Tech Earnings in Focus as Microsoft, Alphabet Report amid Market Unease

Tech stocks rallied this year but have stalled recently due to rising rates, regulatory concerns, and geopolitical tensions.

Investors are counting on strong earnings from Microsoft and Alphabet to justify tech valuations and restart the rally.

Microsoft's Azure cloud growth and Alphabet's ad revenues will be closely watched.

Tech giants like Microsoft, Alphabet, Meta, and Amazon accounted for all of the S&P 500's gains this year.

There are signs of investor skittishness ahead of earnings, with tech stocks dropping from recent highs.