Tag Archives: FAANG

(Bloomberg) — For some investors, this year’s rout in high-flying technology stocks is more than a bear market: It’s the end of an era for a handful of giant companies such as Facebook parent Meta Platforms Inc. and Amazon.com Inc. Most Read from Bloomberg Those companies — known along with Apple Inc., Netflix Inc. and Google parent Alphabet Inc. as the FAANGs — led the move to a digital world and helped power a 13-year bull run. But history shows that market leaders of one era almost… Source link

It’s time to rethink who’s at the top of the Big Tech food-chain, Constellation Research Principal Analyst & Founder Ray Wang told Yahoo Finance Live (video above). Wang argued that MATANA — Microsoft (MSFT), Apple (AAPL), Tesla (TSLA), Alphabet (GOOG, GOOGL), Nvidia (NVDA), and Amazon (AMZN) – is an upgrade to FAANG by dropping Meta (META) and Netflix (NFLX) while adding Microsoft, Tesla, and Nvidia. In 2013, when Jim Cramer of CNBC’s “Mad Money” coined the term FAANG, many of those… Source link

Goldman Sachs believes people are over invested in big cap tech names such as Facebook, Amazon, Apple, Netflix and Google [FAANG] that have minted fat profits and higher stock prices the past decade amid an explosion in tech advances. To get investors thinking beyond FAANG, the investment bank recently launched the Goldman Sachs Future Tech Leaders ETF. As the name implies, it looks to invest in the next big winners in tech that have true global exposure. “We launched the ETF strategy because… Source link

Investors in popular FAANG stocks have enjoyed a great run over the last year (especially the past month) as a combination of super low interest rates from the Federal Reserve and high growth from the individual tech companies has made an easy bull case.  But with the Fed on the cusp of beginning a tapering of its pandemic-era bond buying program — which could push up rates from the rock bottom that risk-taking traders have loved —the FAANG trade could be nearing a pullback.  “I think… Source link

Big Tech has been in the news and on our minds as this crazy year 2020 winds toward an end. While the election has resulted in divided government, unlikely to have the majorities needed for sweeping reforms in any area, there is a growing consensus the hi-tech giants are getting too big. Congress is starting to look at the giant tech firms through the lens of anti-trust legislation, while regulators, including the Justice Department and the Federal Trade Commission are considering similar… Source link