FAAMGs: Difference between revisions
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Collectively, the FAAMGs are the five large tech companies: Facebook, Apple, Amazon, Microsoft and Google (Alphabet), all listed on NASDAQ and currently (or formerly) believed by some market commentators to have strong prospects for future growth. | Collectively, the FAAMGs are the five large tech companies: Facebook (Meta), Apple, Amazon, Microsoft and Google (Alphabet), all listed on NASDAQ and currently (or formerly) believed by some market commentators to have strong prospects for future growth. | ||
The acronym FAAMGs is a development of 'FAANGs', which refers to four of the same companies, together with Netflix. | The acronym FAAMGs is a development of 'FAANGs', which refers to four of the same companies, together with Netflix. | ||
Netflix is replaced by Microsoft in the FAAMGs version. | Netflix is replaced by Microsoft in the FAAMGs version. | ||
The holding company Facebook Inc subsequently changed its name - in 2021 - to Meta Platforms Inc. | |||
Meta Platforms Inc continues to own the social media platform Facebook, which continues to be known as Facebook. | |||
Revision as of 15:19, 16 June 2022
1.
Collectively, the FAAMGs are the five large tech companies: Facebook (Meta), Apple, Amazon, Microsoft and Google (Alphabet), all listed on NASDAQ and currently (or formerly) believed by some market commentators to have strong prospects for future growth.
The acronym FAAMGs is a development of 'FAANGs', which refers to four of the same companies, together with Netflix.
Netflix is replaced by Microsoft in the FAAMGs version.
The holding company Facebook Inc subsequently changed its name - in 2021 - to Meta Platforms Inc.
Meta Platforms Inc continues to own the social media platform Facebook, which continues to be known as Facebook.
2.
More broadly, the market sector including these companies and other similar businesses.