FAANGM doing well despite tax, anti-trust moves
Growth expectations for Facebook, Apple, Amazon, Netflix, Google and Microsoft continue to be exceedingly optimistic with very high price-to-earnings ratios
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London
THE global minimum tax agreement and persistent anti-trust moves by the US, Europe, Australia and other major economies may well have an impact on Big Tech profits.
Share prices of the so-called FAANGM group of companies - Facebook, Apple, Amazon, Netflix, Google and Microsoft - have fallen slightly below their recent all-time peaks.
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