Amazon surges double-digits as the Nasdaq starts sinking

Amazon has surprised with a market-beating result and stronger-than-expected forecast. It's shares surged by double-digits post market, countering a sizeable slide in the Nasdaq Composite index overnight, explains moomoo's Michael McCarthy. And Australian retailers, such as Wesfarmers, are in trouble as their shares head down.

Watchlist: Atlassian, Coinbase, Wesfarmers

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