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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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Macron's Urgent Search for New Prime Minister Amid Government Resignation

French President Emmanuel Macron is urgently seeking a new prime minister following the resignation of Michel Barnier, who stepped down after a historic no-confidence vote in parliament. Barnier's government, which lasted only three months, was toppled due to his controversial 2025 budget plan that included austerity measures. This political upheaval has left France in a state of uncertainty, with Macron aiming to appoint a successor swiftly to stabilize the situation.

The no-confidence vote, supported by both far-right and left-wing lawmakers, marks the first successful ousting of a French prime minister since 1962. Macron's challenge now is to find a candidate who can navigate the deeply divided parliament and address the pressing issues facing the nation. The president is expected to announce his decision soon, as he prepares to host world leaders for the reopening of Notre-Dame Cathedral.



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