Markets

FAANG stands for five very successful tech companies that can move the stock market — here’s what to know about investing in them

FAANG is an acronym that stands for five major, highly successful US tech companies: Facebook, Amazon, Apple, Netflix, and Google. Comprising 15% of the S&P 500, FAANG stocks’ performance has a substantial effect on the overall market. Investors can buy FAANG stocks individually or via tech industry-focused funds. Visit Insider’s […]
FAANG stands for five very successful tech companies that can move the stock market — here’s what to know about investing in them
Markets

Apple sheds 8% in worst day of trading since late March

Summary List Placement Apple shed as much as 8% on Thursday in its worst day of trading since late March. The technology company has shed nearly 9% since Tuesday. On Monday, Apple’s 4-for-1 stock split went into effect. Watch Apple trade live on Markets Insider. Read more on Business Insider. […]
Apple sheds 8% in worst day of trading since late March
Markets

It’s time to break up the FAANGs

The term “FANG” was first used by CNBC analyst Jim Cramer in 2015, referring to high growth stocks –Facebook, Amazon, Netflix, and Google. Investors added Apple to the basket about two years later. Back in early to mid-2018, FAANG stocks still dominated the market. But in the second half of […]
It’s time to break up the FAANGs
Markets

GOLDMAN SACHS: Chinese tech giants are dominating North America in VC funding for the first time, and it could be the start of an unprecedented boom

Chinese companies outpaced their American counterparts in venture-capital funding for the first time during the second quarter, according to Goldman Sachs. Tech giants and Softbank contributed the most to this milestone. According to Goldman’s analysts, Chinese tech giants including Alibaba and Baidu are creating ecosystems with unprecedented influence to develop […]
GOLDMAN SACHS: Chinese tech giants are dominating North America in VC funding for the first time, and it could be the start of an unprecedented boom