FAANG companies in numbers look humongous
Why is growth âScaryâ - Not sure if I understand the âtitle impactâ.
All these companies are poised to become even bigger. The buying of competitors or the elimination of them altogether means that there really is no stopping these companies. This might seem scary as all our data is now under the eyes of only few companies but at the same time there are no comparable alternatives.
What is the full form of âFAANGâ ?
Facebook, Apple, Amazon, Netflix, and Google.
Thanks.
On the way to become MAANG
Instead of this, we can look at the size of âmost valuble companiesâ (by market cap).
FAANG is an informal name (found during some CNBC interview I think). There is no certain parameters for this catergory except they say it is âTop performingâ.
Also they have included only US companies.
Refer to the below pic for most valuble companies
FAANG as an acronym is used for big tech companies. it represents new age technology companies which are huge and growing. It is no longer an informal name. It is becoming common name for new age invesntors.
As such Mirae Asset recently launched an ETF in India âMirae Asset NYSE FANG+ ETFâ to capture the theme.
Yes because all big technology companies are US based.
ok fine. Does it have any proper parameter to include a company into this catergory ?
Letâs say Intel (as an example) , Who will include this in such categories ? What para-meters will they look at ?
âWhen something grows too big there is no room for growthâ - Found it on internet (for this category).
Well, thatâs not always true. May be just the major ones.
Well few hours back you didnât know what FAANG stood for, and now you are sharing articles on FAANG.
I would call that progress
Thanks.
That article is for the people who donât know what FAANG is (like me).
By that logic, Google had changed its name to alphabet⌠so now maaan.
MAANA is also looked as an alternate option
FAANG stocks now getting hammered left, right and centre. After Meta crashing by 25% yesterday, I guess today is going to be Amazonâs turn as its results were below expectation and after market price is already showing as 12.7% down to 96$ from 110$
Good news is, even if these heavyweights are crashing big time, the NASDAQ is quite stable and is not falling much.
Yes. It is scary to see FAANG size. They can buyout budding companies without any sweat. Most young entrepreneurs these days want to be bought out or atleast get funding from them. US dominance looks established also because these companies control information world over except China/Russia.
These companies can dethrone any govt in the world.
Thatâs the reason China is going after itâs Tech giants like Alibaba, Tencent, Didi these days.
They believe that if we donât cut their wings now, these companies will be in a position to blackmail CCP in the years to come.