Salesforce forecast third-quarter revenue below Wall Street estimates on Wednesday, signaling lagging monetization for its highly-touted artificial intelligence agent platform as clients dial back spending due to macroeconomic uncertainty.

The cloud software provider also announced a $20 billion increase to its existing share buyback program, but that was unable to allay investors' concerns, sending Salesforce's shares down over 5% in overnight trading.

GitLab stock was down nearly 8% in overnight trading. GitLab is looking for third quarter adjusted EPS of between 19 cents and 20 cents, versus the 19 cent estimate, and revenue of $238 million to $239 million, versus the $241.54 million analyst estimate.

Office-management software firm Asana stock jumped more than 8% in overnight trading after reporting quarterly earnings of six cents per share, which beat the Street estimate of five cents. Quarterly revenue of $196.94 million beat the analyst estimate of $193.01 million and is up from revenue of $179.21 million from the same period last year.

Hewlett Packard Enterprise beat Wall Street estimates for third-quarter revenue on Wednesday, driven by strong demand in its server and networking segments.

Demand for AI servers has surged as big tech companies and startups race to deploy generative AI services, such as ChatGPT, which require immense computing power. Shares rose nearly 2% in overnight trading.

Credo reported better-than-expected earnings results Wednesday afternoon. Its shares were up about 13% in overnight trading.

The company reported fiscal first-quarter adjusted earnings per share of 52 cents, compared to Wall Street's consensus estimate of 36 cents, according to FactSet. Revenue came in at $223.1 million, or up 274% year-over-year, which was above analysts' expectations of $190.6 million.