The Seattle-based e-commerce giant is leasing the 862,000-square-foot warehouse in Logistics Property Co.'s Frederickson ONE development. The building is expected to open this quarter. Read More...
Reuters
Mixed earnings from U.S. tech giants may do little to assuage worried investors
A mixed bag of earnings from some of Wall Street’s biggest companies may muddy the outlook for investors hoping to “buy the dip” amid a vicious stock market selloff. With a massive week of corporate results under way, Google parent Alphabet Inc reported first-quarter revenue below expectations, while software giant Microsoft Corp forecast double-digit revenue growth for its next fiscal year. Investors have focused on results from some of Wall Street’s biggest names this week, hoping they could provide a counterweight to the deluge of news that has battered stocks in recent days, highlighted by concerns over an increasingly hawkish Federal Reserve to worries over geopolitical turbulence stemming from Russia’s invasion of Ukraine.
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