Elastic shares soared 21.9% in overnight trading after the search AI platform Provider reported fiscal first-quarter results and full-year guidance that topped Wall Street's estimates by a wide margin.

Ambarella shares surged 20.2% after the edge AI semiconductor company reported second-quarter earnings that significantly exceeded analyst expectations, driven by strong demand for its AI processors.

Petco Health & Wellness surged 18% after raising its earnings targets for the year as the company’s turnaround starts showing signs of progress.

Buy now, pay later lender Affirm shares jumped 17.9% in overnight trading. AFRM forecasted FY 2026 gross merchandise value (GMV) - total dollar amount of all transactions on the Affirm platform - to be more than $46 billion, above market consensus of $45.67 billion, per LSEG data.

IREN Limited reported fourth-quarter fiscal 2025 revenue of $187.3 million, exceeding analyst expectations of $183.02 million, as the cryptocurrency mining and AI cloud company continues its transformation into a diversified data center operator. IREN also expanded AI cloud to 10.9k GPUs, with NVIDIA preferred partner status and additional financing secured. The shares jumped 14% in overnight trading.

Autodesk raised its annual revenue and profit forecasts, betting on growing demand for its design and engineering software, sending its shares surging 10.4% in overnight trading.

SentinelOne raised annual revenue forecast, a sign of growing demand for the company's cybersecurity tools, sending its shares surging around 9% in overnight trading.

Ulta Beauty raised its annual sales and profit forecast after topping quarterly sales estimates, banking on steady demand for makeup and skincare brands at its stores as well as lower inventory losses. The shares rose 4% in overnight trading.

Gap reported comparable sales below Wall Street estimates as customers pulled back on discretionary spending, and it said U.S. tariffs would squeeze its margins in the current quarter. The shares fell 1.7% in overnight trading.

Dell Technologies shares declined 5.1% in overnight trading after the company booked fewer sales of artificial intelligence servers than in the previous three months and reported profit margins on the powerful machines that fell short of analysts’ estimates.

Chipmaker Marvell Technology forecast third-quarter revenue below Wall Street estimates, as economic uncertainty and tariff concerns weighed on customer spending and overall demand. The shares sank 11.2% in overnight trading.