+$2.24 · +0.87%
The day’s move cannot be attributed solely to the visa proposal.

On Monday, the Trump administration unveiled a proposal for a $103,265 nonrefundable fee on certain new H-1B applications, transforming a typical hiring expense into a major capital outlay. The proposed measure would predominantly impact major technology firms that routinely hire hard-to-find engineering talent in bulk.
Market quote: August 24, 2026, 10:20 EDT / 16:20 CEST
Policy and financial data current through August 24, 2026
+$2.24 · +0.87%
The day’s move cannot be attributed solely to the visa proposal.
A rough ceiling using Amazon’s latest 2,661 quarterly approvals is about $275 million. This is not a forecast; petition exemptions matter.
Net sales +20%; AWS sales +37%; operating income +43% year over year.
96.7% of 60 tracked recommendations are buys. Target range: $230–$405.
$27.5 billion of quarterly operating income dwarfs even a high-end fee estimate.
AWS and AI growth raises the value of specialized engineers and researchers.
More roles could shift to graduates already in America or overseas engineering hubs.
Sources: Reuters and U.S. Department of Homeland Security proposal; Amazon Q2 2026 investor release; USCIS employer-data analysis; StockAnalysis and Investing.com market and consensus snapshots. Market prices can move after the stated timestamp.
The catalysts most likely to move markets.
Policy tone can move rates, USD, equities, gold and crypto simultaneously.
A weak final reading or elevated inflation expectations could pressure risk assets.
A surprise versus 58.0 may alter the near-term manufacturing-growth narrative.