Microsoft and Meta Platforms drove Wall Street higher after delivering profits for the start of the year that were even bigger than analysts expected.

Wall Street's main indexes jumped at the open on Thursday, powered by shares of Meta and Microsoft, as their strong quarterly results pointed to a resilient outlook for the technology sector.

Microsoft and Meta Platforms are leading a rally on Wall Street Thursday after reporting profits for the start of the year that were even bigger than analysts expected. The S&P 500 was 1.5% higher in midday trading and heading for an eighth straight gain,