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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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Gaza Ceasefire Deal Reached: Hostages to be Freed Amidst Ongoing Negotiations


In a significant breakthrough, officials have announced a ceasefire deal to end 15 months of fighting in the Gaza Strip. The agreement, brokered by the United States, Qatar, and Egypt, includes the release of dozens of hostages held in Gaza and Palestinian prisoners in Israeli jails. This marks the first real break in violence since a weeklong truce expired in December 2023.

However, Israeli Prime Minister Benjamin Netanyahu has stated that several unresolved clauses remain, and the details are still being finalized. Netanyahu emphasized that the deal must receive approval from his security Cabinet and the full Cabinet before it can be implemented.

The ceasefire deal is set to bring much-needed relief to civilians in Gaza, who have endured a brutal winter amid ongoing conflict. The agreement will also allow displaced Palestinians to return to their homes and facilitate the transfer of humanitarian aid to the region.

While the news has been met with celebration, it is also bittersweet for families of those who have lost loved ones. The release of hostages is a step towards peace, but the journey to fully resolve the conflict continues.



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