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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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Israel Faces Criticism Over Humanitarian Aid Shortfalls in Gaza

 

International aid organizations have reported that Israel has not met the U.S. demands to improve the humanitarian situation in Gaza. Despite a 30-day deadline set by the Biden administration, which included requirements such as allowing a minimum of 350 truckloads of goods into Gaza daily and opening an additional crossing, Israel has fallen short.

The U.S. had warned that failure to comply could lead to a reduction in military support. However, Israeli officials have downplayed the urgency of the deadline, expressing confidence that the issues will be resolved. Aid groups, including the Norwegian Refugee Council and Save the Children, have highlighted that the humanitarian conditions in Gaza are now worse than at any point in the 13-month conflict.

The situation remains critical, with international pressure mounting on Israel to take more substantial actions to alleviate the suffering of civilians in Gaza.


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