Is Apple the last FAANG standing?

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I remember when everyone was clamouring to work for a FAANG. Looks like they’re falling

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JK I’m not Amazon, I’ll survive regardless 😎

Is FAANG even meaningful?

None of those companies are really "growth" companies anymore.

They're basically blue chip stocks that do tech.

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Amazon (the latest drop) grew by 15% last quarter . It doesn’t meet Wall Street expectations because of ultra high expectations

What was the growth at your firm ?

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Microsoft as a friendly neighbor?

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Outside of meta , rest are still pretty solid

Unless this statement is based on one earnings season.

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Meta doesn't even seem a part of it anymore tbh. Only old people care about Facebook anymore and obviously everything else Meta does isn't the best. Their stock price/market cap are nothing to write home about at this point

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It’s the only one that sells their own hard products (phones, computers, etc…).

The others are software/cloud/e commerce.

@C2 are you then saying that Apple didn’t cause Meta’s problems by invalidating the core of their business model? Yes Meta is struggling now because Metaverse is looking like a dud, but I’d contend that the primary reason Meta is pursuing alternatives to their core (metaverse) is because using user data to sell ads is not going to be as desirable going forward with the changes Apple (and others) are pushing around data privacy.

Secondly, of course each have a spread of offerings that extend past hardware and not all tech firms are pursuing hardware above all else. That being said, every one of the MAAAM companies are investing in hardware when half of them didn’t have anything notable 10 years ago. Even though not all tech companies need to be in hardware, evidence shows all the big fish have decided they need to be.

Aapl the best of the group tho

I’m not sure what this question means, but Amazon is worth over a trillion dollars. Google is worth 1.27 trillion. Do you consider that still standing?

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