FAANG Stocks

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Definition of 'FAANG Stocks'

FAANG is an acronym for the five largest technology companies in the United States: Facebook, Amazon, Apple, Netflix, and Google. These companies are all leaders in their respective industries and have a significant impact on the global economy.

**Facebook** is a social media platform that allows users to connect with friends and family, share photos and videos, and stay up-to-date on the latest news. Facebook is the most popular social media platform in the world, with over 2.9 billion active users.

**Amazon** is an e-commerce company that sells a wide variety of products, including books, electronics, clothing, and home goods. Amazon is the largest e-commerce company in the world, with over $280 billion in annual revenue.

**Apple** is a technology company that designs, develops, and sells consumer electronics, computer software, and online services. Apple is the most valuable company in the world, with a market capitalization of over $2.5 trillion.

**Netflix** is a streaming media company that offers a subscription service for watching movies and TV shows. Netflix is the leading streaming media company in the world, with over 209 million subscribers.

**Google** is a multinational technology company that specializes in Internet-related services and products, including search engines, cloud computing, and advertising technologies. Google is the most popular search engine in the world, with over 92% of global market share.

FAANG stocks are considered to be some of the most innovative and disruptive companies in the world. They have a significant impact on the global economy and are often seen as bellwethers for the broader stock market.

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