Google parent Alphabet reported a deceleration in search revenue growth during the third quarter, while free cash flow was negative. Shares fell 9.6% to $293.97 in after-hours trading on Wednesday.

Microsoft posted accelerating growth in its Azure cloud business during the fiscal first quarter and projected that growth should accelerate further in the second quarter. The stock was up 2.7% at $545.35 after hours.

ServiceNow reported adjusted earnings below analyst expectations in the third quarter. Shares plunged 17% to $124.30.

EBay reported third-quarter adjusted earnings and revenue above analyst expectations, as collectibles continue to drive growth. Shares were up 4.5% at $123.30.

Carvana had a higher profit in the third quarter, driven by 40% growth in vehicle sales. The stock jumped 8.1% to $63.84.