(Photo : GettlyImages/ SOPA Images ) Amazon stocks suppliers
Amazon is open to doing business with third-party suppliers, but there is a catch. The Wall Street Journal report shows that Amazon demands 30% of the supplier s company at a fixed rate, which is usually below the market valuation.
Amazon s Grip on Suppliers
Amazon has added these kinds of stipulations to contracts with companies that supply it with call center services, aircraft, and Amazon Fresh groceries.
According to The Wall Street Journal, the companies must have supplied Amazon more than 75 times over the last ten years before they can be an official Amazon supplier.
Chipmakers Micron, AMD Become Top WallStreetBets Interests Alongside Clover Health, SoFi Clover Health Investments Corp. (NASDAQ:CLOV) and
SoFi Technologies Inc. (NASDAQ:SOFI) as the stocks seeing the highest interest on Reddit’s r/WallStreetBets forum.
What Happened: Micron emerged as the most-discussed stock on the forum with 525 mentions and was followed by medical insurance technology company Clover Health with 495 mentions during the last 24 hours at press time, data from Quiver Quantitative showed.
AMD took the third spot with 414 mentions, while online personal finance company
SoFi, the most-discussed stock yesterday, fell to the fourth place as it attracted only 362 mentions.
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SoFi Technologies Inc. (NASDAQ:SOFI) and
Clover Health Investments Corp. (NASDAQ:CLOV) are the two stocks seeing sky-high interest on Reddit’s r/WallStreetBets forum.
What Happened: Online personal finance company SoFi Technologies continued to be the most-discussed stock on the forum with 1,088 mentions during the last 24 hours at press time, data from Quiver Quantitative showed.
Medical insurance technology company Clover Health rose to the second spot with 923 mentions, followed by electric vehicle maker
Workhorse Group Inc. (NASDAQ:WKHS) with 501 mentions.
The other stocks that are trending on the forum include e-commerce company
ContextLogic Inc. (NASDAQ:WISH), movie theatre chain
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