club was Facebook, Amazon, Netflix and Google, but many added Apple, to make it Faang, and Salesforce, to make Faangs. Some analysts even shoehorned Microsoft (Famangs?) into the group, while the New York Stock Exchange’s Fang+ index includes the likes of Tesla and Twitter, along with Alibaba and Baidu of China. Today, the grouping is shorthand for the big, fast-growing US technology stocks that utterly dominated equity returns in the 2010s. Read More...
club was Facebook, Amazon, Netflix and Google, but many added Apple, to make it Faang, and Salesforce, to make Faangs. Some analysts even shoehorned Microsoft (Famangs?) into the group, while the New York Stock Exchange’s Fang+ index includes the likes of Tesla and Twitter, along with Alibaba and Baidu of China. Today, the grouping is shorthand for the big, fast-growing US technology stocks that utterly dominated equity returns in the 2010s.
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