Folks, here’s a good example of why you should read the article, or at least the title, or at least the thread you’re replying to before you comment.
(There's already an ETF called "META"; 6% of its holdings are FB.)
I'm kind of curious about what will happen as either:
(1) confused investors buy into META instead of MVRS over the next few months
(2) confused investors can no longer find FB and instead buy FBK (FB Financial) or another one of the top Robinhood search results (FBHS, FBNC, FBC).
Microsoft, Apple, Google, Meta, Amazon
( Netflix doesn't belong to Big Tech )
Microsoft
Apple
Meta
Amazon
Alphabet(Google is now Alphabet)
Dialing in a little, they peaked out at something like 40% of all US internet traffic 4-5 years ago.
Almost all my streaming is with Amazon Prime, which has a much bigger selection of content suited to my tastes.
used in a sentence:
MAAAN, why can't I get some money.
At least manga and mangoes are funny, magna seems just posh and insufferable (which if you ask the right people, is an accurate description of those companies)
https://en.wikipedia.org/wiki/Big_Tech#FAANG
Quite honestly that term in both stock and big tech senses is outdated. It should really include a few post-unicorn giants like Uber nowadays.