FAANG Now Irrelevant, MATANA is the New Face Of Big Tech

Introduction

When it comes to the world of technology, there are many companies that have risen to dominance. Yet, in recent years, some of these companies have been falling out of favour. In this article, we will look at why FAANG stocks no longer hold the same sway over big tech like they once did and why MATANA has stepped up to take their place

FAANG No Longer The Leader Of Big Tech

It's no secret that the FAANG acronym is no longer relevant. This was a group of 5 tech companies—Facebook, Amazon, Apple, Netflix and Google—that were all growing like crazy. Now that Facebook has lost its dominance in social media and Amazon has been challenged by other e-commerce platforms like Shopify. Matana is the new face of Big Tech.

As you can see below the market cap growth since January 2nd 2019:

• MATANA has gone up over 650% while FAANG has dropped by -87%.
• MATANA includes companies like Lyft and Uber which have seen their stock prices rise rapidly over the past year as they've disrupted transportation services worldwide."

MATANA To Spearhead Big Tech

MATANA is the new face of Big Tech. MATANA is an acronym for Microsoft, Amazon, Tencent, Apple and Netflix. These six companies are now leading the way in big tech. They are a group that you should be paying close attention to.

MATANA is comprised of Microsoft (MSFT), Amazon (AMZN), Tencent Holdings Ltd. (700), Apple Inc. (AAPL) and Netflix Inc.(NFLX). These six stocks have been on a tear over the past year as they continue to dominate their respective industries with little threat from competition or disruption from startups like they once were back in 2008 When Uber was founded by Garrett Camp and Travis Kalanick as UberCab which later became Uber before going public at $45/share back in 2019 after being taken private again at $225/share by SoftBank Group Corp., Saudi Arabia’s Public Investment Fund and Qatar Holding Company owned by Sheikh Hamad bin Jassim bin Jaber Al Thani also better known as HBJ Investments LLC or Al Thani Group along with other shareholders such as Tiger Global Management LLC whose founder Chase Coleman III owns about 4% percent stake according to Crunchbase data with his partner Fred Wilson owning another 5%.

Apple’s Stock Still Underperforming Despite Growth Potential In Wearables Segment

Apple's stock price has been underperforming even as the company's wearables segment has grown. Apple is still a small player in this space compared to Fitbit, Xiaomi and Samsung. However, it seems that Apple is finally bridging the gap with its competitors.

Apple's wearable growth was driven by its AirPods and AirPower wireless charging pad, which launched on March 29th this year. The AirPods have been successful since their launch but the device’s sales were not enough to boost overall revenue growth for the company in Q1 2019.

Google Is One Of The Only FAANG Stocks That Has Outperformed Market

If you're a long-term investor, it's hard to find more attractive stocks than those from the FAANG group of companies. Together, these five tech giants have powered the market for months on end and been consistently beneficial for investors clamoring for momentum stocks. However, there is one stock in this group that stands out from the rest: Google (GOOGL).

Compared to its peers—Facebook (FB), Apple (AAPL), Amazon (AMZN) and Netflix (NFLX)—Google has been outperforming them by more than 50%. This performance gap was even wider when comparing it against Facebook and Apple over the last three years.*

Amazon Remains The Top Company For Cloud Computing Services And Online E-Commerce Platforms

Amazon remains the top company for cloud computing services and online e-commerce platforms. In spite of the emergence of new competitors, Amazon has been able to maintain its market dominance through continued expansion into new technologies and markets. Amazon continues to expand its cloud computing services and online e-commerce platform, with a focus on providing low-cost products at affordable prices for all classes of consumers worldwide.

Facebook Manages To Retain Market Dominance Despite Multiple Controversies And Poor User Experience Feedback

It should be noted that Facebook still remains the world's most popular social media platform, with more than 2 billion monthly active users. The company has recently been plagued by multiple controversies including privacy issues and criticism of its content moderation efforts. Despite this, it still manages to retain market dominance as the largest social network by monthly active users and a very high user engagement rate (1.56 billion daily active users).

The company continues to grow its revenue stream from advertising and other services such as Instagram and WhatsApp which were acquired in 2012 for $12 billion. It also received $38 billion from selling shares in its initial public offering (IPO) in May 2012 at $38 per share ($132 billion). This made Zuckerberg the youngest self-made billionaire ever at age 23 years old

Tesla Ranks As The Top Automotive Company With Its Strong Vehicle Sales Performance And Market Capitalisation

If you haven't heard of Tesla, it's probably because you're not a tech buff or an automotive enthusiast. But given the company's recent success, you might want to get acquainted with Elon Musk as soon as possible.

While Amazon (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOG) — commonly referred to as "FAANG" stocks — have seen their share prices plummet over the past year, Tesla has seen its stock price rise by more than 70 percent since last August. The company is now worth about $62 billion in market cap and has become one of America's most valuable carmakers in just over a decade since it was founded in 2004.

MATANA is the new face of Big Tech

As the world reels from the loss of the FAANG acronym, a new power has risen to take its place. MATANA is an acronym for Microsoft, Amazon, Tencent, Apple and Netflix. These 6 companies are now the leading companies in the tech industry and collectively control more than 50% of all U.S revenue in 2019 alone!

MATANA may not have as catchy a name as FAANG did originally but it does have one important thing going for it: it is no longer made up of 5 American companies (Facebook was added later).

Conclusion

Big tech companies are not just defined by their size, but also by the services they offer. MATANA is a new face of big tech companies that will undoubtedly impact our lives in the future.

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