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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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Tragic Plane Crash Near DC: No Survivors Expected

A devastating plane crash occurred near Ronald Reagan Washington National Airport on Wednesday night, resulting in the tragic loss of all 64 passengers and crew on board. The American Airlines regional jet collided mid-air with a U.S. Army Black Hawk helicopter, leading to a multi-agency search-and-rescue operation in the Potomac River.

Authorities have confirmed that there are no survivors from the crash. D.C. Fire and EMS Chief John Donnelly stated that the wreckage was found in three sections in waist-deep water, and the recovery operation is ongoing. Twenty-eight bodies have been recovered so far, including 27 from the plane and one from the helicopter.

The crash occurred around 9 p.m. EST when the Bombardier CRJ700 regional jet was on approach to the airport. The collision took place on a clear night, and both aircraft were following standard flight patterns.

President Donald Trump expressed his condolences and praised the efforts of first responders. "May God Bless their souls," Trump said in a statement. "Thank you for the incredible work being done by our first responders."

The Federal Aviation Administration (FAA) and the National Transportation Safety Board (NTSB) are investigating the incident to determine the cause of the collision.

This tragic event has deeply affected the local community and beyond, with many expressing their sorrow and support for the families of the victims.



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