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Wall Street Braces as Tech Rout Deepens

US markets looked set for another turbulent session as futures for the S&P 500 and Nasdaq pointed lower, signaling continued pressure on the tech sector. A wave of selling has swept through major technology names this week, and Thursday’s pre‑market action suggested the downturn isn’t over yet. Alphabet remained a major drag after its sharp slide, with investors reacting to concerns about rising AI‑related spending and the uncertain payoff timeline. The pullback has added to broader anxiety across the sector, where valuations have been tested by shifting expectations around growth and profitability. Amazon now sits in the spotlight as traders await its upcoming earnings report. With sentiment already fragile, the company’s results could either steady the market or accelerate the sell‑off, depending on how its cloud and retail segments perform. Commodities also reflected the risk‑off mood. Silver prices tumbled, extending a recent decline and underscoring the cautious tone acros...

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U.S. Military Airdrops Meals into Gaza Amid Mass Hunger Crisis

 

In a desperate bid to alleviate the hunger crisis in the besieged Gaza Strip, the United States military has initiated airdrops of essential food supplies. The move comes as the region grapples with severe shortages and mounting humanitarian concerns.

U.S. military C-130 cargo planes executed the airdrop mission, delivering thousands of meals directly into Gaza. The operation aims to provide emergency assistance to the vulnerable population on the ground, where access to food and clean water has become increasingly scarce.

The situation in Gaza remains dire. More than 300,000 Palestinians are living in the northern part of the territory, facing acute shortages of basic necessities. The World Health Organization recently reported that children are dying from starvation, underscoring the urgency of humanitarian intervention.

The U.S. airdrop is part of a broader international effort. Countries including Jordan, Egypt, Qatar, the United Arab Emirates, and France have also conducted similar missions, dropping food and medical supplies over Gaza. Approximately 45 tonnes of aid were distributed across the northern and central regions of the Strip.

While airdrops provide a lifeline to those in need, they are not without controversy. Some experts argue that airdrops can be expensive, haphazard, and may not always reach the intended recipients. However, in the face of an escalating crisis, aid organizations and governments are exploring all available options to prevent further suffering.

As the world watches, the hope is that these airdrops will offer temporary relief to the hungry and desperate residents of Gaza. But the underlying issues—rooted in conflict, political instability, and humanitarian neglect—require sustained attention and comprehensive solutions.


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