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Amazon earnings: All eyes on cloud growth for AWS?

Josh Lipton and Julie Hyman

Amazon (AMZN) will report its first quarter earnings alongside other tech giants like Apple (AAPL) this week. Creative Strategies CEO and Principal Analyst Ben Bajarin joins Market Domination to discuss Amazon's upcoming earnings and why investors should pay attention to how Amazon Web Services performs.

On what to expect with AWS, Bajarin states: "Everybody is going to be looking at cloud growth for AWS. Right now, it's super trendy to talk about CapEx, everyone wants to see what the hyperscalers are spending in terms of new infrastructure, buying AI servers, creating 'AI factories,' as Nvidia (NVDA) likes to call them. I think that's what's going to be a big spotlight, what Amazon's growth is doing in terms of AWS. I think it's probably predictable it will be healthy, somewhat double-digit. Where are they going, where are they guiding, and what CapEx are they investing?"

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

This post was written by Nicholas Jacobino