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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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Israel Insists on Right to Act Against Hezbollah in Any Deal to End Fighting

Amid ongoing conflict, Israel's Defense Minister has firmly stated that the country insists on retaining the right to act militarily against Hezbollah in any agreement to end the fighting in Lebanon. This stance is likely to be contested by Lebanon, potentially complicating peace efforts.

The conflict, which erupted into full-scale war in September 2023, has resulted in significant casualties and displacement on both sides. Lebanese officials have called for a return to United Nations Security Council Resolution 1701, which ended the 2006 war between the sides and called for Hezbollah militants and Israeli forces to withdraw from a buffer zone in southern Lebanon.

U.S. envoy Amos Hochstein, who has been working to broker a ceasefire, held a second round of talks with Lebanon's parliament speaker, Nabih Berri, an ally of Hezbollah. Hochstein mentioned that the talks had made "additional progress," and he plans to visit Israel to try to bring the conflict to a close.

The situation remains tense, with both sides showing little inclination to compromise, and the international community closely watching the developments.

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