Babcock & Wilcox Enterprises (BW) swung to Q4 net income. The company also said it received full notice to proceed on a $2.4 billion design-build agreement with Applied Digital-backed (APLD) Base Electron to deliver 1.2 gigawatts of new generation capacity.

Shares of Babcock & Wilcox Enterprises soared 37% as intraday trading volume jumped to over 11.1 million from a daily average of roughly 2.87 million.

Coinbase Global (COIN) Chief Executive Brian Armstrong met privately with President Donald Trump ahead of Trump's publicly backing the crypto industry in its escalating clash with banks over stalled digital asset legislation, Politico reported Wednesday, citing unnamed people familiar with the matter.

Coinbase shares soared 15% as intraday trading volume jumped to 18.5 million from a daily average of 10.9 million.

Strategy (MSTR), a cryptocurrency company, advanced 11% amid an increase in intraday trading volume to 23.1 million versus a daily average of about 21.9 million.

Price: 147.16, Change: +14.48, Percent Change: +10.91