Amazon.com Rests Less Easily on Its Cloud

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Amazon’s third-quarter earnings will be released Thursday and all eyes will be on its cloud-computing business. djtgallagher explains why the tech giant suddenly has a lot to prove. WSJWhatsNow

Amazon.com, the undisputed leader in the cloud, suddenly has a lot to prove.

Ahead of the tech giant’s third-quarter results Thursday, investors are watching one area in particular: Amazon’s AWS cloud-services unit has been a significant driver of growth and profits at the company over the past five years. But that record took a bit of a beating in the company’s previous report in late July, which showed a notable slowdown in revenue and earnings growth for the unit and a rare shortfall against Wall Street’s targets for the...

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