Technology stocks rebounded strongly on Friday, driven by Amazon’s 13% surge after a robust earnings report. The company’s cloud services and advertising segments outperformed expectations, boosting investor confidence amid earlier concerns over AI sector valuations. Chipmakers also contributed to the rally, helping lift major indices across Europe and Asia, with South Korea’s Kospi leading gains. The shift in sentiment reflected renewed focus on corporate fundamentals and sustainable growth.
In other news, Spain activated emergency military forces in its North African enclaves of Ceuta and Melilla following a large-scale border crossing by undocumented migrants. The deployment aims to strengthen border security and support humanitarian operations as authorities manage the growing influx. The crisis has intensified political pressure across Europe, highlighting ongoing challenges related to migration, security, and regional stability.