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> IBM, Intel, Yahoo, AOL, Oracle, to a certain extent Microsoft(...) Do you see a near future where today’s FAANG shuffle to become a different acronym By mar
by jstx1 4y ago
> IBM, Intel, Yahoo, AOL, Oracle, to a certain extent Microsoft(...) Do you see a near future where today’s FAANG shuffle to become a different acronym
By market cap the six largest US tech companies are Apple, Microsoft, Alphabet, Amazon, Tesla and Meta (in that order). Netflix is number 71 on the list (of all companies, not just tech); it's smaller than Intel, AMD, IBM, Oracle, Cisco, Salesforce etc.
'FAANG' catching on as an acronym doesn't say all that much about these companies as a group.
- Gaessaki 4y agoI could include another dozen or companies that I would target in this question. FAANG is simply a stand-in. I guess we could go with GAMA instead.
- cutierust 4y agoI bet Paul Graham created that acronym
- jstx1 4y agoIt was Jim Cramer - FANG (without Apple) were 4 stocks that he liked back in 2013 and it kind of caught on and evolved from there.