Facebook, Amazon, Netflix, Google account for 90% of Market Cap Gains Since December 2014

Facebook, Amazon, Netflix, Google account for 90% of Market Cap Gains Since December 2014

In an interesting tweet that shows investor herding into a small subset of high-beta stocks, Jeff Macke notes Facebook, Amazon, Netflix, and Google, collectively named (FANG) account for over 90% of S&P 500 market cap gains since December 2014.
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In an interesting tweet that shows investor herding into a small subset of high-beta stocks, Jeff Macke notes Facebook, Amazon, Netflix, and Google, collectively named (FANG) account for over 90% of S&P 500 market cap gains since December 2014.

by Mish

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Google Beats

Both companies reported tonight.

CNBC reports Google parent Alphabet sees earnings, revenue beat and announces $7 billion buyback.

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