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FAANG (countable and uncountable, plural FAANGs)

  1. (technology) One or more of the technology companies Facebook, Apple, Amazon, Netflix and Google.
  2. (economics) The stock of one or more of these technology companies.
    • 2019 September 20, Derek Thompson, “WeWork and the Great Unicorn Delusion”, in The Atlantic[1]:
      But a deeper reason is that the media-tech frontier has closed, and many investors are looking for the next mountain to scale. In the past two years, the so-called FAANGs— Facebook, Apple, Amazon, Netflix, and Google—have seen their price-earnings ratios collapse by more than 60 percent; big tech companies are now trading near their lowest multiples in history.


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