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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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Canada Strengthens Border Security: Appoints Fentanyl Czar and Pledges $1.3B Investment in Exchange for 30-Day Tariff Pause

 

In a bid to defuse escalating trade tensions, Canadian Prime Minister Justin Trudeau announced a series of robust border security measures after a productive phone call with U.S. President Donald Trump. As part of a deal that has paused the imposition of 25% tariffs for 30 days, Trudeau revealed plans to invest C$1.3 billion in enhancing border defenses. This multifaceted plan includes the appointment of a “fentanyl czar” to spearhead the fight against drug smuggling, the listing of cartels as terrorist organizations, and the launch of a Canada–U.S. Joint Strike Force to combat organized crime and money laundering.

Trudeau’s commitment also extends to deploying nearly 10,000 frontline personnel to monitor and secure the northern border. The temporary reprieve, secured through a series of high-level negotiations, is intended to provide both nations with additional time to negotiate a longer-term economic deal. This move comes amid a broader U.S. strategy to curb illegal immigration and the flow of deadly opioids like fentanyl, measures that have sparked a mix of relief and strategic recalibrations on both sides of the border.

The decision to delay tariffs for a month reflects the complex balance between national security concerns and the economic interdependence that defines the U.S.-Canada relationship. While the pause gives Canadian industries crucial time to adjust, Trudeau’s sweeping security initiatives underscore Canada’s determination to protect its borders and its economy against the backdrop of an increasingly turbulent international trade environment.


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