Semiconductor shares fell in overnight trading with Super Micro dropping 15%; Micron, Nvidia down about 2%; Direxion Daily Semiconductors Bull 3x Shares down 1.6%.

Super Micro Computer Inc. gave preliminary results that fell well short of analysts’ estimates, a sign its comeback plan has been slow to gain traction.

Sales were $4.5 billion to $4.6 billion in the fiscal third quarter, the company said in a statement Tuesday. That missed the analyst estimate of $5.35 billion and its own guidance of roughly $5.5 billion. Earnings, excluding some items, came in at 29 cents to 31 cents in the period ended March 31, compared with an estimate of 53 cents.

Dell Technologies stock fell over 3% in overnight trading, dragged down by Super Micro’s disappointing preliminary results

Snap Inc. narrowly beat analysts’ estimates for first-quarter revenue but declined to issue a sales forecast for the current period, saying it’s navigating macroeconomic “headwinds” for its advertising business.

While sales continue to grow in the second quarter, Snap said economic volatility “may impact advertising demand more broadly,” contributing to its decision to withhold sales projections. Shares fell as much as 14% in overnight trading.

Starbucks Corporation shares tumbled over 6% in overnight trading following the release of its fiscal second-quarter earnings report that fell short of Wall Street expectations. The coffee giant's results highlighted ongoing challenges in its turnaround efforts amid a tough consumer environment and global economic uncertainties.

First Solar Inc. shares fell as much as 10% after the company cut earnings guidance for this year due to tariffs imposed by the Trump administration.