Reported about 21 hours ago
Amazon is set to release its third quarter earnings amid concerns that its AWS is not keeping pace with Microsoft Azure and Google's Cloud Platform in the AI space. Despite predictions of improved earnings, the company faces challenges following plans to cut 30,000 jobs and a perception of losing market share in AI. Analysts suggest that while AWS revenue is expected to rise, Wall Street's primary focus will be on the growth of Amazon's cloud services in relation to its competitors.
Source: YAHOO