• dan@upvote.au
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    2 months ago

    “FAANG” is interesting because it was initially only used to represent high-growth stocks that were leaders in their respective fields. It was originally just “FANG” - Apple was added later.

    At some point, it changed to mean the best tech companies to work at. I’m not sure I agree with the list, though. I’d swap Netflix for Microsoft (TC is lower but it’s a more prestigious company and work-life balance is better), and I’d swap Amazon for another company. Not sure. TSMC, Nvidia, or AMD maybe?

    • phoneymouse@lemmy.world
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      2 months ago

      It’s funny that Apple was added later given that it is the most valuable company by market cap … it’s seen the highest stock growth of any company on earth.