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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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Israeli Strikes in Gaza and Syria: Escalation Amidst Regional Unrest

 

In a significant escalation of tensions in the Middle East, Israeli forces launched airstrikes targeting both Gaza and suspected weapons sites in Syria. The strikes in Gaza resulted in the deaths of at least six people, including one woman. Among the casualties was Raed Ghabaien, who was killed along with his wife when an Israeli strike hit their tent in Zuweida.

Simultaneously, Israeli forces targeted suspected chemical weapons and missile sites in Syria. This action follows the recent capture of Damascus by Syrian rebel forces, leading to the ousting of President Bashar al-Assad, who has reportedly fled to Moscow.

The U.N. Security Council is set to hold emergency consultations on Syria at Russia's request. Israeli officials have stated that these strikes are aimed at preventing weapons from falling into the hands of extremists.

The situation remains fluid, with international reactions pouring in. Japan has expressed grave concern over the humanitarian conditions in Syria, while the U.S. Central Command has launched its own airstrikes targeting Islamic State group camps in central Syria.

As the region grapples with these developments, the international community watches closely, hoping for a peaceful resolution to the ongoing conflict.



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