GMBStaff

 25 Oct 23

tl;dr

<p>Amazon.com (NASDAQ:AMZN) is set to report its third-quarter results on Thursday, with investors closely watching the performance of its cloud and advertising businesses. Amazon Web Services (AWS), the company's cloud business, has been a key contributor to its overall profitability, while i...

Amazon.com (NASDAQ:AMZN) is set to report its third-quarter results on Thursday, and investors will be closely watching the performance of the company's cloud and advertising businesses. These two segments have become increasingly important drivers of growth for Amazon and have the potential to significantly impact its financial results.

Amazon's cloud business, Amazon Web Services (AWS), has been a key contributor to the company's overall profitability. As businesses increasingly shift to cloud-based solutions, AWS has established itself as the leader in the industry, providing a wide range of services and solutions to companies of all sizes. Investors will be looking for signs of continued growth in AWS and any updates on new initiatives or partnerships that could drive future expansion.

In addition to AWS, Amazon's advertising business has been gaining momentum in recent years. With its vast customer data and e-commerce platform, Amazon has built a highly lucrative advertising business that competes with the likes of Google and Facebook. As e-commerce continues to grow, advertising on Amazon's platform has become an attractive option for advertisers and brands. Investors will be interested in seeing how this segment has performed during the third quarter and if there are any new developments or strategies that could further boost its growth.

Overall, Amazon's third-quarter earnings will be closely scrutinized by investors, with a particular focus on the performance of its cloud and advertising businesses. These segments have the potential to drive significant growth for the company and could play a crucial role in determining its future success.

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