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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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Escalation in the Middle East: Hezbollah and Israel Exchange Fire

In a significant escalation of violence, Hezbollah launched dozens of rockets into northern Israel, resulting in multiple casualties and widespread damage. The Israeli military reported that the rockets, along with several drones, targeted various locations, including a drone aimed at Prime Minister Benjamin Netanyahu’s holiday home. This attack led to the death of one person and injuries to several others.

In response, Israel intensified its airstrikes on Gaza, targeting key infrastructure and militant positions. The strikes have resulted in numerous casualties, including civilians, and have further strained the already tense situation in the region. The conflict has seen a significant increase in hostilities, with both sides suffering losses and the civilian population bearing the brunt of the violence.

The international community has called for restraint and a ceasefire to prevent further escalation and to protect civilian lives. However, with both sides entrenched in their positions, a peaceful resolution seems elusive at this time.


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