Amazon.com, Inc. (NASDAQ:AMZN) is one of the most promising growth stocks to buy now. On June 8, Amazon.com, Inc. (NASDAQ:AMZN) completed the sale of C$14 billion ($10 billion) in investment-grade bonds in Canada. It marked the largest corporate bond offering in Canadian dollars, attracting C$28 billion in orders from investors amid strong global demand for Canadian bonds.
The US ecommerce giant offered senior unsecured notes across five tranches, with maturities ranging from 3 to 30 years, as part of the bond offering. The yield on the longest tranche is 1.10% above that of government bonds. The five-part bond deal affirms Amazon’s strategy to diversify its funding sources.
The capital raise comes as Amazon looks to pursue opportunities in artificial intelligence. The company has already announced plans to spend about $200 billion on data centers, chips, and other infrastructure related to cloud computing and AI . It has borrowed more than $70 billion since the start of 2025 to finance the expansion drive into new areas of growth.
Amazon.com, Inc. (NASDAQ:AMZN) operates as a global technology and e-commerce company. Its core businesses include the world’s largest online retail marketplace, Amazon Web Services (AWS) for cloud computing, consumer electronics like Echo devices, digital entertainment (Prime Video, Audible), and a massive global logistics and delivery network.
While we acknowledge the potential of AMZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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