Amazon earnings primer: Cloud dominance in focus after massive outage as rivals gain ground

1. Amazon will announce Q3 results, expecting $177.8 billion in revenue. 2. AWS growth faces pressure from Google and Microsoft amidst service outages. 3. Amazon's holiday sales projected to increase 11.9% year over year. 4. Amazon implemented significant layoffs, likely largest in company history. 5. Online holiday spending projected to grow slower than last year, impacting Amazon.