Alphabet (GOOG, GOOGL), the parent company of Google, reported third quarter results that topped Wall Street estimates on both the top and bottom lines. Earnings of $2.12 per share was better than the expected $1.84. Revenue ex-traffic acquisition costs (ex-TAC) was $74.55 billion versus a Bloomberg consensus estimate of $72.88 billion. Overall revenue was $88.27 billion compared to a $86.45 billion estimate. Google Cloud revenue was $11.35 billion compared to the estimated $10.79 billion.

Market Domination Overtime anchors Julie Hyman and Josh Lipton break down the tech giant's results.

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This post was written by Stephanie Mikulich.