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Market Cools as Nvidia’s Blowout Earnings Fail to Ignite Futures

  U.S. stock futures were mixed Thursday morning as investors digested Nvidia’s latest blockbuster earnings—results that impressed on paper but didn’t translate into broad market enthusiasm. Dow futures edged slightly higher, while S&P 500 and Nasdaq futures hovered near the flatline, reflecting a cautious mood across Wall Street. Nvidia delivered strong beats on quarterly revenue and profit, along with guidance that topped expectations. Despite the stellar numbers, the stock’s initial surge faded as traders questioned whether the AI boom can continue delivering outsized returns. Shares ultimately pared gains to under 1% in early trading. The broader market’s hesitation stems from growing concerns about the sustainability of heavy AI investment. Salesforce’s weaker outlook added to the uncertainty, dragging software shares and reinforcing fears that not all tech giants will benefit equally from the AI wave. Meanwhile, geopolitical tensions—including renewed U.S.–Iran nuclea...
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Central Gaza Airstrike Claims Lives Amid Leadership Divisions

 

In a tragic incident, an Israeli airstrike in central Gaza resulted in the loss of 20 lives, predominantly women and children. The conflict continues to escalate across the region, with Israel’s leaders grappling over the governance of Gaza in the aftermath of the prolonged war, now entering its eighth month.

Prime Minister Benjamin Netanyahu faces criticism from his own War Cabinet, while his political rival, Benny Gantz, threatens to leave the government unless a comprehensive plan is formulated by June 8. This plan includes the establishment of an international administration for postwar Gaza. Meanwhile, U.S. national security adviser Jake Sullivan is engaging with Israeli leaders to discuss an ambitious proposal: Saudi Arabia recognizing Israel and assisting the Palestinian Authority in governing Gaza, in exchange for a path toward eventual statehood. Netanyahu, however, remains opposed to Palestinian statehood and insists on maintaining open-ended security control over Gaza, collaborating with local Palestinians unaffiliated with Hamas or the Western-backed Palestinian Authority.

As the discussions on postwar planning gain urgency, the conflict continues unabated. Recent weeks have seen Hamas regrouping in parts of northern Gaza that were heavily bombed earlier in the war. Israeli ground troops had already operated in these areas. The recent airstrike in Nuseirat, a Palestinian refugee camp dating back to the 1948 Arab-Israeli war, claimed 20 lives, including eight women and four children. Another strike on a street in Nuseirat resulted in five more casualties, according to the Palestinian Red Crescent emergency service. Additionally, a senior officer in the Hamas-run police was killed in Deir al-Balah, further escalating tensions.

The situation remains dire, with no clear end in sight. As the world watches, the toll of human suffering continues to mount, and the need for a lasting solution becomes increasingly urgent.

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