Stocks Mixed as Microsoft Jumps on Cloud Strength While Alphabet Slumps on Cloud Woes

Stocks slipped as investors digested mixed earnings from Microsoft (MSFT) and Alphabet (GOOG, GOOGL). Dow rose while S&P 500 and Nasdaq fell.

Alphabet shares dropped over 8% despite earnings beat. Microsoft jumped 4% after strong cloud growth.

Other big tech like Amazon and Meta fell amid mixed outlook. Rising yields pressured tech stocks again.

Deutsche Bank jumped 7% after profit beat. More earnings still ahead.

Futures point to lower open after Alphabet cloud disappointment. Microsoft cloud strength lifted its shares.