Stock futures were mostly higher Thursday following a plunge on Wall Street after a poorly received 20-year bond auction pushed Treasuries to lows for the year as yields climbed. Treasuries steadied early Thursday.

These stocks are moving the most Thursday:

Snowflake rose 11% after it reported fiscal first-quarter adjusted earnings that were better than expected and revenue rose 26% from a year earlier to $1.04 billion. It was the cloud-based data storage company's first-ever $1 billion revenue quarter. Product revenue -- derived from Snowflake customers' consumption of compute, storage, and data transfer -- also increased 26% from the previous year to $996.8 million and beat Wall Street estimates. The company said it expects second-quarter product revenue of between $1.035 billion and $1.04 billion, higher than consensus of $1.02 billion.

Shares in major quantum computer companies were on the rise again in premarket trading on Thursday, highlighting what has been a volatile couple of weeks for a nascent industry that continues to captivate. Arqit Quantum rose 9%; SEALSQ rose 8%; Quantum Computing rose 4%; Rigetti Computing rose 3%.

Crypto stocks jumped in premarket trading. Canaan rose 6%; CleanSpark rose 5%; MARA Holdings, TeraWulf, Riot Platforms, and Coinbase rose 3%; Strategy rose 2%.

Navitas Semiconductor shares surged 177% in premarket trading following the announcement of a collaboration with Nvidia to develop an advanced 800V high-voltage direct current (HVDC) architecture for AI data centers.

AT&T Inc slipped in premarket trading after the telecommunications giant agreed to acquire substantially all of Lumen Technologies residential fiber broadband network for about $5.75 billion in cash. Lumen's Mass Markets fiber business includes about 1 million fiber customers, including residential and business customers, and reaches more than 4 million fiber locations across 11 states. Lumen shares jumped 14%.

UnitedHealth declined 2%, Humana was falling 4.2%, and CVS Health fell 1.9% after the Centers for Medicare & Medicaid Services announced it was expanding its auditing efforts for Medicare Advantage plans. "Beginning immediately, CMS will audit all eligible MA contracts for each payment year in all newly initiated audits and invest additional resources to expedite the completion of audits for payment years 2018 through 2024," the agency said in a statement.

Nike was up 2.5% after the sportswear company said it plans to sell products on Amazon.com's U.S. site for the first time in more than five years. Nike stopped selling to Amazon directly in November 2019 to focus on its direct business, according to The Wall Street Journal.

Shares of Urban Outfitters soared 18% after the conglomerate of apparel brands reported an increase in first-quarter earnings and sales. The company's three main brands -- Anthropologie, Free People, and its namesake brand Urban Outfitters -- each posted sales increases in the period.

Alphabet was up 1.2% in premarket trading. The stock rose 2.8% on Wednesday, bucking the stock market's slide, as investors -- initially cool to the company's new artificial-intelligence offerings -- warmed to its AI developments.

CoreWeave, Inc. rose 6.4% after ending Wednesday's session with a gain of 19%. The stock rose sharply as the AI cloud company announced it had priced $2 billion of senior notes with a 9.25% interest rate due in 2030. CoreWeave told Barron's the deal size was upsized by $500 million and was five times oversubscribed.