Faang-tastic five: can US tech giants continue their stellar rise?

Facebook, Amazon, Apple, Netflix and Google have so far dodged impact of trade war

They are just five companies but they are together worth more than the huge international businesses that make up the entire FTSE 100, more than the companies that comprise Hong Kong’s Hang Seng index, and more than Germany’s Dax and France’s Cac 40 put together.

They are the US technology giants collectively known as Faangs – Facebook, Amazon, Apple, Netflix and Google (owned by Alphabet these days) – and their stellar stock market performances of the past few years has continued in the first six months of 2018 despite a number of serious headwinds.

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from US news | The Guardian https://ift.tt/2tOjtZr