"Market Update: US Stocks Pause, Alphabet Falls, Tesla and Bitcoin Rally"

US stocks showed little change as major indices exhibited a subdued trend, with the S&P 500 slipping by 0.2% and the Nasdaq 100 inching up by 0.2%. Small-cap stocks surged, while Treasury yields trended upward and the dollar held steady. Crude oil climbed, and in the cryptocurrency space, Bitcoin surpassed $53,000. Tesla and other EV stocks rallied, while Alphabet fell due to concerns about its Gemini AI tool. Several companies reacted to earnings, with Palo Alto Networks marking the strongest performance, and R1 RCM rallying as majority shareholders considered taking it private.