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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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Netanyahu Criticizes Canadian PM Carney Over Gaza Remarks

Israeli Prime Minister Benjamin Netanyahu has publicly criticized Canadian Prime Minister Mark Carney for comments made during a rally in Calgary. The controversy arose when a protester in the crowd accused Israel of committing genocide in Gaza. Carney responded, "I'm aware. That's why we have an arms embargo," a statement that Netanyahu deemed "irresponsible."

Netanyahu took to social media to express his disapproval, urging Carney to retract his remarks. He emphasized that Israel is engaged in a "just war" against Hamas, a group designated as a terrorist organization by Canada. Carney later clarified that he had not heard the word "genocide" during the protester's statement and was merely referencing Canada's arms embargo on Israel.

The incident has sparked international debate, with some questioning Carney's stance and others defending his clarification. The timing of this controversy is particularly sensitive, as it coincides with heightened tensions in the region and ongoing discussions about Canada's foreign policy.

Carney's office has yet to issue a formal response to Netanyahu's criticism, leaving the matter unresolved for now.

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