ASX Growth Shares
FANG stocks: Now a value play?
Meta Platforms (NASDAQ:FB) stock price crunched. Amazon (NASDAQ:AMZN) takes flight. Is this end of FANG stocks? Or…Are FANG stocks cheap?
February 5, 2022
Netflix Inc (NASDAQ: NFLX) is the world’s leading streaming entertainment service, allowing subscribers to watch a wide range of movies and TV shows on-demand for a monthly fee. Netflix’s history dates back to 1997 and its phenomenal rise in the years since has led to its inclusion in the infamous FAANG group of tech stocks.
Meta Platforms (NASDAQ:FB) stock price crunched. Amazon (NASDAQ:AMZN) takes flight. Is this end of FANG stocks? Or…Are FANG stocks cheap?
It was a positive week for the S&P/ASX 200 (ASX: XJO) and US stock markets. As we look back, here are my key investor takeaways.
Owen Rask & 7Investing’s Dr Anirban Mahanti look at Magellan Financial Group Ltd’s (ASX: MFG) AGM address, the Tesla Inc (NASDAQ: TSLA) beat on earnings, Netflix Inc (NASDAQ: NFLX) stock price high, SNAP’s results
US stock markets closed near record highs as Netflix (NASDAQ:NFLX) and Pinterest (NYSE:PINS) shares were in the news.
US stock markets continue to overcome the October curse, rallying again overnight as companies continue to beat elevated expectations.
US stock markets saw another day of dip-buying with the technology sector leading the way once again, the Nasdaq adding 1.7%.
US stock markets continue to struggle with the Dow Jones, S&P 500 and Nasdaq falling overnight as the quarter came to an end.
US stock markets struggled to another negative week with the Nasdaq and S&P 500 both down 0.9% while the Dow Jones dropped 0.5%.
US stock markets closed lower for the fourth straight day, led down by big tech including Netflix (NASDAQ:NFLX) and Amazon (NASDAQ:AMZN).