Yahoo Finance·2025-12-19 22:31Core Viewpoint - A union-backed investment group is urging Amazon, Alphabet, and Walmart to disclose the potential impacts of new immigration policies under President Trump on their operations and long-term value [1][2]. Group 1: Immigration Policy Concerns - The SOC Investment Group has raised concerns regarding Trump's proposed $100,000 fee on new H-1B visa approvals and its implications for workforce disruptions [2]. - The companies targeted are significant employers of H-1B workers in the U.S., making them particularly vulnerable to immigration policy changes [3]. Group 2: Impact on Operations - SOC's executive director emphasized that the availability of skilled labor is crucial for a company's long-term performance, and failure to hire the right talent could diminish value [3]. - The group has requested Amazon and Walmart to disclose how immigration enforcement actions, such as farm raids, are affecting their logistics and supply chain operations [4]. Group 3: Shareholder Influence - Although SOC holds less than 1% in each company, it, along with allied funds, owns tens of millions of shares across Amazon, Alphabet, and Walmart [4]. - SOC has urged these companies to include its resolutions in their upcoming proxy statements, indicating that legal action may be considered if they do not comply [5]. Group 4: Regulatory Environment - This initiative comes in the context of President Trump's executive order aimed at regulating proxy advisors, which could affect how shareholder votes are influenced [6].