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Here's your afternoon T&B Tech Minute for Tuesday, July 7th.

I'm Anthony Bancy for the Wall Street Journal.

Amazon is expecting to issue at least $25 billion of new U.S. dollar bonds today.

That comes just four months after it issued $37 billion in bonds in the U.S. market.

The company has also raised more than $20 billion by issuing bonds in euros and Canadian dollars in recent months.

Amazon, along with other tech giants like Alphabet, Meta, and Invidia, has been tapping the bond market to

invest in the AI infrastructure boom.

Electric Vehicle Maker Rivian has disclosed plans to sell 75 million shares of common stock.

The automaker said it will use the proceeds from the sale for general corporate purposes,

including equity requirements for a U.S.

Department of Energy loan meant to support construction of its upcoming EV manufacturing facility in Georgia.

Rivian recently began selling the R2, a new SUV with a lower price tag than its previous models.

It's seeking the same level of mainstream sales success Tesla

had with its model Y as it builds up its autonomous driving technology.

And the U.S. trade deficit widened by more than 42% in May as companies imported more

products like pharmaceuticals, vehicles, and semiconductors for the AI boom. That marked its highest level since

March 2025 when companies were racing to import goods ahead of President Trump's new tariff rollouts.

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