Market Research Blog: Week of 2/4/18

Amazon has just announced a list of the top 20 cities that it is considering putting its second headquarters. Among the top cities is Chicago Illinois, and with our school being located only a few hours away as young professionals we need to pay close attention the e-commerce giants next move. Amazon’s new HQ2 will be a complete headquarters, with plans to invest over $5 billion and create as many as 50,000 high-paying jobs. Over the next couple months, the company said it plans to work with each of the candidate locations to dive deeper into their proposals as well as evaluate the feasibility of a future partnership that can accommodate the company’s hiring plans. Amazon added that it expects to make a final decision this year. In other Amazon news, its CEO Jeff Bezos is now the richest person in the world with a net worth of $105 billion, per Bloomberg’s Billionaire index. Overall in 2017, the company’s stock rose nearly 56%. Where do you think the industry, titan should put its next HQ? How do you feel about Jeff becoming the richest man?