You are viewing:-
you're reading...
1.Market Observations

31 July 2018 (AFR) – Has the FAANG party finished? – Investors suffer FAANG-over as outlook for US tech giants clouds

(31 July 2018, AFR, p28, by Karen Maley)

‘Are we in the early stages of a replay of the 2000 bust? That’s the big question for investors after Facebook’s shocking share price plunge last week – which wiped out a record $US119 billion in market value in a single day – after the social media giant warned of slowing user and advertising sales growth. Facebook’s misstep sent a shudder through the FAANGS (an acronym for the US tech giants Facebook, Amazon, Apple, Netflix and Google-parent Alphabet), as investors began to question whether they’d been correct to assume that their stunning growth rates could be continued indefinitely. Analysts have been warning for some time that investors have been predicting an overly rosy future for the FAANGs.’

Read more at (might need AFR login access, or try:


About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: