In the short term, with the tech sector scared of a recession coming, many are doing their best to lower their spending.

But in the long run, nearly every company wants to expand in the cloud and plans on expanding their AWS budget.

Since the profitability and growth potential for AWS is still immense and many companies don't want to do the hard work of developing their own cloud infrastructure, $AMZN dip buyers look to be buying AWS and getting the retail business for free.