Stocks Rebound as Earnings Lift Microsoft and Alphabet Despite Snap's Slowdown

Dow snaps four-day losing streak, gains over 200 points as investors shift focus to strong earnings.

Microsoft profit jumps 27% to $22B, revenue guidance tops estimates. Shares up 6% after hours.

Alphabet reports 11% revenue growth, advertising rebound pushes expansion into double digits. Shares drop 7% on cloud miss.

Snap shares initially soar 20% on earnings beat, settles to 1% gain as some advertisers pause spending.

Bitcoin breaks out above $35K, potentially signaling greater highs ahead after rangebound trading this year.