Stock market meltdowns have FAANGs looking increasingly toothless

  • 📰 SundayTimesZA
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Investors are rethinking a tech-heavy growth strategy that’s served them for the better part of a decade.

Jeran Wittenstein

Nine years ago, Jim Cramer — the gleefully loudmouthed CNBC pundit — introduced the world to what he called the FANG investment strategy. Facebook, Amazon, Netflix, and Google, his reasoning went, were as close to a sure bet as you could get as commerce, community and content shifted online...A subscription gives you full digital access to all Sunday Times content.Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: Musk’s Tesla-Stock Sales Double to $8.5 Billion in Latest TallyElon Musk disclosed an additional $4.5 billion worth of Tesla Inc. stock sales in new regulatory filings Friday, bringing the total he’s disposed of in the wake of his deal to buy Twitter Inc. to more than $8.5 billion.
Source: dailymaverick - 🏆 3. / 84 Read more »

Buffett's Berkshire bought $51 bln stock in first quarter; operating results flat - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Warren Buffett’s Berkshire Hathaway Inc dove into equity markets in the first quarter, spending more than $51 billion on stocks including a much larger stake in Chevron Corp.
Source: SABCNews - 🏆 37. / 51 Read more »

Rocky stock market faces Fed test with eyes on tightening plans - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.A volatile stock market faces a critical test next week, when the US Federal Reserve is expected to raise interest rates and give more insight on its plans for tightening monetary policy to fight surging inflation.
Source: SABCNews - 🏆 37. / 51 Read more »