Amazon Cancels NYC Campus

The video discusses Amazon's decision to scrap plans for a New York headquarters, its impact on stock prices, and the real estate market. It also examines the strategic implications for Amazon and the influence of retail sales data, which may have been affected by a government shutdown, on stock performance.

What was the initial market reaction to Amazon's decision to scrap plans for a new headquarters in New York?

• Real estate stocks in New York rose

• Real estate stocks in Virginia fell

• Amazon's stock fell by 2%

• Amazon's stock rose by 2%

How did Amazon's decision impact real estate stocks in Virginia?

• They were unaffected

• They performed well

• They remained unchanged

• They hit session lows

What might Amazon lose by not having a headquarters in New York?

• Better weather conditions

• Access to a larger customer base

• Proximity to financial institutions

• Lower operational costs

What was a surprising finding about e-commerce during the holiday period?

• It was the best-performing sector

• It was unaffected by the shutdown

• It did not perform well

• It exceeded expectations

Why were the retail sales numbers for December questioned?

• They were released too early

• They were delayed due to a government shutdown

• They showed unexpected growth

• They were consistent with previous months