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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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Defying Justice: White House Deportations Spark Controversy


The White House has come under fire for deporting hundreds of alleged Venezuelan gang members to El Salvador, despite a federal court order temporarily halting such actions. The deportations, carried out under the Alien Enemies Act of 1798, have raised questions about the administration's adherence to the rule of law and the balance of power between the executive and judicial branches.

U.S. District Judge James Boasberg had issued a 14-day suspension on the deportations, citing concerns over the use of wartime powers to justify the removals. However, the administration argued that the court order was issued after the deportees had already left U.S. soil, rendering it inapplicable. Critics, including legal experts and human rights organizations, have condemned the move as a blatant disregard for judicial authority and due process.

The deportees, alleged members of the Tren de Aragua gang, were transferred to a high-security prison in El Salvador under an agreement with the Salvadoran government. While the administration defends its actions as a necessary measure to protect national security, opponents view it as an overreach of executive power with potentially dangerous implications for constitutional governance.

This incident has ignited a broader debate about immigration policy, executive authority, and the treatment of migrants, particularly those fleeing crisis-stricken nations like Venezuela. The controversy underscores the complexities and tensions inherent in addressing issues of national security and human rights.

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