Beyond high-profile names like Supermicro and Snap, several other companies also saw notable stock moves following their earnings reports.

Seagate Technology shares jumped 9% after the data storage company reported fiscal third-quarter earnings that exceeded analyst expectations and provided upbeat guidance for the current quarter.

Starbucks missed earnings and revenue estimates for its fiscal second quarter. Same-store sales fell for the fifth straight quarter. The coffee giant sank 6.8% in premarket trading on Wednesday.

Tenable Holdings saw its shares plummet 17.4% in premarket trading on Wednesday after the exposure management company reported first quarter earnings that beat expectations but provided disappointing guidance for the second quarter.

First Solar saw its shares tumble 11.3% in premarket trading on Wednesday after the solar panel manufacturer reported first-quarter earnings that fell short of analyst expectations and issued disappointing guidance for the full year.

Visa beat Wall Street estimates for quarterly profit, as the world's largest payment processor benefited from a steady rise in card payment volumes and the company unveiled a $30 billion share repurchase plan. The shares rose 1% in premarket trading on Wednesday.

Logitech International outlined plans to mitigate the impact of U.S. President Donald Trump's tariffs policy as the computer mouse and keyboards maker reported fourth-quarter earnings that were slightly below estimates. The shares rose 1% in premarket trading on Wednesday.

Qorvo reported its Q4 FY2025 earnings, surpassing analyst expectations with an EPS of $1.42 compared to the forecasted $1.00. Revenue also exceeded projections, reaching $869.5 million against an expected $850.07 million. Following the announcement, Qorvo’s stock rose by 10% in premarket trading on Wednesday, reflecting investor optimism.

UBS posted better than expected first-quarter net profit, but the Swiss bank warned of an uncertain outlook as U.S. tariffs raise global growth fears even as the market tumult drove up earnings in its trading activity. US-listed shares of UBS fell 1.5% in premarket trading on Wednesday.

French oil major TotalEnergies reported an 18% drop in adjusted net income for the first quarter to $4.2 billion, slightly short of expectations, as debt rose and earnings fell across all business segments except liquefied natural gas. US-listed shares of TotalEnergies fell 2.2% in premarket trading on Wednesday.

GSK reaffirmed its 2025 outlook and said it was "well positioned" to absorb potential U.S. pharmaceutical tariffs, after reporting stronger-than-expected first-quarter results. US-listed shares of the British drugmaker gained 2.9% in premarket trading on Wednesday.