FANG stocks take centre stage on Wall Street
By
Biju Kumar
The so-called FANG stocks take center stage on Wall Street this week, with Amazon, Alphabet and Facebook set to report as the S&P 500 approaches a record high.
The group of high-growth stocks that supercharged the S&P 500’s decade-long rally in recent years has had mixed results in 2019, with Facebook and Amazon dramatically outperforming the broader market, while Netflix and Google-owner Alphabet have lagged.