U.S. futures were higher on Thursday, supported by upbeat results from Microsoft (NASDAQ:MSFT) and Tesla (NASDAQ:TSLA) after the bell on Wednesday
Microsoft (NASDAQ:MSFT) beat expectations for its fiscal first-quarter earnings after the closing bell on Wednesday and raised its guidance for cloud bookings in the current quarter. The tech company gained 1% in premarket trade.
Other companies expected to report on Thursday include Amazon (NASDAQ:AMZN), Comcast (NASDAQ:CMCSA), American Airlines (NASDAQ:AAL), Twitter (NYSE:TWTR) and Intel Corp.ration (NASDAQ:INTC).
NASDAQ 100 futures jumped 35 points or 0.5% by 6:53 AM ET (10:53 GMT), while Dow futures rose 18 points or 0.1% and S&P 500 futures were up 3 points or 0.1%.
Tesla (NASDAQ:TSLA) surged 18.5% after a surprise profit from the electric car company, while PayPal was up 8% after a solid third quarter.
Elsewhere, eBay (NASDAQ:EBAY) slipped 6.6% after the online marketplace operator cut its sales and earnings outlook for the year, while Ford (NYSE:F) dipped 4.1% after cutting its yearly outlook.
On the data front, jobless claims and durable goods come out at 8:30 AM ET and new home sales data is released at 10:00 AM ET.
In commodities, Gold futures lost 0.2% to $1,492.55 a troy ounce, while the U.S. dollar index, which measures the greenback against a basket of six major currencies, inched up 0.1% to 97.282. Crude oil futures declined 0.6% to $55.64 a barrel.
