At the end of 2021, tech giants Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Microsoft (NASDAQ: MSFT) were collectively worth more than $4.4 trillion. Since last peaking, Alphabet and Microsoft have seen their share prices plunge 44% and 38%, respectively, leaving both stocks near a 52-week low. Alphabet missed Wall Street's guidance across the board in its third-quarter earnings report. Read More...
Motley Fool
2 FAANG Stocks to Buy Like There’s No Tomorrow
FAANG stocks ruled the market for a decade. The group that includes Meta Platforms (formerly Facebook), Amazon (NASDAQ: AMZN), Apple, Netflix, and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) (formerly Google) delivered monster returns for years, but most of these stocks have crumbled over the last year. Rising interest rates, recession fears, and other macro headwinds have pressured these stocks, bringing the most popular bet on Wall Street to an end.
