How AWS’s Slowing Growth Can Weigh on Amazon’s Stock Price
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions.
In May’s roundup of cloud wars between Google, Microsoft and Amazon, we explained why Amazon (AWS) holds the global market share dominance at 29%, with Microsoft’s Azure behind at 22% and Alphabet’s GCP at 12%.
Although Amazon benefited greatly from the first-mover advantage, we pointed out that Amazon’s Nova AI model is not keeping pace with ChatGPT, Grok, and Gemini. Given that AI integration goes hand in hand with cloud services, the risk for Amazon Web Services (AWS) is that its AI lag could slowly erode the “stickiness” of its platform.
In other…
