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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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Eid al-Fitr 2024: A Time of Joy Amidst Global Reflection

 


As the crescent moon heralds the end of Ramadan, Muslims across the Arab world and beyond gather to celebrate Eid al-Fitr, a festival of breaking the fast, marked by communal prayers, feasts, and charity. This year’s festivities are tinged with a global consciousness, as communities worldwide reflect on current events and the true spirit of Eid as a time for unity, compassion, and giving.

In the Waterloo region, the day is filled with various events, embracing the joyous occasion as a public school board PD day allows students to join in the celebrations. Meanwhile, the global Muslim community feels the weight of the ongoing crisis in Gaza, reminding us that Eid is also a time for solidarity and support for those in need.

From the sighting of the moon to the final communal prayers, Eid al-Fitr is a testament to the enduring spirit of a community that, even in the face of adversity, finds reasons to celebrate hope, togetherness, and gratitude for life’s blessings.

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