The following video is part of today's MarketFoolery podcast, in which host Chris Hill, senior analyst Jason Moser and advisor Joe Magyer discuss the latest business news.  The guys analyze Amazon's latest quarterly earnings and share why Wall Street overreacted to the results.  They also discuss how Amazon's Prime membership stacks up to Costco's membership and why Netflix is more dependent on Amazon than investors might think.

Chris Hill owns shares of Amazon. The Motley Fool owns shares of Costco Wholesale and Amazon.com. Motley Fool newsletter services have recommended buying shares of Netflix, Costco Wholesale, and Amazon.com. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.