四大云计算巨头仍处于历史性的资本开支扩张周期。摩根士丹利预计，其合计资本开支将由2025年的4130亿美元升至2027年的1.16万亿美元，但2028年仅进一步增至1.29万亿美元，增速可能由约56%降至11%。这意味着市场当前担忧的不只是支出规模，还包括产业链订单在高增阶段结束后如何重新分配。

Iran Foreign Ministry spokesperson Baghaei said on the 27th that those supporting the Ukrainian government must be held accountable after Ukraine's military attacked an Iranian merchant vessel in the Caspian Sea in the early hours of the 25th, killing one crew member and injuring another. Tehran strongly condemned the strike as a violation of the UN Charter, calling it an "act of aggression" and a security threat to Caspian littoral states. Baghaei warned the move will inevitably draw an Iranian response, saying the consequences are unpredictable and could spread globally; Caspian littoral states have expressed concern.

日本首相高市早苗：削减议员人数是自民党的选举承诺。