The mega-cap FAANG (Facebook, Apple, Amazon, Netflix and Google/Alphabet) stocks seem to be gathering strength and competitive dominance as they grow in size.
As a result, the current run in tech stocks is very different to the 2000 tech bubble, as the stocks in the current cycle are supported by growing cashflows and very high, but not yet bubble-like, valuations. ...
Leader of People's Party
Listing two global equities strategies
Aims to encourage competition in industry
Markets went into freefall
Issued 50,000 new shares