Stocks – U.S. Futures Slightly Higher Ahead of Tech Earnings 

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© Reuters. © Reuters. – U.S. futures were higher on Thursday, supported by upbeat results from Microsoft (NASDAQ:) and Tesla (NASDAQ:) after the bell on Wednesday

Microsoft (NASDAQ:) 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:), Comcast (NASDAQ:), American Airlines (NASDAQ:), Twitter (NYSE:) and Intel Corporation (NASDAQ:).

jumped 35 points or 0.5% by 6:53 AM ET (10:53 GMT), while rose 18 points or 0.1% and S&P 500 futures were up 3 points or 0.1%.

Tesla (NASDAQ:) 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:) slipped 6.6% after the online marketplace operator cut its sales and earnings outlook for the year, while Ford (NYSE:) dipped 4.1% after cutting its yearly outlook.

On the data front, and come out at 8:30 AM ET and data is released at 10:00 AM ET.

In commodities, lost 0.2% to $1,492.55 a troy ounce, while the , which measures the greenback against a basket of six major currencies, inched up 0.1% to 97.282. declined 0.6% to $55.64 a barrel.

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