Amazon (AMZN) reported mixed second quarter results. Earnings of $1.26 per share exceeded estimates of $1.04. Net sales of $147.98 billion was just shy of the expected $148.78 billion.

The e-commerce giant's Q3 operating income forecast was also short of estimates. Amazon expects $11.5 billion to $15 billion. The Street was looking for $15.66 billion, based on the Bloomberg consensus.

For AWS, net sales were $26.28 billion topping estimates of $25.98 billion.

Market Domination Overtime anchors Julie Hyman and reporter Josh Schafer recap the tech giant's results in the video above.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Stephanie Mikulich.