The disrupters could get disrupted
Five trends point to the end of the fabulous ride enjoyed by Facebook, Amazon, Netflix and Google.
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FOUR mega-cap tech companies are so powerful and high-performing that Wall Street has a collective name for them - the FANG stocks, namely Facebook, Amazon, Netflix and Google.
These four firms alone have turbo-charged US stock market returns in recent years, reaching more than US$1.7 trillion in total market capitalisation.
Just as the growth, earnings and cash generation of these Big-Tech names have soared, so have their impact on economies and consumers, who are wowed by the services, price transparency and convenience they provide.
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