What are we calling what used to be called FAANG these days?

10 pointssumitviii2y ago30 comments

I am posting this for several reasons.

1. I don't like the original acronym as it leaves out Microsoft.

2. Google renamed to Alphabet and Facebook renamed to Meta since then.

3. I don't know if N stands for Nvidia or Netflix.

What do we have now? Meta, Microsoft, Alphabet, Amazon, Apple, Netflix and Nvidia? Is it MMAAANN? or MAANMAN? What is it?

30 comments

Y_Y2y ago

M'NAMANA

Solves all your issues and comes with a catchy theme tune.

https://www.youtube.com/watch?v=QTXyXuqfBLA&t=2

snapplebobapple2y ago

I prefer naan m'am because it elicits an accurate allegory of someone stuffing us full of carbs making us fat and unhealthy, just like the naan m'am companies are doing dumping software below cost on the market to kill healthier options that don't violate your privacy in pursuit of surveillance capitalism

karaterobot2y ago

I'm hoping we use this as an opportunity to move past the whole idea, because this isn't the last time that list will change. It's a badly named variable. Just say which companies you mean, or say "leading tech companies" or "big tech" if you absolutely have to.

avereveard2y ago

like isn't nasdaq-5 exactly what this is?

rossdavidh2y ago

TBH, people still say "FAANG", and it still works. Many acronyms stop being literal acronyms after a while, and start being just a word.

Although probably more people use "Big Tech" than "FAANG".

cableshaft2y ago

Yeah I still just say FAANG. To me it means whatever the big tech companies are with much higher compensation than what I'm getting.

ericyd2y ago

What's another example of an acronym that has stopped being literal? Some acronyms become words but I can't think of any whose letters are no longer accurate.

rossdavidh2y ago

3M (originally Minnesota Mining and Manufacturing) is now just a name, which means nothing. Same for KFC (once Kentucky Fried Chicken). It may be more common in company names or other legally-fraught acronyms.

SargeDebian2y ago

I guess BRICS:

> In August 2023, at the 15th BRICS Summit, South African President Cyril Ramaphosa announced that Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates had been invited to join the bloc. Full membership will take effect on 1 January 2024.

shawabawa32y ago

Not exactly the same but UTC is an interesting one, it's an acronym for "coordinated universal time", but is in the wrong order as a compromise to the French that wanted "temps universel coordoné"

xnx2y ago

Similarly the Big Ten football conference is now 14 teams.

1 more reply

amadeuspagel2y ago

Netflix was never a significant company and was only added to make the acronym sound scary. It's funny that NVidia became significant, so that the acronym would make sense now were it for the renamings you pointed out.

In general, acronyms are always pointless shibboleths. "Big Tech" is perfectly fine.

cykros2y ago

I've been hearing a lot about the "Magnificent Seven" (Apple , Microsoft, Nvidia, Tesla, Meta Platforms, Alphabet and Amazon). Between now, and when we were talking about FAANG, I did hear some talk about FANMAG to throw Microsoft into the mix.

Of course it'll keep changing with time. We haven't talked much about the Nifty Fifty in awhile, except as a modern day tale of Icarus.

malexw2y ago

I have been using GAMMA, for Google, Apple, Meta, Microsoft, and Amazon.

"Gamma" as a word is sciencey, which I like, and swapping out Netflix for Microsoft seems reasonable to me.

cykros2y ago

Gamma is prone to causing confusion, because Gamma is one of the metrics used to measure options (basically, it's the rate of acceleration of change in a price of an option relative to the change in price in the underlying security).

moldach2y ago

FANG+ https://www.ice.com/fangplus

generichuman2y ago

facegoomicrappama. See this: https://www.youtube.com/watch?v=2tQzCqkIQ60

Khelavaster2y ago

It was MAGA originally: Microsoft, Apple, Google, Amazon!

mikhailfranco2y ago

Well, MANAMA is the capital of Bahrain.

So maybe MANNAMA ?

sys_647382y ago

It leaves out Oracle too so and an O in there somewhere.

blastonico2y ago

Big techs.

pacifika2y ago

SNAKES

malfist2y ago

> 1. I don't like the original acronym as it leaves out Microsoft.

Microsoft isn't part of FAANG

saliagato2y ago

That’s exactly what he said

mike5032y ago

I think the point is they shouldn't qualify. I don't consider MS to be a "FAANG" - I would agree too. Nothing about the company feels like the energy that the other companies bring. They're playing catch-up and while they're huge by market value and impact they're just riding that legacy and to me not really deserving of being part of the "cool kids club" which to me was where FAANG sprung from.

4 more replies

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30 comments

Y_Y2y ago

M'NAMANA

Solves all your issues and comes with a catchy theme tune.

https://www.youtube.com/watch?v=QTXyXuqfBLA&t=2

snapplebobapple2y ago

karaterobot2y ago

avereveard2y ago

like isn't nasdaq-5 exactly what this is?

rossdavidh2y ago

TBH, people still say "FAANG", and it still works. Many acronyms stop being literal acronyms after a while, and start being just a word.

Although probably more people use "Big Tech" than "FAANG".

cableshaft2y ago

Yeah I still just say FAANG. To me it means whatever the big tech companies are with much higher compensation than what I'm getting.

ericyd2y ago

What's another example of an acronym that has stopped being literal? Some acronyms become words but I can't think of any whose letters are no longer accurate.

rossdavidh2y ago

SargeDebian2y ago

I guess BRICS:

shawabawa32y ago

Not exactly the same but UTC is an interesting one, it's an acronym for "coordinated universal time", but is in the wrong order as a compromise to the French that wanted "temps universel coordoné"

xnx2y ago

Similarly the Big Ten football conference is now 14 teams.

1 more reply

amadeuspagel2y ago

In general, acronyms are always pointless shibboleths. "Big Tech" is perfectly fine.

cykros2y ago

Of course it'll keep changing with time. We haven't talked much about the Nifty Fifty in awhile, except as a modern day tale of Icarus.

malexw2y ago

I have been using GAMMA, for Google, Apple, Meta, Microsoft, and Amazon.

"Gamma" as a word is sciencey, which I like, and swapping out Netflix for Microsoft seems reasonable to me.

cykros2y ago

moldach2y ago