U.S. stock futures advanced Thursday as investors digested a mixed bag of quarterly reports. Goldman Sachs shares slipped despite stronger trading revenues and a gain from ending its credit card deal with Apple. Meanwhile, Morgan Stanley rallied after its investment bankers capitalized on a busy fourth quarter for mergers and acquisitions.

TSMC surged 6% after the dominant contract chipmaker posted robust profits fueled by outsized artificial intelligence demand. The Taiwanese giant's results lifted European semiconductor stocks. In other moves, Spotify edged higher after announcing subscription price hikes, while BlackRock climbed as assets under management hit $14 trillion following record quarterly inflows.

Boston Scientific dropped on plans to acquire Penumbra for $14.5 billion, a bold move to expand its vascular pipeline. GE HealthCare fell after a UBS downgrade, citing valuation concerns. Dell rallied following a Barclays upgrade, which expressed growing confidence in the company's AI server positioning.