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FAANG results: Five things you may have missed

Big Tech booms, but will the surge last?
October 30, 2020
  • iPhone sales and Netflix subscribers are down, while question marks hang over future advertising income
  • A deep dive beyond the headlines gives clues about the future of these companies

Earlier this month, following a 449-page investigation into America’s biggest tech companies, US lawmakers declared these firms “have too much power, and that power must be reined in".

Just a few weeks later, attempts to restrain the Four Horsemen of the US economy – Facebook (US: FB.), Amazon (US: AMZN), Apple (US: AAPL) and Google-owner Alphabet (US: GOOGL) – show little sign of curbing their stampede on the global markets.

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