HomeInvestingEarningsAmazon (AMZN): AWS Lagging Behind Google Cloud?
Amazon (AMZN): AWS Lagging Behind Google Cloud?

Most of Amazon (AMZN) revenue and profits come from AWS. “Amazon is very good in the retail space, but also on the cloud side. Google Cloud Platform social media mentions are up 50% year-over-year, while Amazon Web Services mentions are up 28% for the same time period. However, for the upcoming earnings report, the cloud business could be a positive. Also, Amazon Prime mentions continue to grow with the bonus Prime day and NFL partnership. Jeff Bezos started to wave some yellow flags before the earnings call, which could mean a weakness in consumer spending,” says LikeFolio’s Andy Swan. Tom White and Kevin Hincks weigh in on ecommerce trends.

Fast Market

27 Oct 2022

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