop for its core auto business and robotaxi rollout. Tesla stock pared some of its losses earlier in the year, as tariffs and a volatile relationship between CEO Elon Musk and President Trump weighed on the company. But the stock is still down about 17% year to date. Yahoo Finance's Pras Subramanian previews three key areas to watch when the EV maker reports: Read more here. Meme stocks are on the move again The return of meme stock mania doesn't appear like it will end on Wednesday. Some of the highest-trending ticker pages on Yahoo Finance this morning are meme crowd favorites Kohl's (KSS), Rocket (RKT), and Krispy Kreme (DNUT). As of 6 a.m. ET, Rocket and Krispy Kreme are each up double-digit percentages in premarket. "The phenomenon of meme stocks isn't going away. I feel like the genie's out of the bottle. And it's just become a way for a certain subset of everyday investors to trade, and that's completely fine," Ritholtz Wealth Management strategist Callie Cox said on Yahoo Finance's Opening Bid (watch below). Makes sense! Texas Instruments stock plunges as guidance disappoints Given how hard the stock market has rallied, any company reporting guidance that is perceived as subpar will get punished. A good example of that will play out with Texas Instruments (TXN) in today's session. The stock is getting pounded premarket, down 12% after third quarter guidance on earnings per share that was 14 cents below consensus on the low end. TXN blamed weak demand in the auto market (heard the same in GM's (GM) outlook on Tuesday). Executives at the key chipmaker for producers of cars and factory equipment said they didn't know how much of the second quarter's jump in revenue was down to customers trying to get ahead of tariffs, per Reuters. Whatever the case, TXN's outlook is putting pressure on similar names in the space: Microchip (MCHP), Analog Devices (ADI), NXP Semiconductors (NXPI), and On Semi (ON). Japanese auto stocks surge as US announces lower-than-expected tariffs Shares of Japanese automakers pumped after U.S. President Donald Trump announced a trade deal with Japan, lowering the previously discussed 25% auto tariffs on Japanese vehicles to 15%. Honda (HMC) surged 9.8%, Toyota (TM) jumped 13.9%, Nissan (7222.T) gained over 5%, and Mazda (7261.T) soared 17.7%. Mitsubishi Motors (7211.T) rose over 12%. According to Japan's NHK, the revised tariff structure includes a 12.5% cut plus a 2.5% 'Most Favored Nation' base rate. The move comes as Japanese auto exports to the US have suffered, plunging 26.7% in June. Trump hailed the deal as the 'largest Deal ever,' claiming Japan would invest $550 billion in the US and allow greater access to its markets, including for American autos, trucks, and agricultural goods. Trending tickers in after-hours trading Texas Instruments, Inc. (TXN) Texas Instruments, a leading chipmaker with the broadest product list in the field, saw its share value drop over 11.6% in after-hours trading. The stock has seen 46% gains in the year to date following a boom in purchases with each wave of tariff announcements. The rapid cooling-off occurred when the executive team announced they were unaware how much of the increase in revenue had been dependent on consumers attempting to circumvent the hike in prices from Trump's tariffs. Enphase Energy, Inc. (ENPH) Solar equipment provider Enphase Energy saw a drop of over 7.2% in the company's stock value in extended trading. With 5% of the market share in the solar equipment field Enphase acts as an early indicator for the impact that Trump's removal of tax credits will have upon the industry. Enphase are pointing towards a 20% drop in the residential market. Read more here. Analog Devices, Inc. (ADI) Shares in semiconductor maker Analog Devices saw a drop of over 4.1% after-hours, erasing gains from the month so far. The company specializes in chips that convert real world input into electrical signals, processing sound, light, temperature, pressure and motion. Investors have been eyeing ADI's earnings reports, still not due for another month. US stocks climb at the open US stocks rose at the market open on Wednesday. The Dow Jones Industrial Average (^DJI) rose roughly 0.6%, while the S&P 500 (^GSPC) moved up 0.3%. The tech-heavy Nasdaq Composite (^IXIC) nudged up around 0.2%. The gains followed a mixed day for stocks Tuesday. US stocks rose at the market open on Wednesday. The Dow Jones Industrial Average (^DJI) rose roughly 0.6%, while the S&P 500 (^GSPC) moved up 0.3%. The tech-heavy Nasdaq Composite (^IXIC) nudged up around 0.2%. The gains followed a mixed day for stocks Tuesday. Gold wavers as Trump's deal with Japan eases trade concerns The price of gold (GC=F) retreated on Wednesday after a three-day rally as President Trump's trade deal with Japan relieved some demand for the safe-haven asset. Gold prices pared some losses, however, once it became clear that the European Union is preparing over $100 billion in tariff countermeasures. Gold futures fell 0.18% to $3,437 ahead of the opening bell. Silver futures (SI=F), meanwhile, rose 0.6% to $39.80 an ounce, the highest since 2011. Bloomberg reports: Read more here. The price of gold (GC=F) retreated on Wednesday after a three-day rally as President Trump's trade deal with Japan relieved some demand for the safe-haven asset. Gold prices pared some losses, however, once it became clear that the European Union is preparing over $100 billion in tariff countermeasures. Gold futures fell 0.18% to $3,437 ahead of the opening bell. Silver futures (SI=F), meanwhile, rose 0.6% to $39.80 an ounce, the highest since 2011. Bloomberg reports: Read more here. Trump readies new hands-off AI 'action plan' President Trump is expected to release an AI "action plan" on Wednesday, said to outline how the US can win in the global AI race by taking a hands-off regulatory approach. The plan is likely to cover how to make it easier to export AI technology and to lower barriers to domestic development, going by a draft reported by Reuters. A clutch of supporting executive orders expected this week could include one that could draw legal challenges, notes Yahoo Finance's Alexis Keenan: Read more here. President Trump is expected to release an AI "action plan" on Wednesday, said to outline how the US can win in the global AI race by taking a hands-off regulatory approach. The plan is likely to cover how to make it easier to export AI technology and to lower barriers to domestic development, going by a draft reported by Reuters. A clutch of supporting executive orders expected this week could include one that could draw legal challenges, notes Yahoo Finance's Alexis Keenan: Read more here. AT&T subscribers surge, but the stock is sliding premarket AT&T (T) stock fell over 3% in premarket trading despite the telecom provider reporting a huge subscriber beat. Reuters reports: Read more here. AT&T (T) stock fell over 3% in premarket trading despite the telecom provider reporting a huge subscriber beat. Reuters reports: Read more here. How the dropping dollar could scramble Trump's agenda President Trump has said he is "never going to let the dollar slide." But his agenda is making that complicated, Yahoo Finance's Ben Werschkul reports: Read more here. President Trump has said he is "never going to let the dollar slide." But his agenda is making that complicated, Yahoo Finance's Ben Werschkul reports: Read more here. Good morning. Here's what's happening today. Economic data: MBA mortgage applications (July 18); Existing home sales (June) Earnings: Alphabet (GOOGL, GOOG), Tesla (TSLA), Chipotle (CMG), Alaska Airlines (ALK), AT&T (T), Fiserv (FI), Freeport-McMoran (FCX), GE Vernova (GEV), General Dynamics (GD), Hasbro (HAS), IBM (IBM), O'Reilly Automotive (ORLY), QuantumScape (QS) Here are some of the biggest stories you may have missed overnight and early this morning: AT&T stock slides despite subscriber surge; Tesla, Google on deck Trump gets Japan deal, but EU digs in with $100B response How the dollar's drop could scramble Trump's agenda Trump to launch hands-off 'action plan' to win AI race Google earnings on deck: AI results wanted, not just hype The protein boom is only beginning Krispy Kreme, GoPro jump as meme stock rally continues AT&T beats profit estimates as bundled plans boost subscribers Hilton lifts 2025 profit forecast on US demand recovery Economic data: MBA mortgage applications (July 18); Existing home sales (June) Earnings: Alphabet (GOOGL, GOOG), Tesla (TSLA), Chipotle (CMG), Alaska Airlines (ALK), AT&T (T), Fiserv (FI), Freeport-McMoran (FCX), GE Vernova (GEV), General Dynamics (GD), Hasbro (HAS), IBM (IBM), O'Reilly Automotive (ORLY), QuantumScape (QS) Here are some of the biggest stories you may have missed overnight and early this morning: AT&T stock slides despite subscriber surge; Tesla, Google on deck Trump gets Japan deal, but EU digs in with $100B response How the dollar's drop could scramble Trump's agenda Trump to launch hands-off 'action plan' to win AI race Google earnings on deck: AI results wanted, not just hype The protein boom is only beginning Krispy Kreme, GoPro jump as meme stock rally continues AT&T beats profit estimates as bundled plans boost subscribers Hilton lifts 2025 profit forecast on US demand recovery The protein boom is only beginning Yahoo Finance's Hamza Shaban reports in today's Morning Brief: Read more here. Yahoo Finance's Hamza Shaban reports in today's Morning Brief: Read more here. Enphase stock slides on warning of hit from Trump policies Shares in Enphase Energy (ENPH) fell after its third quarter revenue forecast fell short, as the US solar company pointed to headwinds from President Trump's policies. The solar equipment maker said Trump's import tariffs had hit its gross margin, after the US in April finalized steep duties on solar cells from Southeast Asia. At the same time, Enphase faces the fallout from Trump's cuts to tax incentives in the renewable energy sector. It said it expects the US residential solar market to shrink 20% next year as tax credits for homeowners end under Trump's sweeping budget legislation. Bloomberg reports: Read more here. Shares in Enphase Energy (ENPH) fell after its third quarter revenue forecast fell short, as the US solar company pointed to headwinds from President Trump's policies. The solar equipment maker said Trump's import tariffs had hit its gross margin, after the US in April finalized steep duties on solar cells from Southeast Asia. At the same time, Enphase faces the fallout from Trump's cuts to tax incentives in the renewable energy sector. It said it expects the US residential solar market to shrink 20% next year as tax credits for homeowners end under Trump's sweeping budget legislation. Bloomberg reports: Read more here. Trending tickers: Krispy Kreme, GoPro and Constellation Energy Corporation Here are some top stocks trending on Yahoo Finance in premarket trading: Krispy Kreme (DNUT)`stock rose 22% before the bell boosted by their names trending on social media a day after retail traders snapped up Kohl's (KSS) shares. Camera maker GoPro (GPRO) shares rose 43%, per Reuters short interest in the stock recently stood at 7.7%. Investor interest in heavily shorted stocks has grown after Kohl's jumped 38% on Tuesday amid heavy retail buying. Constellation Energy Corporation (CEG) stock rose 4% premarket after PJM Interconnection released results from its 2026-2027 capacity auction. The grid operator set record prices at $329.17 per megawatt-day, raising total capacity costs to $16.1 billion from $14.7 billion last year. Here are some top stocks trending on Yahoo Finance in premarket trading: Krispy Kreme (DNUT)`stock rose 22% before the bell boosted by their names trending on social media a day after retail traders snapped up Kohl's (KSS) shares. Camera maker GoPro (GPRO) shares rose 43%, per Reuters short interest in the stock recently stood at 7.7%. Investor interest in heavily shorted stocks has grown after Kohl's jumped 38% on Tuesday amid heavy retail buying. Constellation Energy Corporation (CEG) stock rose 4% premarket after PJM Interconnection released results from its 2026-2027 capacity auction. The grid operator set record prices at $329.17 per megawatt-day, raising total capacity costs to $16.1 billion from $14.7 billion last year. Tesla Q2 earnings preview: 3 things to watch Tesla (TSLA) is slated to report second quarter earnings on Wednesday against an uncertain backdrop for its core auto business and robotaxi rollout. Tesla stock pared some of its losses earlier in the year, as tariffs and a volatile relationship between CEO Elon Musk and President Trump weighed on the company. But the stock is still down about 17% year to date. Yahoo Finance's Pras Subramanian previews three key areas to watch when the EV maker reports: Read more here. Tesla (TSLA) is slated to report second quarter earnings on Wednesday against an uncertain backdrop for its core auto business and robotaxi rollout. Tesla stock pared some of its losses earlier in the year, as tariffs and a volatile relationship between CEO Elon Musk and President Trump weighed on the company. But the stock is still down about 17% year to date. Yahoo Finance's Pras Subramanian previews three key areas to watch when the EV maker reports: Read more here. Meme stocks are on the move again The return of meme stock mania doesn't appear like it will end on Wednesday. Some of the highest-trending ticker pages on Yahoo Finance this morning are meme crowd favorites Kohl's (KSS), Rocket (RKT), and Krispy Kreme (DNUT). As of 6 a.m. ET, Rocket and Krispy Kreme are each up double-digit percentages in premarket. "The phenomenon of meme stocks isn't going away. I feel like the genie's out of the bottle. And it's just become a way for a certain subset of everyday investors to trade, and that's completely fine," Ritholtz Wealth Management strategist Callie Cox said on Yahoo Finance's Opening Bid (watch below). Makes sense! The return of meme stock mania doesn't appear like it will end on Wednesday. Some of the highest-trending ticker pages on Yahoo Finance this morning are meme crowd favorites Kohl's (KSS), Rocket (RKT), and Krispy Kreme (DNUT). As of 6 a.m. ET, Rocket and Krispy Kreme are each up double-digit percentages in premarket. "The phenomenon of meme stocks isn't going away. I feel like the genie's out of the bottle. And it's just become a way for a certain subset of everyday investors to trade, and that's completely fine," Ritholtz Wealth Management strategist Callie Cox said on Yahoo Finance's Opening Bid (watch below). Makes sense! Texas Instruments stock plunges as guidance disappoints Given how hard the stock market has rallied, any company reporting guidance that is perceived as subpar will get punished. A good example of that will play out with Texas Instruments (TXN) in today's session. The stock is getting pounded premarket, down 12% after third quarter guidance on earnings per share that was 14 cents below consensus on the low end. TXN blamed weak demand in the auto market (heard the same in GM's (GM) outlook on Tuesday). Executives at the key chipmaker for producers of cars and factory equipment said they didn't know how much of the second quarter's jump in revenue was down to customers trying to get ahead of tariffs, per Reuters. Whatever the case, TXN's outlook is putting pressure on similar names in the space: Microchip (MCHP), Analog Devices (ADI), NXP Semiconductors (NXPI), and On Semi (ON). Given how hard the stock market has rallied, any company reporting guidance that is perceived as subpar will get punished. A good example of that will play out with Texas Instruments (TXN) in today's session. The stock is getting pounded premarket, down 12% after third quarter guidance on earnings per share that was 14 cents below consensus on the low end. TXN blamed weak demand in the auto market (heard the same in GM's (GM) outlook on Tuesday). Executives at the key chipmaker for producers of cars and factory equipment said they didn't know how much of the second quarter's jump in revenue was down to customers trying to get ahead of tariffs, per Reuters. Whatever the case, TXN's outlook is putting pressure on similar names in the space: Microchip (MCHP), Analog Devices (ADI), NXP Semiconductors (NXPI), and On Semi (ON). Japanese auto stocks surge as US announces lower-than-expected tariffs Shares of Japanese automakers pumped after U.S. President Donald Trump announced a trade deal with Japan, lowering the previously discussed 25% auto tariffs on Japanese vehicles to 15%. Honda (HMC) surged 9.8%, Toyota (TM) jumped 13.9%, Nissan (7222.T) gained over 5%, and Mazda (7261.T) soared 17.7%. Mitsubishi Motors (7211.T) rose over 12%. According to Japan's NHK, the revised tariff structure includes a 12.5% cut plus a 2.5% 'Most Favored Nation' base rate. The move comes as Japanese auto exports to the US have suffered, plunging 26.7% in June. Trump hailed the deal as the 'largest Deal ever,' claiming Japan would invest $550 billion in the US and allow greater access to its markets, including for American autos, trucks, and agricultural goods. Shares of Japanese automakers pumped after U.S. President Donald Trump announced a trade deal with Japan, lowering the previously discussed 25% auto tariffs on Japanese vehicles to 15%. Honda (HMC) surged 9.8%, Toyota (TM) jumped 13.9%, Nissan (7222.T) gained over 5%, and Mazda (7261.T) soared 17.7%. Mitsubishi Motors (7211.T) rose over 12%. According to Japan's NHK, the revised tariff structure includes a 12.5% cut plus a 2.5% 'Most Favored Nation' base rate. The move comes as Japanese auto exports to the US have suffered, plunging 26.7% in June. Trump hailed the deal as the 'largest Deal ever,' claiming Japan would invest $550 billion in the US and allow greater access to its markets, including for American autos, trucks, and agricultural goods. Trending tickers in after-hours trading Texas Instruments, Inc. (TXN) Texas Instruments, a leading chipmaker with the broadest product list in the field, saw its share value drop over 11.6% in after-hours trading. The stock has seen 46% gains in the year to date following a boom in purchases with each wave of tariff announcements. The rapid cooling-off occurred when the executive team announced they were unaware how much of the increase in revenue had been dependent on consumers attempting to circumvent the hike in prices from Trump's tariffs. Enphase Energy, Inc. (ENPH) Solar equipment provider Enphase Energy saw a drop of over 7.2% in the company's stock value in extended trading. With 5% of the market share in the solar equipment field Enphase acts as an early indicator for the impact that Trump's removal of tax credits will have upon the industry. Enphase are pointing towards a 20% drop in the residential market. Read more here. Analog Devices, Inc. (ADI) Shares in semiconductor maker Analog Devices saw a drop of over 4.1% after-hours, erasing gains from the month so far. The company specializes in chips that convert real world input into electrical signals, processing sound, light, temperature, pressure and motion. Investors have been eyeing ADI's earnings reports, still not due for another month. Texas Instruments, Inc. (TXN) Texas Instruments, a leading chipmaker with the broadest product list in the field, saw its share value drop over 11.6% in after-hours trading. The stock has seen 46% gains in the year to date following a boom in purchases with each wave of tariff announcements. The rapid cooling-off occurred when the executive team announced they were unaware how much of the increase in revenue had been dependent on consumers attempting to circumvent the hike in prices from Trump's tariffs. Enphase Energy, Inc. (ENPH) Solar equipment provider Enphase Energy saw a drop of over 7.2% in the company's stock value in extended trading. With 5% of the market share in the solar equipment field Enphase acts as an early indicator for the impact that Trump's removal of tax credits will have upon the industry. Enphase are pointing towards a 20% drop in the residential market. Read more here. Analog Devices, Inc. (ADI) Shares in semiconductor maker Analog Devices saw a drop of over 4.1% after-hours, erasing gains from the month so far. The company specializes in chips that convert real world input into electrical signals, processing sound, light, temperature, pressure and motion. Investors have been eyeing ADI's earnings reports, still not due for another month. 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