The Zip Co Ltd (ASX: Z1P) share price has spent all morning in the red, dumping more than 6% in today’s trading session.

After closing yesterday at $8.78, the Zip share price has see-sawed from $8.53 to as low as $8.21. At the time of writing, shares in the popular buy now, pay later (BNPL) provider are swapping hands for $8.32, a drop of 5.30%.

Let’s take a look at what happening with the company today.  

Zip share price tumbles with overall market

Zip has not released any price-sensitive news that could explain today’s bearish price action. It’s possible shares in the BNPL company could be feeling the effects of weakness in the overall market.

At the time of writing, the S&P/ASX 200 Index (ASX: XJO) is well in the red today, with Zip being the second-worst performer in the index after Afterpay Ltd (ASX: APT) which has plummeted almost 7%.  

In addition, the Zip share price had rallied more than 14% since Tuesday, which could be prompting investors to lock in profits.

Snapshot of the Zip share price

Overall, it has been a turbulent month for the Zip share price thus far.

Shares in Zip surged more than 13% yesterday following speculation that a rival BNPL provider acquired a stake in the company.

Although there has been no confirmation, Commonwealth Bank of Australia (ASX: CBA)-backed Klarna reportedly took a 4% stake in Zip.

Shares in Zip have also been one of the most shorted on the ASX. it appears some investors are pessimistic on the outlook for the company’s Quadpay business as Afterpay expands into the US.

Despite today’s turbulent price action, the Zip share price is still more than 58% higher for the year. However, the company’s shares are currently trading a long way off their all-time highs of $14.53 back in February.

The post The Zip (ASX:Z1P) share price is sinking today appeared first on The Motley Fool Australia.

More reading

• ASX 200 midday update: Afterpay & CBA sink, Viva Energy jumps
• It’s been a big month for the Zip (ASX:Z1P) share price
• Here are 3 of the ASX 200’s most heavily traded shares today
• Why Alkane, Audinate, Megaport, & Zip shares are rising today
• ASX 200 midday update: Zip rockets, AMP asset sale

Motley Fool contributor Nikhil Gangaram has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended AFTERPAY T FPO and ZIPCOLTD FPO. The Motley Fool Australia owns shares of and has recommended AFTERPAY T FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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At lunch on Friday, the S&P/ASX 200 Index (ASX: XJO) is out of form and looks set to record a disappointing decline. The benchmark index is currently down 1.4% to 7,239.8 points.

Here’s what is happening on the ASX 200 today:

Tech shares sink

The Australian tech sector is under pressure today and weighing heavily on the ASX 200 index. The likes of Afterpay Ltd (ASX: APT) and Zip Co Ltd (ASX: Z1P) are recording notable declines, leading to the S&P/ASX All Technology Index (ASX: XTX) falling 2.6%. Investors have been selling tech shares following a poor night of trade on the Nasdaq index.

Viva Energy update

The Viva Energy Group Ltd (ASX: VEA) share price is charging higher today following the release of a first half update. That update reveals that the energy company had a very strong first half thanks to sales growth from its non-aviation businesses. In light of this, the company expects operating earnings of $390 million to $410 million for the six months. This will be an increase of 34% over the pre-pandemic levels of FY 2019.

Bank shares weigh on the ASX 200

Also weighing on the ASX 200 today are the big four banks. All four banks are on course to end the week in the red, with the Commonwealth Bank of Australia (ASX: CBA) share price the worst performer in the group. The shares of Australia’s oldest bank are down 1.6% at lunch. Broad market weakness caused by global economic recovery concerns appears to be behind this decline.

Best and worst ASX 200 performers

The best performer on the ASX 200 on Friday has been the Viva Energy share price with a 5% gain. This follows its half year update. The worst performer has been the Afterpay share price with a 5.5% decline following the weakness in the tech sector today.

The post ASX 200 midday update: Afterpay & CBA sink, Viva Energy jumps appeared first on The Motley Fool Australia.

More reading

• Why the Fortescue (ASX:FMG) share price is getting left behind in 2021
• It’s been a big month for the Zip (ASX:Z1P) share price
• The Afterpay (ASX:APT) share price has now soared 25% in the last month
• Can the ASX 200 hit 8,000 points by the end of the year?
• Here are 3 of the ASX 200’s most heavily traded shares today

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended AFTERPAY T FPO and ZIPCOLTD FPO. The Motley Fool Australia owns shares of and has recommended AFTERPAY T FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The AML3D Ltd (ASX: AL3) share price is racing higher in mid-morning trade following a positive update from the company.

At the time of writing, shares in the advanced 3D parts manufacturer are up 10.26% to 21.5 cents after touching an intraday high of 22.5 cents in early trading.

What did AML3D announce?

Investors are driving the AML3D share price higher today after the company unveiled plans to establish a new research and development (R&D) facility.

In its release, AML3D advised it will set up an arcemy unit at the ‘Factory of the Future’ in Tonsley, Adelaide. Currently, the state-of-the-art factory is under development by Flinders University and BAE Systems Maritime Australia (BAE).

AML3D’s arcemy unit is a portable 3D printing system that can design and deliver additive manufacturing to a wide range of weldable materials and alloys.

AML3D managing director Andrew Sales said the R&D facility would form the basis of a large-scale additive manufacturing capability:

The trials and research projects to be undertaken at the facility in conjunction with BAE Systems Maritime Australia and Flinders University will enable AML3D to further develop its large-scale metal additive manufacturing capability through added features such as in process measurement, monitoring and adjustment that will improve quality.

BAE’s continuous naval shipbuilding strategy director Sharon Wilson noted that the facility could pave the way for potential applications in naval shipbuilding. She added:

The establishment of a permanent Line Zero facility will support the development of new manufacturing techniques and technologies within a factory-like environment that will ultimately be adapted to the state-of-the-art digital shipyard at Osborne, and beyond.

AML3D said its collaboration with Flinders University was expected to lead to further technological breakthroughs. Students at the public research university will be able to participate in advancing metal additive manufacturing research projects. This will allow researchers to explore future applications of AML3D’s technology.

AML3D share price summary

AML3D shares shot up to 73 cents in September 2020 before heading on a continued downwards trend. Although the company’s share price is up 4.88% over the past 12 months, year-to-date it’s fallen more than 40%.

AML3D has a market capitalisation of around $21 million, with approximately 99 million shares on its registry.

The post Why the AML3D (ASX:AL3) share price is rocketing 10% today appeared first on The Motley Fool Australia.

More reading

• Here’s why the AML3D (ASX:AL3) share price is rocketing 27% today
• Why the AML3D (ASX:AL3) share price is soaring 7% today

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Leading Australian fund manager, Prime Value, recently released an update on the fund’s portfolio for May 2021. In addition to highlighting companies that have outperformed in its portfolio, the fund also notes ASX companies that have underperformed.

Among the fund’s underperformers for the period was Elders Ltd (ASX: ELD).

Let’s find out more about the way Prime Value selects its holdings and why the fund is backing the Elders share price.

Why Prime Value is backing the Elders share price

Prime Value uses a number of criteria when selecting investments. These principles include selecting companies with strong management and good business models that offer compounding growth over time.

According to the fund, the track record of Elders in creating shareholder value of time espouses these factors.

The fund noted that Elders is well-positioned to benefit from its integration strategy to drive gross margin improvements. The company’s strategy should also result in savings across a broader range of products that Elders can distribute to the agriculture sector.

In addition, Prime Value noted that the strategy implemented by Elders will reduce the company’s reliance on the volatile agricultural environment.

Snapshot of the Elders share price

Elders is a leading supplier of fertiliser, agricultural chemicals and animal health products to rural and regional Australia. The agribusiness company also has strong positions in livestock, wool and real estate.

Overall, the Edlers share price has performed relatively strongly in 2021. Shares in the agribusiness are up more than 9% since the start of the year.

However, for the month of May, the Elders share price tanked more than 7%. This explains why Prime Value labelled the company as an underperformer for the month.

The Elders share price tumbled in May after the company released its half-year results for the 6 months ending 31 March 2021.

Elders reported a 31% increase in underlying profit after tax of $68.2 million. In addition, total sales for the period were 22% higher at $1.1 billion. Underlying earnings before interest, taxes, depreciation, and amortisation (EBITDA) also increased 28% to $94.3 million.

Elders also flagged a $16.5 million increase in costs. The company attributed rising costs to acquisitions, higher insurance costs and investment in strategic areas.  

In addition, Elders rewarded shareholders with a sharp increase in interim dividends. The company declared a 20-cent interim dividend per share, compared to 9 cents in the first half of FY20.

The post Why this leading fund manager is backing better times ahead for the Elders (ASX:ELD) share price appeared first on The Motley Fool Australia.

More reading

• The ASX shares benefiting the most from the company spending boom

Motley Fool contributor Nikhil Gangaram has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Elders Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Humm Group Ltd (ASX: HUM) share price is sliding lower on Friday. This comes as the company revealed it potentially had past exposure to Forum Finance, which is currently embroiled in fraud allegations.

At the time of writing, the Humm share price is trading 3.47% lower to 98 cents a share.

Potential fraud exposure details

On Wednesday, my Fool colleague, Tristan covered details of Westpac Banking Corp (ASX: WBC) uncovering significant potential fraud. The matter concerns a portfolio of equipment leases with Westpac customers arranged by Forum Finance.

The bank reported it had roughly $200 million after-tax of exposure to the matter. The actual loss will be determined by the outcome of investigations and recovery actions.

In the case of Humm, the company announced today its decommissioned Flexigroup managed services business may have been exposed to Forum Finance. Specifically, between 2016 and 2018 when the business provided finance to a number of vendor programs in the Australian market.

“Records indicate that Flexigroup Managed Services generated business linked to Forum Finance between 2016 and 2018,” the company stated. Recent investigations prompted a review of historical records which uncovered the finding.

However, Humm has since sold the majority of these assets to a third party, transferring them off of the company’s balance sheet in the process. Although, that hasn’t seemed to stem the downward pressure on the Humm share price today.

Moreover, the company is yet to confirm whether those specific assets are fraudulent. Hence, investigations remain ongoing as a result. Humm’s initial review puts the company’s potential on-sold exposure at $12 million post-tax. Importantly, no exposure exists on its current lines of business.

Humm share price snapshot

Unfortunately for shareholders, the revelations come on top of an already poor year for the Humm share price. So far in 2021, the company’s shares have devalued by 12.8%. Similarly, the value of the shares has fallen 19.3% in the past year.

Finally, based on the current Humm share price, the company holds a price-to-earnings (P/E) ratio of 16.64.

The post Why the Humm (ASX:HUM) share price is falling on Friday appeared first on The Motley Fool Australia.

More reading

• Why the Humm Group (ASX:HUM) share price is climbing today
• Citi plans to disrupt Afterpay (ASX:APT) and Zip (ASX:Z1P)

Motley Fool contributor Mitchell Lawler has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Humm Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Shares in Santos Ltd (ASX: STO) has dipped this morning amid reports its CEO has warned of the importance of carbon capture and storage (CCS) in the Australian energy sector.

At the time of writing, the Santos share price is $7.11, 0.35% lower than its closing price yesterday.

However, it’s performing better than the broader market today. Currently, the S&P/ASX 200 Index (ASX: XJO) is down 1.08%.

Let’s take a look at what Santos’ CEO Kevin Gallagher has to say about CCS.

‘Essential’ for Australian energy companies

According to Gallagher, for Australia’s energy sector to continue to attract foreign investment, gas and oil companies must employ CCS initiatives.

CCS is the process of capturing carbon before it enters the atmosphere and storing it underground so to reduce emissions.  

Gallagher’s comments were published by the Australian Financial Review (AFR) today. They echo those he made to the annual oil and gas industry (APPEA) conference last month.

According to the AFR, Gallagher believes Australia’s expansive unused land and numerous exhausted oil and gas fields makes it better suited for CCS initiatives than other nations.

Last month, Gallagher declared many investors and lenders globally were refusing to fund gas and oil companies due to climate concerns.

Perhaps in reaction to climate concerns, Santos has partnered with Beach Energy Ltd (ASX: BPT) to build a CCS project in South Australia. Santos successfully completed the final trial at the Moomba project in October. As part of the trial, the company injected 100 tonnes of carbon dioxide into depleted gas reservoirs at the project. The company expects a final investment decision for the project in September.

Gallagher was quoted by the AFR as saying:

Carbon capture and storage is more than an opportunity, I believe it is essential for companies like Santos to have in our portfolio.

The AFR reported that Gallagher has already received strong interest in the Moomba project from Japanese and South Korean customers.

However, the Climate Council states fossil fuel companies engaging in CCS are likely to be spending 6 times more than it costs to produce renewable energy. In January, the organisation claimed there were no successful CCS projects operated by fossil fuel companies anywhere in the world.

Santos share price snapshot

Despite today’s slump, the Santos share price is 10% higher year to date. It has also gained 34% since this time last year.

The company has a market capitalisation of around $14.9 billon, with approximately 2 billion shares outstanding.

The post Santos (ASX:STO) share price slips as CEO says carbon storage crucial appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Friday
• How new US oil forecasts could impact ASX energy shares
• 5 things to watch on the ASX 200 on Wednesday
• Why ASX energy shares are set to rise again today
• ASX energy shares in hotseat as OPEC+ struggles to contain crisis

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Althea Group Holdings Ltd (ASX: AGH) share price is on course to end the week on a positive note.

In morning trade, the cannabis company’s shares are up 4% to 36.5 cents.

Why is the Althea share price climbing?

Investors have been bidding the Althea share price higher today following the release of a contract update.

According to the release, the company’s Canadian subsidiary, Peak Processing Solutions, has signed a manufacturing agreement with Delshen Therapeutics Corp. It is a wholly owned subsidiary of 48North Cannabis Corp, which is a Canadian cannabis licensed operator and brand marketer.

The release explains that under the agreement, Peak Processing Solutions will manufacture four products for 48North’s Latitude brand. The four products are a CBD body lotion, a 1:1 THC/CBD body lotion, CBD bath salts, and a 1:1 THC/CBD bath salts.

Management notes that the 1:1 bath salt product is already on the market, performing strongly and the only item of its kind currently available.

What is the contract worth to Althea?

The two-year, non-exclusive, agreement includes minimum order quantities with a combined value of approximately C$1.25 million.

These minimum order quantities, which operate on a per product basis, are required to be purchased over a period of 12 months from the date the first purchase order for each product is accepted by Peak Processing Solutions.

Althea’s CEO, Joshua Fegan, said: “This agreement with 48North is once again recognition that Peak is becoming a major player in the Canadian legal cannabis market. The opportunity to supply the well-known Latitude brand will enable the team at Peak to demonstrate their ability to produce fantastic topical and bath products, which consumers will love.”

“In addition to this latest 48North agreement, Peak continues to make great progress with more and more of our client’s products getting picked-up by the provincial distributors and hitting dispensary shelves. After receiving our Health Canada license in September 2020, Peak is expected to become EBITDA positive by the end of 2021,” he added.

The post Why the Althea (ASX:AGH) share price is charging higher today appeared first on The Motley Fool Australia.

More reading

• Blazing it? How the top ASX cannabis shares performed in FY21
• Here’s why the Althea (ASX:AGH) share price is racing higher today

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Centuria Capital Group (ASX: CNI) share price is gaining in morning trade, up 3%. This comes after the company revealed it’s set to be included in the S&P/ASX 200 Index (ASX: XJO).

Yesterday S&P Dow Jones Indices announced it was removing Bingo Industries Ltd (XASX: BIN) from the ASX 200. Subject to meeting the final conditions, Bingo will be acquired by Recycle and Resource Operations.

Next Friday, 16 July, Centuria shares will take Bingo’s place and join the ASX 200.

The real estate funds manager has $16.8 billion of assets under management (AUM). These cover 6 different asset classes in debt and equity markets, namely: office, industrial, Daily Needs Retail (DNR), Large Format Retail (LFR), healthcare and agriculture.

Breaking it down Centuria shares cover:

• $5.4 billion of listed funds
• $10.5 billion of unlisted funds
• $900 million in its investment bonds business

What management said about the ASX 200 inclusion

Commenting on Centuria’s shares pending inclusion in the ASX 200, John McBain, Centuria Joint CEO said:

It’s pleasing to be included in the S&P/ASX 200 Index and we believe this is reflective of our transformational growth in recent years. Our growth strategy has included corporate acquisitions as well as direct real estate acquisitions. Our corporate acquisitions this year alone include a 50% interest in real estate debt fund provider, Bass Capital, and the merging with a $5 billion AUM real estate fund manager, Primewest.

Jason Huljich, Centuria Joint CEO added, “We have been very active over the past 12 months with over $1billion in industrial acquisitions… In addition, we have a strong $1.6 billion development pipeline which is helping create stock for new fund creation.”

Centuria Industrial REIT (ASX: CIP) was included on the ASX 200 in June 2020, while the Centuria Office REIT (ASX: COF) is included in the S&P/ASX 300 Index (ASX: XKO).

What’s been going on with the Centuria share price?

The Centuria share price reached all-time highs on Monday, closing the day at $2.97 per share.

Over the past 12 months, Centuria shares have gained 72%, or more than 3 times the gains posted by the ASX 200 over that same time. Year-to-date, Centuria has continued to outperform, up 15% so far in 2021.

The post Why the Centuria (ASX:CNI) share price is pushing higher today appeared first on The Motley Fool Australia.

More reading

• The Centuria Capital (ASX:CNI) share price reaches new all-time high
• These ASX insiders are buying up more shares in their companies
• Here’s why the Centuria (ASX:CNI) share price is gaining

The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Macquarie Group Ltd (ASX: MQG) has been in the spotlight lately with its numerous takeover bids. However, the Macquarie share price has been stagnant since mid-April this year.

For Prime Value Asset Management, the investment bank was one of the biggest detractors in its Opportunities Fund for the month of May.

Despite the recent underwhelming performance, the fund manager thinks there are good times ahead for the Macquarie share price.

Keeping the spice alive with Macquarie

Firstly, to give some background… Prime Value is a boutique Australian investment manager that has been around since 1998. The firm manages a range of funds, from Australian equities to alternative assets.

Macquarie holds a top spot in the fund manager’s opportunities fund. This fund seeks to create long-term wealth through investing in companies led by strong management teams that will benefit from compounding growth over a number of years.

In the fund’s May update, Macquarie shares were pointed out as a laggard in the fund. The Macquarie share price slipped 5.3% during the month. This followed the company reporting its results for FY21.

Prime Value outlined that it considers the investment bank to be executing well… “There were few flags in their latest updates that give rise to concerns over their business operations.”

Furthermore, the Melbourne-based fund manager said:

What keeps us excited about Macquarie Group, six years after we originally invested in the company? Macquarie has become very adaptable and established a track record of exploiting numerous opportunities across global capital markets. The group is a leader in alternative and infrastructure investments.

‘Going green’ thematic

Beyond being a quality investment group, Prime Value pointed out the bank’s positioning in the renewable energy space.

For a fun fact, Macquarie Group has invested roughly $60 billion in renewables since 2010. It appears that the renewable inflows aren’t stopping any time soon either. In February, Macquarie closed the books on $2.97 billion to fund wind and solar projects.

“… we think this is a sustainable trend that will not reverse anytime soon,” Prime Value said.  

Macquarie share price snapshot

The Macquarie Group share price has delivered shareholders S&P/ASX 200 Index (ASX: XJO) over the last year. With a return of 29.2% in the past 12 months, the investment bank has beat the index by roughly 7% before dividends.

Correspondingly, the company’s market capitalisation has climbed to $57.7 billion. This is above the pre-pandemic levels witnessed.

The post Why this leading fund manager is backing better times ahead for the Macquarie (ASX:MQG) share price appeared first on The Motley Fool Australia.

More reading

• Macquarie (ASX:MQG) share price up amid news of rival bid for Sydney Airport
• Why the Sydney Airport (ASX:SYD) share price flew higher again today
• ASX 200 rises, Macquarie up, Rural Funds launches capital raising
• ASX 200 midday update: Zip rockets, AMP asset sale
• Is the Macquarie (ASX:MQG) share price a buy for dividends?

Motley Fool contributor Mitchell Lawler owns shares of Macquarie Group Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Macquarie Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

What happened

Thursday’s bear market was ugly, with many stocks dropping notably. Amazon (NASDAQ: AMZN), however, wasn’t one of them. Its shares were trading up by over 1% in contrast to a declining S&P 500 index; a new video-streaming content deal appears to be a key reason.

So what

Amazon’s deal is with Comcast‘s (NASDAQ: CMCSA) Hollywood heavyweight Universal. Under the terms of the multiyear arrangement, Amazon Prime Video — the company’s streaming service — will offer recent live-action Universal movie releases after their premieres on Peacock (Comcast’s own streamer).

Amazon will be able to screen the Universal movies eight months after their opening days in cinemas, for a duration of 10 months. This is to follow the Peacock debut of those films, which will occur four months after opening day.

Additionally, Amazon has secured the rights to screen Universal releases from this year and last year on its IMDb TV, the free-of-charge streamer connected to its popular IMDb film and TV portal.

The financial terms of the deal were not disclosed.

Now what

Every streaming video operator wants to be Netflix in terms of gotta-see-it content and prominence. Amazon Prime Video isn’t there yet, with a library that is quite scattershot and offers few recent marquee titles included in its base subscription.

Having recent, big-budget movies and franchises like F9 (the latest installment in the seemingly eternal Fast & Furious cars-and-crime series) will garner Prime Video/IMDb TV new attention and publicity. Perhaps it’ll even help draw significant new viewership to the for-pay Prime Video.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

The post Why Amazon was outpacing the market on Thursday appeared first on The Motley Fool Australia.

More reading

• What will Amazon (NASDAQ:AMZN) look like in a post-Bezos world?
• A turning point: Jeff Bezos steps down as Amazon (NASDAQ:AMZN) CEO
• Amazon’s biggest threat in e-commerce
• Wondering which US shares Aussies bought last quarter? Here’s the answer
• FANG+ ETF (ASX:FANG) tumbles 10% on ex-dividend day

Eric Volkman has no position in any of the stocks mentioned. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Amazon and Netflix. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Comcast and has recommended the following options: long January 2022 $1,920 calls on Amazon and short January 2022 $1,940 calls on Amazon. The Motley Fool Australia has recommended Amazon and Netflix. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

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