As of last week, the Big Four (Amazon, Apple, Facebook, and Google) have a combined market cap of $3.2 TRILLION which represents over 15% of the $20 trillion US economy. In 1997, shares of Amazon (AMZN) & Apple (AAPL) traded below $2 per share. Facebook (FB) & Google (GOOGL) hadn’t even been started. It was the dawn of the Internet Era. The following year, Google […]
The past month hasn’t been a good one for investors in FAANG (FB, AAPL, AMZN, NFLX, GOOG) and other major tech stocks. FAANG stocks were down an average of about 5.5% while popular recent IPO Snap Inc. (SNAP) is down 16.4%. So what caused this decline? Let’s take a deeper look as we continue to step towards financial fluency. Although there are differing opinions, it […]