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Amazon earnings preview: Cloud growth under watch

News Snapshot:

Amazon (AMZN) will report its third quarter earnings on Thursday after the bell, with the company's cloud business in the crosshairs. It's been a week of mixed cloud results. On Tuesday, Microsoft (MSFT) reported better-than-anticipated growth in its Azure cloud business, while Alphabet's (GOOG, GOOGL) cloud growth numbers disappointed. Amazon Web Services is up next, under pressure to show some numbers. "AWS growth is far and away getting the most airtime with investors," JPMorgan's Doug Anmuth wrote on Oct 19. "We continue to expect AWS acceleration in [the second half of 2023]." Anmuth added that he's expecting to see monetization…

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