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English
Noun
FAANG (countable and uncountable, plural FAANGs)
- (technology) One or more of the technology companies Facebook, Apple, Amazon, Netflix and Google.
- (economics) The stock of one or more of these technology companies.
2019 September 20, Derek Thompson, “WeWork and the Great Unicorn Delusion”, in The Atlantic:But a deeper reason is that the media-tech frontier has closed, and many investors are looking for the next mountain to scale. In the past two years, the so-called FAANGs— Facebook, Apple, Amazon, Netflix, and Google—have seen their price-earnings ratios collapse by more than 60 percent; big tech companies are now trading near their lowest multiples in history.
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