Amid Amazon's (AMZN) move into the grocery space with Whole Foods, TheStreet's founder and Action Alerts PLUS portfolio manager Jim Cramer said many companies are pulling back and reassessing whether or not to use Amazon Web Services.

Cramer pointed to Target's (TGT) decision to scale back use of Amazon Web Services following Amazon's Whole Foods deal.

"The long knives are out for Amazon," Cramer said.

Amazon's rivals in the cloud space include Microsoft (MSFT) and Alphabet's Google (GOOGL) . Former Apple (AAPL) CEO John Sculley told TheStreet in an interview AWS could be worth more than $100 billion. 

Watch all of Jim Cramer's latest videos, right here:

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