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Opportunity: The Algos Misread The Supreme Courtroom Sales Taxation Ruling (Amzn)

The even out together with then far:

June 4: "Just a Reminder: "South Dakota v. Wayfair, Inc." Is Yet To Be Decided (AMZN)"
The retail behemoth says something similar 80% of the transaction taxation due gets paid, either every bit sales taxation collected past times the retailer or self-declared every bit role taxation past times the purchaser but that seems awfully high.
I've a sneaking suspicion nosotros are most to notice out what actual compliance is this Supreme Court session.

Here's the background at ScotusBlog:...
June 5: "GDPR, PRC together with Data Sovereignty are Ultimately Wins for Amazon together with Google" (AMZN; GOOG)
As volition hold upwards the sales taxation case mentioned yesterday. Amazon has the resources to bargain amongst the 12,000 taxing jurisdictions, patch its smaller competitors convey no chance.
June 21 (ZH)  
Internet Stocks Tumble After SCOTUS Rules On State Internet Tax Collection

Wrong reaction from the 'puters: AMZN $1730.22 downwardly $19.86 (-1.13%)

June 22 early on pre-market: $1736.75  upwards $6.53 .

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