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Amazon earnings preview: All eyes on retail and AWS growth

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"We view Azure's [deceleration in the third quarter] as a slightly cautious read for AWS especially since AWS started seeing optimization later than...

Amazon.com Inc. will serve as an economic and tech barometer when the e-commerce powerhouse delivers fiscal second-quarter results on Thursday.

Just... Amazon.com Inc. will serve as an economic and tech barometer when the e-commerce powerhouse delivers fiscal second-quarter results on Thursday. Just as significant will be a focus on Amazon Web Services and whether its growth reaccelerates as the market leader. Last week, Microsoft Corp. MSFT said it expects revenue growth from Azure and other cloud services to continue cooling in the current quarter. Meanwhile, Alphabet Inc.’s GOOGL GOOG Google Cloud revenue grew 28%, topping Wall Street estimates.

 

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