Amazon's $496 Billion Backlog Fuels AMZY's Attractive Weekly Income

Amazon's AWS backlog is estimated to be worth $496 billion, and AMZY, an ETF that tracks Amazon's revenue growth, offers a potential way for investors to tap into this lucrative market.

The ETF has a weekly income of around 1.5% from the expected AWS backlog, making it an attractive option for those seeking regular returns.

While some may question the reliability of such estimates and the potential risks associated with investing in AMZY, proponents argue that the ETF provides a unique opportunity to participate in Amazon's continued growth.