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FANG is surviving, if not thriving. A lot of famous companies will disappear in the next 9 months. This feels a lot like the dotcom bust to me.
by remote_phone 6y ago
FANG is surviving, if not thriving. A lot of famous companies will disappear in the next 9 months. This feels a lot like the dotcom bust to me.
- dillonmckay 6y agoAll global companies, too.
- three_seagrass 6y agoQ1 results only cover a few weeks of the lock down. FAANGs require consumers to continue spending, and with 30+ million unemployed, that's a lot less disposable income and piling debt. We won't be able to fully see the results of the pandemic in the FAANGs until early Q3.