In this spotlight, we look at new issuances linked to shares of Amazon.com Inc (AMZN), which posted doubled net income for the second quarter of the year.
The tech giant closed the second quarter of the year with 10% increase in net sales at US$148.0 billion and doubled net income at US$13.5 billion. Its shares have been on a steady rise since 2023, hitting a record high of US$200.0 in early July. This week, the Washington Post reported that Amazon has aimed to launch the delayed AI Alexa launch subscription in October following a revamp of the voice assistant. As one of the most widely used underlying assets in the structured products market, t
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