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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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Administrative Error Leads to Controversial Deportation

The Trump administration recently admitted to an "administrative error" that resulted in the deportation of Kilmar Abrego Garcia, a Maryland resident, to El Salvador. Despite a 2019 court ruling granting him protection from deportation due to credible fears of persecution, Abrego Garcia was mistakenly sent to a Salvadoran mega-prison on March 15, 2025. 

Abrego Garcia, who has lived in the U.S. since he was 16, fled gang violence in El Salvador. He resides with his U.S. citizen wife and their child. The deportation occurred under the Alien Enemies Act, a rarely invoked 18th-century law, as part of a broader immigration crackdown. The administration has stated that it cannot facilitate his return, citing jurisdictional limitations.

The case has sparked legal and political debates, with critics highlighting the potential dangers Abrego Garcia faces in El Salvador and questioning the administration's adherence to legal protections. His attorneys continue to advocate for his safe return to the United States. 


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