FAANGs
a.k.a. the FAANGs(pronounced: fangs)
Refers to the U.S.’ leading tech stocks—Facebook, Apple, Amazon, Netflix, and Google’s parent company, Alphabet, collectively known as "the FAANGs" in big tech. What unites them is that they are all “famous consumer-directed companies”—and they all command their fields.
An acronym seen in e-mail, blogs, newsgroup postings, and on social media, it's considered a form of online jargon.
Historical perspective: From their peak in September 2018 to a mere 2 months later in November 2018, the FAANGs lost a trillion dollars in market value.
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NetLingo Classification: Acronyms and Text Message
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