FAANG is going to be in some trouble for at least the next 3 months
$Meta Platforms (FB.US)$ Facebook dealing with some very bizarre transformations with VR. Very odd rebranding and timetable seems like very far off.
$Apple (AAPL.US)$ Apple horrible earnings, missed by over 1 billion! A stock that was trading sideways off amazing earnings in previous quarters.
If you look at year to year the top performing stocks it changes nearly yearly in every which way. FAANG had a fantastic run, but everyone has now realized it is and most all of the stocks are at their peak. What exactly in earnings is going to take ANY of them to the next level? Apple? Amazon?
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