US stock futures fall on Apple warning, gold up

Market Overview - Futures contracts for the S&P 500 Index and the Nasdaq 100 Index slipped 0.2% early Friday, indicating a cautious market sentiment [1][8] - US stocks experienced volatility, with dip buyers entering after a decline driven by concerns over AI spending justifying capital investments [5][8] - Asian shares have risen 8.8% this month, reflecting strength in commodities, despite investor unease over US tech capital spending [2][8] AI Investment Concerns - There is growing skepticism regarding the substantial investments in AI by major tech companies, with Wall Street questioning the timing and returns on these investments [6][7] - Amazon.com Inc. is reportedly in talks to invest up to $50 billion in OpenAI, which is planning a fourth-quarter initial public offering, intensifying focus on AI-related capital spending [5][8] - The "Magnificent Seven" tech giants have led market gains for three years, but skepticism has emerged as the market questions the hundreds of billions spent on AI development [6][7] Regional Focus - Indonesian stocks are under scrutiny following a significant two-day rout, prompting regulatory measures to prevent a downgrade by MSCI Inc., which has affected market confidence [7][8] - The MSCI Asia Pacific Index has climbed 8.7% this month, marking its best January since inception in 1998, despite concerns over tech spending [7][8]