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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 Reasserts U.S. Military Rights Over Diego Garcia Base

U.S. President Donald Trump's motorcade returns to the White House following attending the National Prayer Breakfast in Washington, D.C., U.S., February 5, 2026.

Former U.S. President Donald Trump has reiterated that the United States maintains the right to “militarily secure” the strategic airbase on Diego Garcia if future political developments threaten American access. His remarks follow recent discussions with UK Prime Minister Keir Starmer regarding the agreement transferring sovereignty of the Chagos Archipelago to Mauritius while preserving the joint U.S.–UK military presence.

Trump, who previously criticized the sovereignty deal as a strategic misstep, struck a more measured tone after the meeting. He acknowledged that the UK government had negotiated “the best deal it could,” but emphasized that Washington would act decisively to protect its long‑standing security interests in the Indian Ocean.

The Diego Garcia base remains a critical hub for U.S. military operations, serving as a launch point for missions across the Middle East and Indo‑Pacific. Trump’s comments highlight ongoing geopolitical sensitivities surrounding the archipelago and the enduring importance of the base to U.S. defense strategy.


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