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Tragedy in the Sierra: Avalanche Claims Lives of Nine Backcountry Skiers

Snow falls on Tuesday in Truckee, California. Crews were looking for multiple backcountry skiers feared missing after a reported avalanche. A devastating avalanche in California’s Sierra Nevada has claimed the lives of eight backcountry skiers, with a ninth individual presumed dead as rescue efforts continue. Authorities say the group was traveling in a remote, high-risk zone when the slide occurred, burying the skiers under deep, unstable snowpack. Search-and-rescue teams, battling harsh winter conditions and ongoing avalanche danger, recovered multiple victims shortly after the incident. Despite extensive efforts, officials now believe the final missing skier could not have survived. The event marks one of the deadliest avalanche disasters in the state’s history and has renewed calls for heightened caution among winter recreationists. Experts warn that rapidly shifting weather patterns have created unpredictable snow conditions across the region, increasing the likelihood of large...

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Tech Stocks Surge Amid Tariff Relief: A Premarket Rally

Wall Street is buzzing as U.S. stock futures climb, fueled by a temporary reprieve on tariffs for certain electronics. The White House announced exemptions for smartphones, computers, and other consumer electronics, sparking optimism among investors. Tech giants like Apple and Nvidia saw significant premarket gains, with Apple rising 4.7% and Nvidia up 2.1%.

While the exemptions offer a short-term boost, uncertainty looms as President Trump hinted at upcoming tariffs on semiconductors. Analysts remain cautious, noting the potential impact on economic growth and inflation. Despite this, the Nasdaq 100 futures jumped 1.46%, reflecting the market's positive sentiment.

This rally comes after a week of volatility, with the S&P 500 recording its biggest weekly gain since November 2023. As earnings season kicks off, investors will closely monitor corporate results and economic data for further insights.



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