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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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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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