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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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Renewed Conflict in Gaza: Over 85 Lives Lost in Israeli Strikes

In a tragic escalation of violence, Israeli airstrikes across Gaza have claimed the lives of at least 85 Palestinians, according to local health authorities. The strikes targeted multiple homes, leaving behind devastation and grief. This renewed assault follows the breakdown of a ceasefire that had provided a brief respite to the region.

The strikes, which occurred overnight, have drawn widespread condemnation and raised concerns about the safety of civilians in the densely populated area. Reports indicate that many of the victims were women and children, highlighting the human cost of the ongoing conflict.

The Israeli military has stated that its operations are aimed at targeting militants, but the high civilian toll has sparked international outcry. Meanwhile, Palestinian groups have reportedly launched retaliatory attacks, further intensifying the situation.

This tragic development underscores the urgent need for renewed diplomatic efforts to bring an end to the violence and address the underlying issues fueling the conflict. The international community is closely monitoring the situation, with calls for immediate action to prevent further loss of life.

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