Check out the companies making the biggest moves in the premarket: ASML — U.S.-listed shares of the semiconductor manufacturing equipment giant rose 4% after the company reported record orders in the wake of the artificial intelligence boom and issued a strong outlook for 2026. The company also announced a share buyback program worth €12 billion. Starbucks — The coffee chain rose 7% after reporting an increase in store traffic for the first time in two years. “Our first quarter results demonstrate that our ‘back to Starbucks’ strategy is working and we are confident we are ahead of schedule,” CEO Brian Nicol said in a statement. Texas Instruments — The company soared more than 8% after reporting better-than-expected first-quarter guidance. Texas Instruments now expects earnings per share to be between $1.22 and $1.48 and revenue between $4.32 billion and $4.68 billion. Analysts had expected revenue of $4.42 billion and earnings of $1.26 per share for the quarter, according to LSEG. Texas Instruments missed Wall Street’s fourth-quarter estimates for both profit and revenue. Seagate Technology — Despite strong fiscal second-quarter results, the storage infrastructure stock has since fallen nearly 2%. Seagate’s earnings were $3.11 per share on an adjusted basis of $2.83 billion. Analysts surveyed by LSEG had expected the company to report earnings of $2.81 per share and revenue of $2.73 billion. Seagate had soared 30% in the past month before its latest earnings report. Qorvo — The chip maker plunged 10% after giving a disappointing profit outlook in its fourth quarter results. Qorvo expects non-GAAP earnings per share to be around $1.20, compared with analyst estimates compiled by FactSet of $1.37 per share. F5 — The cloud computing and security company soared 13% after fiscal first-quarter earnings and sales beat expectations. F5 had adjusted earnings per share of $822 million and revenue of $822 million, compared with analysts’ estimates compiled by LSEG of $3.65 per share and revenue of $758 million. Earnings guidance for the fiscal second quarter far exceeded expectations. Western Digital — The data storage company’s stock continued to soar in pre-market trading in 2026, rising more than 8% as Seagate’s strong earnings led investors to jump on the memory name. Western Digital is scheduled to report earnings after the bell on Thursday. AT&T — The telecommunications giant rose 3% after reporting fourth-quarter results and approving an additional $10 billion in common stock repurchases. Stride — The virtual education company soared more than 26% after posting strong earnings. Stride reported adjusted earnings per share of $2.50 and revenue of $631.3 million. Analysts polled by FactSet expected earnings of $2.01 per share and revenue of $627.9 million. Nextpower — The solar technology platform soared 12% after its fiscal third-quarter financial results beat Wall Street expectations and raised its full-year outlook. NextPower now expects full-year adjusted earnings to be between $4.26 and $4.36 per share, up from its previous forecast of $4.04 to $4.25 per share. The company also raised its full-year sales forecast from $3.275 billion to $3.475 billion to a range of $3.425 billion to $3.5 billion. StandardAero — The airplane repair company fell more than 4% after announcing it would issue 50 million shares of stock at $31. This is 6.4% below Tuesday’s closing level. —CNBC’s Michelle Fox and Davis Giangiulio contributed reporting.
