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Futures Steady as Tech Selloff Eases; Amazon Drops on AI Spending Surge

U.S. stock futures held steady in early premarket trading after a sharp tech-led decline earlier in the week, giving investors a moment to reassess the sector’s rapid pullback. Major index futures hovered near flat, suggesting a more measured tone after days of volatility. While sentiment remains cautious, some traders appear to be stepping back in following the recent selloff in high‑growth names. Amazon shares slipped in premarket action after the company signaled a significant increase in capital expenditures tied to artificial intelligence infrastructure. The planned investment highlights Amazon’s push to expand its AI capabilities, but the scale of spending raised concerns about near‑term pressure on margins. Market attention now turns to upcoming economic data and corporate earnings, which could help determine whether tech stocks regain momentum or continue to face headwinds. For the moment, futures point to a steadier start as investors look for the next catalyst.
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Urgent Warning for Tourists: New Covid Variant Surge in Greece

 

Tourists planning to visit Greece this summer are being urgently warned about a significant rise in Covid-19 cases due to a new variant known as FLiRT. The Greek National Public Health Organization (EODY) has reported a sharp increase in hospital admissions, with 669 new Covid patients admitted from July 8 to 14, marking a 44% rise compared to the previous four weeks.

The surge in cases has led to the reintroduction of protective measures in some hospitals, including the Metaxa Oncology Hospital in Piraeus, Athens. Visitors are now required to wear masks and adhere to a 48-hour rapid test requirement. The President of the Hospital Doctors’ Union of Athens and Piraeus, Matina Pagoni, emphasized the seriousness of the situation, noting the significant number of hospitalizations and deaths.

Symptoms of the FLiRT variant are similar to earlier Covid strains and include fever, cough, fatigue, loss of taste or smell, sore throat, body aches, shortness of breath, headache, and runny nose. Tourists are advised to take necessary precautions and stay informed about the latest health guidelines to ensure their safety during their travels.

Stay safe and enjoy your travels responsibly!

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