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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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Trump Criticizes Helicopter Altitude Amid Recovery of 41 Victims from Wreckage


In the aftermath of a tragic midair collision between an American Airlines regional jet and a US Army helicopter near Ronald Reagan Washington National Airport, President Donald Trump has raised concerns about the helicopter's altitude. The collision, which occurred on January 30, 2025, resulted in the deaths of all 67 individuals on board both aircraft.

Rescue teams have recovered 41 bodies from the Potomac River, where the wreckage of the aircrafts was found. The National Transportation Safety Board (NTSB) is leading the investigation and has recovered the flight data and voice recorders from the American Eagle jet. A preliminary report is expected within 30 days.

President Trump has criticized the Federal Aviation Administration's (FAA) diversity programs, suggesting they may have contributed to the crash. However, former Transportation Secretary Pete Buttigieg and other GOP lawmakers have urged caution against jumping to conclusions. The investigation is ongoing, and experts emphasize that it is too early to determine the exact cause of the collision.

The crash has been described as the deadliest aviation disaster on U.S. soil in 23 years. Among the victims were elite figure skaters, labor union members, and beloved relatives returning from a training camp in Wichita. The aviation community and the nation mourn the loss of these lives as the investigation continues.


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