Stock futures climbed on Thursday night as investors reacted to strong earnings from Amazon and Apple. With Amazon's cloud revenue soaring and Apple's fiscal forecasts shining, optimism is high despite recent market fluctuations.
Meta's shares dropped over 12% due to a staggering $16 billion tax charge, marking its biggest loss in years. Meanwhile, Microsoft and Alphabet reported mixed quarterly results, with Alphabet hitting a record revenue.
S&P 500 futures rose slightly after Oracle's impressive forecast and cloud revenue surge, while traders await key inflation data that could influence Federal Reserve decisions.