Shares of Domo Inc. (DOMO) surged 5.36% in pre-market trading on Wednesday, as the company announced a significant strengthening of its partnership with Amazon Web Services (AWS). The news comes just a day before Domo is scheduled to report its second-quarter earnings.

The cloud software company revealed that it has entered into a strategic collaboration agreement with AWS to drive the rapid adoption of generative AI solutions. This partnership is expected to enhance Domo's capabilities in leveraging artificial intelligence technologies, potentially opening up new avenues for growth and innovation in the data analytics space.

Investors appear to be reacting positively to this development, seeing it as a strategic move that could bolster Domo's competitive position in the rapidly evolving AI market. The timing of this announcement, just ahead of the company's earnings report, has added to the excitement surrounding Domo's stock. Market participants will be keen to hear more details about this partnership and its potential impact on Domo's future performance during the upcoming earnings call.