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Wall Street Pauses as Tech Weakness Weighs on Futures

  U.S. stock futures were mixed as investors navigated lingering volatility following a sharp pullback in major technology names. Dow Jones futures showed a slight uptick, while S&P 500 futures hovered near flat. Nasdaq futures, however, continued to drift lower, reflecting ongoing pressure in the tech sector. The recent downturn in high‑growth technology stocks has prompted a broader shift in market sentiment, with traders rotating toward more defensive positions. Concerns about the sustainability of tech valuations and the impact of AI‑driven competition have added to the cautious mood. Attention now turns to Alphabet’s upcoming earnings report, which is expected to play a pivotal role in shaping the market’s next move. With investors eager for clarity on the company’s AI strategy and advertising performance, the results could either steady the tech landscape or deepen the current uncertainty.

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Families Flee New Israeli Assault in Gaza’s Khan Younis

In the midst of the ongoing Israel-Hamas conflict, families in Gaza’s Khan Younis are facing a dire situation. Israeli tanks have returned to the southern city, forcing thousands of residents to evacuate along congested roadways. Displaced Palestinians are fleeing on foot, with their belongings piled onto donkey carts and motorcycle rickshaws. The safety of designated humanitarian areas remains uncertain, as they have been attacked in the past. Meanwhile, leaders from the United States, Egypt, and Qatar are attempting a last-ditch effort to revive ceasefire talks. The situation remains tense, and civilians continue to bear the brunt of the violence. 

Previous rounds of negotiations have failed to yield a lasting ceasefire, but the upcoming talks scheduled for August 15 offer a glimmer of hope. As the conflict persists, families in Khan Younis remain caught in the crossfire, desperately seeking safety and relief from the relentless assault. 


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