Core Viewpoint - Amazon's third-quarter revenue is expected to exceed market expectations, but the performance of Amazon Web Services (AWS) has disappointed investors [1] Group 1: Financial Performance - AWS revenue grew by 18% to $30.9 billion, surpassing the expected $30.77 billion [1] - In contrast, Microsoft's Azure reported a sales growth of 39%, while Google Cloud services grew by 32% [1] - AWS's profit margin decreased to 32.9%, marking the lowest level since the last quarter of 2023 [1] Group 2: Competitive Landscape - Analysts express concern over AWS's growth rate, with D.A. Davidson analyst Gil Luria noting that the 18% growth is disappointing [1] - If Microsoft Azure continues its current growth trajectory, it may surpass AWS by the end of next year, potentially becoming the largest cloud service provider [1]