Futures on the Dow, Nasdaq and S&P 500 pointed to triple-digit gains as the software sector posted broad strength. Oracle led the charge with a 3.42% rise in futures trading, outpacing peers across enterprise and cloud software segments.

Oracle’s futures gain reflected investor optimism around its AI and cloud infrastructure offerings. The company’s stock has underperformed larger cloud peers over the past quarter, making today’s surge its largest single-session move since December.

Market participants are shifting focus to Nvidia, Microsoft and Meta, all reporting results within 24 hours. Analysts say stronger earnings from these names could validate the rally but warn that any guidance miss may trigger renewed volatility.