Stock futures moved sharply higher Thursday morning as investors reacted to strong results and big AI spending plans from major technology companies.

U.S. stock futures traded solidly higher overnight after equity markets ended Wednesday's session on a mixed note. Positive reactions to earnings reports from tech bellwethers Meta Platforms (META) and Microsoft (MSFT) offered hope even as traders look ahead to a possible resolution of the tariff crisis.

The Dow Jones Industrial Average and other major stock indexes rose Thursday, as Wall Street digested the latest unemployment data. Nvidia and Tesla rose, and Meta Platforms and Microsoft surged on the stock market today following earnings reports.