<ul><li>Amazon Web Services (AWS) cloud growth and AI demand will be key factors in the company's quarterly earnings report.</li><li>Wall Street expects 19.3% year-over-year growth in AWS revenue, the largest increase in two years.</li><li>In the third quarter, AWS revenue reached a record $27.45 billion and operating profits topped $10.4 billion.</li><li>Amazon's other challenges include potential supply chain costs due to new tariffs and competition from Microsoft and Google in the AI market.</li></ul>

Amazon earnings preview: AWS cloud growth, AI demand, trade wars among key issues to watch

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