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Anatomy of the FANTAMAN, the tech stock amalgam worth more than Germany’s GDP

23/07/2020

The market value of FANTAMAN — the amalgam of prominent tech stocks led by Apple and Microsoft — has swelled by a gut-punching $1.87 trillion this year, representing 36% growth in just seven months. FANTAMAN may seem merely a catchy iteration of Wall Street insider acronyms like FANG. However, it’s no joke....
The market value of FANTAMAN — the amalgam of prominent tech stocks led by Apple and Microsoft — has swelled by a gut-punching $1.87 trillion this year, representing 36% growth in just seven months. FANTAMAN may seem merely a catchy iteration of Wall Street insider acronyms like FANG. However, it’s no joke. FANTAMAN represents the most powerful tech companies in the US: Facebook, Amazon, Netflix, Tesla, Alphabet, Microsoft, Apple, and NVIDIA. Collectively, those eight companies are worth $7.267 trillion. To help put the sheer size of that number in perspective, that’s $2 trillion more the combined GDP of the United Kingdom and France… This story continues at The Next Web The market value of FANTAMAN — the amalgam of prominent tech stocks led by Apple and Microsoft — has swelled by a gut-punching $1.87 trillion this year, representing 36% growth in just seven months. FANTAMAN may seem merely a catchy iteration of Wall Street insider acronyms like FANG. However, it’s no joke. FANTAMAN represents the most powerful tech companies in the US: Facebook, Amazon, Netflix, Tesla, Alphabet, Microsoft, Apple, and NVIDIA. Collectively, those eight companies are worth $7.267 trillion. To help put the sheer size of that number in perspective, that’s $2 trillion more the combined GDP of the United Kingdom and France… This story continues at The Next Web
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