Issue 44 – Earnings Season for the FAANGs

The period from October 18 to October 28 marked the busiest period of earnings reports from mega cap technology companies including those known collectively as the “FAANG” stocks: Facebook parent Meta Platforms (NASDAQ: META), Apple (NASDAQ: APPL), Amazon (NASDAQ: AMZN), Netflix (NASDAQ: NFLX) and Google parent Alphabet (NASDAQ: GOOG/GOOGL). Remarkably, the FAANG stocks account for approximately 30% of the weight in the NASDAQ100 Index, which is a market weighted index.


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By Charles Marleau CIM® and William Mitchell CIM®

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By Charles Marleau CIM® and William Mitchell CIM®

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