Amazon earnings preview: AWS is booked up, and Wall Street wants to know what comes next

Andy Jassy says Amazon “could invest a lot more” in AI infrastructure “and it wouldn’t be a bad use of capital.” (GeekWire File Photo / Todd Bishop) Amazon reports third-quarter earnings Thursday afternoon with more demand for its cloud services than it can serve, driven by AI labs such as Anthropic and OpenAI along with growth in its traditional cloud business. One big question for Wall Street going into the report is what Amazon might signal about next year’s spending as it tries to keep up wi