Amazon shares surged 13% after AWS posted 37% revenue growth, and the Roundhill AMZN WeeklyPay ETF matched that gain while delivering weekly distributions at roughly a 40% annualized rate. AWS revenue reached $42.232 billion with a 39.4% operating margin, the fastest pace in 18 quarters, while overall revenue came in at $200.606 billion, up 19.62%. Unlike typical covered-call ETFs that sacrifice upside during big rallies, AMZW's swap structure tracked AMZN's full move while still paying weekly cash. The fund's 1% fee, variable payouts, and June 2025 launch date make it best suited as a satellite holding in tax-advantaged accounts.
