Meta stock jumped after the company reported big revenue and earnings beats. The investor call focused on AI as CEO Zuckerberg tiptoed around tariffs.

Meta reported first-quarter earnings after the close of trading on Wednesday. The company delivered a beat while boosting its capital-spending target.

U.S. stock index futures rose on Thursday, powered by Magnificent Seven heavyweights Microsoft and Meta as their strong quarterly results pointed to a resilient outlook for the technology sector. Microsoft surged nearly 9% in premarket trading after it forecast stronger-than-expected quarterly growth for its cloud-computing business Azure.