Good morning, you're listening to Markets Desk.
Amazon delivered a quarter that turned heads on Wall Street, with its cloud unit AWS posting thirty-seven percent revenue growth to forty-two point two billion dollars — its fastest pace in eighteen quarters. CEO Andy Jassy warned the company will spend two hundred twenty billion dollars this year and still cannot build capacity fast enough to meet demand. Shares jumped more than nine percent in after-hours trade.
That AWS surge fits squarely into the broader story reshaping global markets right now. Google, Amazon, Microsoft, and Meta have collectively crossed one trillion dollars in AI capital expenditure since the boom began in two thousand twenty-three. The scale of that commitment is no longer just a tech story — it is a macro one, rewiring supply chains and energy grids alike.
Nowhere is that more visible than Seoul. SK Hynix surged twenty-five percent Friday while Samsung soared more than twenty percent, both tracking the sharp rally in American technology stocks. High-bandwidth memory chips, the kind powering AI accelerators, are at the center of that move, and South Korea's semiconductor heavyweights are riding that wave hard.
That's the tape. Markets Desk, signing off the floor.
