India, May 1 -- The major U.S. index futures are currently pointing to a sharply higher open on Thursday, with stocks likely to see initial strength after recovering from an early sell-off to end the previous session mixed.
Early buying interest may be generated in reaction to upbeat earnings news from software giant Microsoft (MSFT) and Facebook parent Meta Platforms (META).
Shares of Microsoft are surging by 8.5 percent in pre-market trading after the company reported better than expected fiscal third quarter results and provided strong full-year guidance.
Meta Platforms is also seeing significant pre-market strength after reporting first quarter results that exceeded analyst estimates on both the top and bottom lines.
On the other ha...