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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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Ankara Positions Itself as Mediator Amid Rising U.S.–Iran Tensions

                                            Turkish President Recep Tayyip Erdogan

Turkey is stepping forward as a diplomatic bridge as tensions between the United States and Iran continue to escalate. President Recep Tayyip Erdoğan stated that Ankara is “doing its best” to prevent the situation from spiraling into open conflict, emphasizing Turkey’s long‑standing role as a regional stabilizer.

Erdoğan highlighted the risks that a confrontation between Washington and Tehran would pose not only to the Middle East but to global security and economic stability. He noted that Turkish officials have been in communication with both sides, urging restraint and encouraging dialogue.

While the details of Turkey’s mediation efforts remain limited, Erdoğan’s comments signal Ankara’s desire to assert itself as a key diplomatic actor at a moment of heightened uncertainty. Analysts say Turkey’s geographic position, NATO membership, and ties with both nations give it a unique—though challenging—role in de‑escalation efforts.

As the situation evolves, Turkey appears intent on preventing further destabilization and positioning itself as a voice for negotiation rather than confrontation.


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