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Wall Street Braces as Tech Rout Deepens

US markets looked set for another turbulent session as futures for the S&P 500 and Nasdaq pointed lower, signaling continued pressure on the tech sector. A wave of selling has swept through major technology names this week, and Thursday’s pre‑market action suggested the downturn isn’t over yet. Alphabet remained a major drag after its sharp slide, with investors reacting to concerns about rising AI‑related spending and the uncertain payoff timeline. The pullback has added to broader anxiety across the sector, where valuations have been tested by shifting expectations around growth and profitability. Amazon now sits in the spotlight as traders await its upcoming earnings report. With sentiment already fragile, the company’s results could either steady the market or accelerate the sell‑off, depending on how its cloud and retail segments perform. Commodities also reflected the risk‑off mood. Silver prices tumbled, extending a recent decline and underscoring the cautious tone acros...
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Hamas Dismisses Trump's Ultimatum, Demands Lasting Ceasefire for Hostage Release

In a recent development, Hamas has dismissed President Donald Trump's ultimatum to release the remaining Israeli hostages held in Gaza. The militant group has reiterated its stance that the hostages will only be freed in exchange for a lasting ceasefire in the Gaza Strip.

Trump's threat came after the White House confirmed unprecedented direct talks with Hamas, marking the first such engagement since the group was designated a foreign terrorist organization by the US in 1997. In a social media post, Trump warned Hamas to release all hostages and return the bodies of the deceased, or face severe consequences.

Hamas spokesperson Abdel-Latif al-Qanoua accused Trump and Israeli Prime Minister Benjamin Netanyahu of attempting to back out of the ceasefire agreement reached in January. The agreement called for negotiations over a second phase, which would involve the release of hostages in exchange for more Palestinian prisoners, a permanent ceasefire, and an Israeli withdrawal from Gaza.

The fragile ceasefire, which has facilitated hostage exchanges and humanitarian aid deliveries, is now at risk of collapse. The failure to secure a lasting agreement could reignite violence and escalate the humanitarian crisis in Gaza.

As the situation remains tense, the international community watches closely, hoping for a resolution that will bring peace and stability to the region.


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