Financial Twitter wants to know what’s next after FANG. Will it be MANG? TOMORROW? SLEEVE?
For financial analysts and journalists, it is the acronym that has been unavoidable for the past five years: FANG. Now its usefulness is in grave jeopardy.
The F, Facebook Inc., will change its name to Meta. And all of Financial Twitter wants to know what comes next. MANG? TOMORROW? SLEEVE? Spell the acronym with the new Facebook logo and you can get a tropical fruit.
How it started How it goes pic.twitter.com/ewty6VbaVh
– Morning Brew ☕️ (@MorningBrew) October 28, 2021
FAANG is over.
meta, apple, google, ms, amazon = MAGMA pic.twitter.com/F9WGhiA5UP
– Eric Adler (@ericladler) October 28, 2021
There is precedent for the nickname to stick as a useful abbreviation for larger tech companies, even when their members aren’t being talked about. The G, formerly Google Inc., remained long after its name was changed to Alphabet Inc.
for people who say that FAANG will now have to be MAANG, why does Google get a pass here?
– Sam Ro 📈 (@SamRo) October 28, 2021
If we use Meta for Facebook, Google has to be Alphabet, so the new acronym should be:
quite appropriate tbh
– Ali Spittel 🐞 (@ASpittel) October 28, 2021
And Netflix Inc., the N, is rarely included in any discussion of megacap technology. That distinction usually goes to Microsoft Corp., whose M was never able to decipher the mix of letters, save for a few attempts with the clumsy Faamg. One user proposed to ditch Netflix and replace it with a larger-cap company: Tesla Inc.
What do we call FAANG now? If we ditch Netflix for Tesla, it could be MAGAT …
– CIO of The North (@MNupdate) October 28, 2021
At least one account reminded the twitterverse that MANGA stands for comic books and graphic novels.
FAANG is now MANGA
better review your anime.
– Hedgeye (@Hedgeye) October 28, 2021