Shares of Amazon jumped sharply in premarket trading on Friday while Apple dropped as investors digest earnings.

Apple Inc., Mastercard Inc., and The Southern Company all reported earnings, with the options market predicting a 3.04-3.79% move in their stock prices.

U.S. stock futures trading higher, focus on Apple, Microsoft, Amazon earnings. Meta posts mixed results, Bristol-Myers Squibb to release earnings.

The Nasdaq opened higher on Friday, boosted by Amazon's strong cloud revenue growth. This performance eased concerns about artificial intelligence returns among major tech firms.…