Bond investors haven’t been rattled as they’ve watched AI giants rack up $270 billion in debt this year. But on Tuesday, Amazon gave them a shake.
The company plunked what Bank of America called a “surprise” $25 billion bond sale on the market on July 7, bringing the amount of debt issued by the tech giant to $92 billion this year—surpassing the amounts that Alphabet’s Google, Meta, and Oracle have each issued this year.
