European technology stocks were rallying on Friday after Amazon (AMZN - Get Report) , Alphabet (GOOGL - Get Report) and Microsoft (MSFT - Get Report) shares spiked Thursday on stellar quarterly earnings.
The STOXX Europe 600 Technology index was up 1.08%, extending a three-month gain of more than 7%.
Apple (AAPL - Get Report) suppliers were also up in morning trading getting a boost from the iPhone X. Chipmakers Dialog Semiconductor shares were up 1.24% to €39.99, ASM International (ASMIY was up 1.06% in Amsterdam to €56.49 and ASML (ASML - Get Report) was marked 0.79% up, changing hands at €153.40. Apple on Friday will start taking pre-orders for the special edition iPhone.
Digital security company Gemalto (GTOMY was the biggest riser, gaining more than 10% after its third quarter earnings reassured investors following four profit warnings last year. Gemalto shares were changing hands at €35.49.
The European tech sector was boosted by earnings from some of the U.S.'s biggest tech companies -- Amazon, Alphabet, Twitter (TWTR - Get Report) and Microsoft - which outstripped analyst expectations.
Amazon shares jumped almost 8% to trade above $1,000, after the online retailer reported a 34% jump in sales to $43.7 billion in the three months to the end of September and net income of $256 million.
Alphabet reported a 24% rise in sales to $27.8 billion, sending shares up 3% to also trade above $1,000.
What former Apple CEO John Sculley told us about innovation.
More of What's Trending on TheStreet: