Amazon Fresh fund buying shows 98% concentration, with 10-week reporting lag

Amazon.com Inc. climbed 1.1% last week, but it was the bond market showing more demand. The company’s $25 billion eight-tranche bond sale drew about $62 billion in orders—roughly 2.5 times what was offered—as Amazon looks to raise cash for AI investments.

Amazon.com, Inc. slipped 0.69% to finish at $245.34 Friday after a filing on July 9 locked in terms for its new bond issue. Amazon’s $25 billion bond has $13.5 billion of debt due in 2036 or later, which is 54% of the total, as buyers continue to shed longer AI-linked credit. The seven fixed-rate slices carry annual coupon payments totaling $1.306 billion — about 6% above Amazon’s trailing free cash flow of $1.232 billion, which is operating cash after capex.

Amazon.com stock was on track to open lower Thursday, with investors watching a new $25 billion bond sale and the company’s big spending on artificial intelligence infrastructure. Shares finished Wednesday down 1.0% at $243.62 and traded at $240.91 premarket just before 8 a.m. EDT.

Amazon.com shares slipped in early premarket action on Tuesday as Prime Day kicked off, putting the stock in focus during a pullback in big tech names. The stock traded at $231.20, off 0.7%, in delayed premarket action at 8:13 a.m. EDT. It finished Monday at $232.79, down 4.75%. Premarket trading refers to the window before the U.S. open.

Amazon.com shares gained in Thursday afternoon trade after a report said the company is in talks to sell its custom AI chips to external data-center firms, a step that could move Amazon further into a space where Nvidia has led for years.

Amazon.com, Inc. shares fell Friday, last trading at $237.66, off $3.85, or 1.6%. The stock moved between $233.70 and $245.20 during the session, with volume topping 20 million. The drop was notable since both the SPDR S&P 500 ETF Trust and Invesco QQQ Trust traded up, putting more attention on Amazon-specific issues than broader market moves. Stocks are usually up when investors see better earnings or less risk ahead, and head lower when there are doubts about cash flow, margins or price.

Amazon.com, Inc. shares hovered near unchanged Thursday, trading around $238. The stock was steady after taking a hit in the last session. Investors looked at Amazon’s recent financing deal connected to its artificial intelligence infrastructure. AMZN was last seen at $238.57, up 0.24% from the previous close, swinging between $235.25 and $240.50 over the session.

Amazon.com Inc. shares dropped Wednesday after the company said it secured a $17.5 billion loan facility, pointing to AI infrastructure plans turning into real money on the books. AMZN was last at $238.59, off around 2.3%, after opening at $243.41. The stock hit a low of $237.96 earlier in the session.