It was a quiet day in the markets as the Dow Jones Industrial Average (DJINDICES:^DJI) barely budged, moving down 2.83 points, or just 0.02%. The S&P 500 (SNPINDEX:^GSPC) closed near record levels, edging up 0.97 points, or a mere 0.05%. However, two tech names -- (NASDAQ:AMZN) and Maxim Integrated Products (NASDAQ:MXIM) -- are getting crushed in tonight's after-hours session.

Amazon's growth continues, but the bottom line disappoints, which has been a phenomenal growth story over the years, has faced declining profitability in recent years -- driven in no small part by investments across a broad swath of technologies. This quarter was no different, with the online shopping giant reporting sales of $19.34 billion -- up 23.2% year over year -- and Q2 loss per share of $0.27 (wider than the $0.02 per share loss in the year-ago period).

For the current quarter, Amazon is looking for sales of between $19.7 billion and $21.5 billion -- the midpoint of which ($20.6 billion) slightly missed the $20.83 billion consensus. However, where things get downright ugly is that the company is looking for an operating loss of between $410 million and $810 million -- significantly wider than the $25 million loss from a year ago.

More positively, CFO Tom Szkutak noted on the call that Amazon Prime subscribers are "growing very nicely year over year," even in the face of a price hike from $79 to $99 for a subscription. Further, Amazon is apparently continuing to invest heavily in original content, which, if successful, could add to the value proposition of a Prime subscription.

The shares are down over 10% in the after-hours session as of this writing.

Maxim gets slammed
Shares of Maxim Integrated Products are down 11.20% in the after-hours session, as of this writing, following its earnings report. The company reported $642 million in sales (missing consensus by $8.35 million), and earnings per share of $0.43, missing consensus by $0.05. Guidance wasn't much better, with the company looking for sales of $580 million to $620 million, and earnings per share of between $0.34-$0.40, missing consensus of $676.06 million and $0.51, respectively.

Though the company has some exposure to Apple -- with rumors that it may continue to gain share there, to Cirrus Logic's chagrin -- its mobile business has very high exposure to Samsung, which has seen well-publicized weakness in its own mobile sales -- something Maxim has indicated that it plans to address going forward by broadening its mobile customer base.

Finally, the company announced an increase to its quarterly dividend to $0.28 per share, up 8% from the dividend paid in the prior quarter -- though that's a weak consolation prize in light of the substantial share-price drop.

Ashraf Eassa has no position in any stocks mentioned. The Motley Fool recommends and Apple. The Motley Fool owns shares of, Apple, and Cirrus Logic. 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.