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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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Israel Successfully Intercepts Houthi Missile from Yemen


The Israeli Defense Forces (IDF) successfully intercepted a ballistic missile launched by Yemen's Iran-backed Houthi rebels late Monday night. The missile was intercepted before it entered Israeli airspace, triggering sirens across central Israel. Fortunately, there were no reports of casualties or major damage.

The Houthi rebels have been launching missiles and drones at Israel since the start of the war in Gaza on October 7, 2023, claiming solidarity with Palestinians. This recent attack is part of a series of missile launches aimed at Israel, with the Houthis vowing to continue their assaults until the Gaza conflict ends.

In response to the missile launch, Israel conducted retaliatory strikes targeting Houthi infrastructure, including the Sanaa International Airport and power stations. The United States and the United Kingdom have also conducted strikes against Houthi targets in the Red Sea area.

The situation remains tense as both sides continue their attacks, raising concerns about the potential for further escalation in the region.




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