Seattle Times: Amazon abandons plan to occupy huge downtown Seattle office building. https://www.seattletimes.com/business/amazon/huge-downtown-seattle-office-space-that-amazon-had-leased-is-reportedly-put-on-market/
Why cant amazon expand in bay area?
FANG is over hyped because of consumer boom...when it slows, all these high flying tech giants will come to halt....may be Amazon is facing slow down fears? Boom to dust...
Reason is they hate Seattle city council, but Bellevue has welcomed them with open arms. The unannounced HQ2 winner folks !
2019 growth is under 20%. First time in its history. Market cap will probably contract. They are smart to slow down the expansion.
Reason: building about to fall over.