Stock futures were rising on Friday after a strong batch of tech earnings gave investors confidence that the market can keep a recent rally going.

These stocks were making moves in premarket trading:

Intel surged 27% after the semiconductor maker reported strong first-quarter results. Intel's guidance for the second quarter was also better than expected. Other chip stocks were also rising after those stellar earnings -- Advanced Micro Devices gained 7.2% and Arm added 6.9%.

SAP rallied 6.3% after the German software company beat analysts' targets for first-quarter profit and stood by its 2026 cloud revenue outlook. SAP expects revenue growth to accelerate next year, assuming that the conflict in the Middle East de-escalates.

Comfort Systems USA jumped 7.3% after the heating, ventilation and air conditioning services provider reported better-than-expected earnings and revenue for the first quarter. Comfort Systems also raised its dividend by 14%.

Newmont Mining climbed 0.4% after the gold miner beat Wall Street's first-quarter expectations, notching its sixth straight earnings and revenue beat. High gold prices over the quarter buoyed the company's financials.

Procter & Gamble, HCA Healthcare, SLB, Colgate-Palmolive, and Charter Communications are all set to report earnings on Friday.