With the tech-weighted Nasdaq down over 25%, many of the high-flying tech names from the last decade have watched their stock plunge this year, reports an article in Fortune, including…
Tag: FAANG
Facebook and Alphabet Up as Apple and Netflix Fade
Last year’s synchronized surge in FAANG stocks has faded as investors look beyond the pandemic. This according to a recent article in The Wall Street Journal. “It is a far…
History Says Big Tech Stocks Could Fall
Today’s FAANG stocks are likened to the Nifty Fifty of the 1960s and 1970s–a group of well-known stocks that “everyone loved despite wildly high valuations that had little basis in…
Exodus from QQQ ETF ‘Ups the Ante on Big Tech Earnings’
During just five days in late April, the $161 billion Invesco QQQ ETF reportedly “bled nearly $6 billion in its worst stretch since the dot-com era of 2000,” according to…
Rob Arnott Talks About a Fanmag Bubble
In a recent interview with Financial News, Research Affiliates partner Rob Arnott argued that the surge in valuations of the largest U.S. tech stocks is unlikely to continue, adding that…
Are the FAANGs Really a Supergroup?
Facebook, Apple, Amazon, Netflix and Google parent Alphabet “can’t get away from each other,” says an article last month by Bloomberg columnist Nir Kaissar, who argues, “But look closely and…