Anatomy of the FANTAMAN, the tech stock amalgam worth more than Germany’s GDP

Anatomy of the FANTAMAN, the tech stock amalgam worth more than Germany’s GDP


The market value of FANTAMAN — the amalgam of prominent tech stocks led by Apple and Microsoft — has swelled by a gut-punching $1.87 trillion this year, representing 36% growth in just seven months. FANTAMAN may seem merely a catchy iteration of Wall Street insider acronyms like FANG. However, it’s no joke. FANTAMAN represents the most powerful tech companies in the US: Facebook, Amazon, Netflix, Tesla, Alphabet, Microsoft, Apple, and NVIDIA. Collectively, those eight companies are worth $7.267 trillion. To help put the sheer size of that number in perspective, that’s $2 trillion more the combined GDP of the United Kingdom and France…

This story continues at The Next Web
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