Amazon Issues $25 Billion in Bonds

Amazon sold an additional $25 billion in bonds. The transaction comes after credit conditions tightened for large technology companies that rely on debt to fund capital spending.

Signs of strain reappeared in the sector.

Credit default swaps for technology names rose after the Iran war began in March 2026, pausing some debt-financed investment plans that had resumed earlier in the year. Oracle shares, which had risen sharply during a May period of market enthusiasm, gave back those gains.

The stock fell nearly 50 percent from its June 2 peak and returned to the lowest level recorded in 2026. The bond sale and share-price movement occurred against a backdrop of reduced debt issuance by hyperscale operators that had faced higher borrowing costs in prior months.