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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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World Food Program Launches Major Food Aid Effort in Sudan


The United Nations World Food Programme (WFP) has announced a significant scale-up of food aid deliveries to Sudan, aiming to reach millions in the country's most famine-stricken and isolated areas. More than 700 trucks are currently en route, carrying approximately 17,500 tons of food assistance, enough to feed 1.5 million people for one month.

The aid is destined for 14 areas facing severe food insecurity, including the Zamzam camp in conflict-torn Darfur. Laurent Bukera, WFP Regional Director for Eastern Africa, emphasized the critical nature of this effort, stating, "These trucks carry more than just food; they carry a lifeline for people caught in the crossfire of conflict and hunger."

WFP has been working tirelessly to reach isolated conflict zones, and this latest surge is part of their ongoing efforts to support those most in need. The organization has supported seven million people in Sudan this year and aims to reach over eight million by the end of 2024.



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