A union-aligned investment group asked Amazon (AMZN), Walmart (WMT), and Alphabet (GOOG) (GOOGL) to disclose how President Trump’s immigration policies, including higher H-1B visa fees and enforcement actions, are affecting their finances, labor access, and supply chains, Reuters’ Arriana McLymore and Ross Kerber reports. SOC Investment Group, which holds stakes in all three companies, also sought details on impacts to trucking and farming operations critical to retail stocking.
Claim 55% Off TipRanks
Forget margin or options. Here's how the pros trade AMZNPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMZN:
- CRWV Stock Forecast: 3 Reasons Analysts Say CoreWeave Could Rally Over 100%
- Amazon: Strengthening AI and Cloud Leadership Justifies Buy Rating and $303 Price Target
- ‘Bargains to be Had,’ Says Top Investor About Amazon Stock
- OpenAI held talks with investors on raising about $100B, Information says
- Amazon (AMZN) Is Making a Major Change to Its AI Teams