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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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Pope Leo XIV Calls for Church to Illuminate the World in First Mass

 

 In his first Mass as pontiff, Pope Leo XIV urged the Catholic Church to serve as a guiding light in a world facing spiritual darkness. Speaking in the Sistine Chapel, where he was elected less than 24 hours earlier, the newly appointed pope emphasized the importance of faith and outreach.

Leo XIV, formerly Cardinal Robert Prevost, is the first American pope in the Church’s history. During his homily, he acknowledged the challenges of modern society, where faith is often dismissed or misunderstood. He expressed his vision for the Church as a beacon of hope, illuminating the “dark nights” of the world and offering guidance to those searching for meaning.

Dressed in simple white and gold vestments, Pope Leo XIV spoke briefly in English before continuing his homily in Italian. He described his role as a “faithful administrator” of the Church and called on Catholics to embrace their mission with joy and conviction.

The Mass was attended by over 130 cardinals, who had gathered for the conclave that elected Leo XIV as the 267th pope. Following the service, the new pontiff was scheduled to have lunch with the cardinals before they departed for their respective dioceses.

Leo XIV’s election marks a historic moment for the Catholic Church, and his first words as pope suggest a commitment to unity, faith, and renewal. As he embarks on his papacy, many will be watching to see how he leads the Church into this new chapter.

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