Hyperscaler Bonds Get Lift From Amazon Earnings -- WSJ
Dow Jones2026/07/31 16:50By Sam Goldfarb
Amazon.com's strong earnings are providing a boost to battered AI hyperscaler bonds.
Amazon shares jumped 15% Friday after the company reported accelerating cloud-computing sales. The momentum carried over to its bonds: the extra yield, or spread, investors demand to hold its 6.1% bonds due in 2056 over Treasurys dropped to 1.1 percentage point from 1.23 percentage point Thursday, according to MarketAxess.
Bonds backed by other hyperscalers also rallied relative to Treasurys, including those issued by Meta Platforms, Alphabet and Oracle. Investors have been demanding higher yields to hold those bonds in recent weeks amid increasing concerns over how much the companies will borrow and spend to fund chip purchases and the construction of data centers.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
July 31, 2026 12:50 ET (16:50 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
South Korean stocks extend gains to over 1%
U.S. stocks closed with BNC surging 50.43%
FEMSA’s Tiendas Bara opens MXN 240 million Tlajomulco distribution center in Jalisco
Crypto prices
More
