India, July 31 -- The major U.S. index futures are currently pointing to a sharply higher open on Thursday, with stocks likely to show a strong move to the upside after ending yesterday's choppy trading session narrowly mixed.
Early buying interest is likely to be generated in reaction to upbeat earnings news from tech giants Meta Platforms (META) and Microsoft (MSFT).
Facebook parent Meta Platforms is spiking by 11.3 percent in pre-market trading after the company reported better than expected second quarter results and provided upbeat third quarter revenue guidance.
Shares of Microsoft are also surging by 8.8 percent after the software giant reported fiscal fourth quarter results that exceeded analyst estimates on both the top and bott...