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Showing posts with the label Satya Nadelia

New High Tech Acronym Invented: It Sounds Like Muppets Singing

For years now it has been an axiom that five stocks, each representing companies known for consumer technology, are leading the stock market. The accepted acronym for them has been "FANG," if the A is allowed to do double duty.  Literalists write it out, accordingly, as FAANG.  The stocks are: Facebook, Amazon [Apple], Netflix, and Google.  But Google and Facebook have both changed their names. And other customer-electronics firms are also playing a leading role.  So the wise guys have created a new acronym, "MANA MANA."   Meta -- formerly Facebook Alphabet -- formerly Google Netflix Amazon Microsoft  -- no longer bound. to Windows, still or again a powerhouse Apple Nvidia Adobe. That's cute, and as the title indicates it sounds like muppets singing.  One more thing to say: about Microsoft. It was not included on the original FANG list because Microsoft was at that time considered a company in decline -- a giant that had linked itself too tightly...