Name: Amazon to round of big tech earnings: Heres what to know
Uploaded: 2025-10-30T19:46:57.872Z
Duration: 1 min 47 s
Description: Amazon is scheduled to report third-quarter earnings after markets close on Thursday, and all eyes are likely to be on the e-commerce giant’s cloud business.

Amazon is scheduled to report third-quarter earnings after markets close on Thursday, and all eyes are likely to be on the e-commerce giant’s cloud business.

San Francisco

Amazon is preparing to release its latest earnings report, drawing attention to the performance of its cloud division, Amazon Web Services (AWS), and the company's investments in artificial intelligence. Despite AWS maintaining a leading 30% share of the cloud market, Amazon faces increasing competition as Google and Microsoft grow their cloud revenues at a faster rate, and rivals expand their AI partnerships.

Industry analysts are closely watching whether Amazon can demonstrate a clear return on its AI investments and maintain its leadership in cloud services. The company is also under scrutiny for its backlog pipeline, which is reportedly weaker than that of Microsoft and Oracle, raising questions about future revenue growth.

Amazon to round of big tech earnings: Here's what to know

Amazon also reporting tonight just in case you thought you got all the cross currents for the day's stock drivers down the street watching for growth in A.W.S. and a return on its A.I. investments. Mackenzie Segal is more on what to expect in today's tech check. Mac you've had a busy week. Yes it has been alphabet yesterday. Amazon today their stock really trades on its cloud business and it has been a rough few quarters for Amazon with Google Meta and Microsoft all raising their capex and their latest quarterly prints. Amazon is under intense pressure to show that it has a plan to hold on to its number one spot in cloud. Now I will say A.W.S. still commands 30 percent of the market which is a healthy lead over Microsoft Azure at 20 percent. And while both Google and Microsoft are growing cloud revenue faster than Amazon that's largely a function of scale since A.W.S. is starting from a bigger base. But backlog is key and Amazon heads into earnings with a weaker pipeline than Microsoft and Oracle though A.W.S. CEO Matt Garmin told me backlog. It's not a perfect metric to gauge future revenue growth pointing to Oracle's surge being based off multi year deals that aren't online yet. But it still matters. Now the real tension though is positioning. Amazon has lost key A.I. workloads to rivals. Anthropic its marquee A.I. partner just expanded its deal with Google Cloud and then Meta which once leaned on A.W.S. recently signed a fresh contract to expand its compute with alphabet. And this is Amazon's entire A.I. play right now to be the operational backbone powering large models. So the question going to earnings is really whether Amazon could not only match the scale of competitors on CapEx but also show an R.O.I. on that spent.

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