Investors looking for Big Tech exposure in this environment may want to avoid buying “FAANG” and focus on another stock group instead, Jefferies said.
Source
Own the ‘MANG’ stock portfolio instead of ‘FAANG’ in these conditions, Jefferies says
World
Wealthy countries’ $300 billion offer seeks to end COP29 stalemate
People walk past the logotype at the venue for the 2024 United Nations Climate Change Conference (COP29) in Baku on November 11, 2024. Alexander Nemenov | Afp | Getty Images The European Union, U.S. and other wealthy countries at the COP29 summit have agreed to raise their offer to $300 billion per year by 2035 […]
Read More
World
Germany’s Merkel laments influence of big business on Trump
German Chancellor Angela Merkel, on February 14, 2020 in Berlin, Germany. Felix Zahn | Photothek via Getty Images Former German chancellor Angela Merkel has called the influence of tech billionaires such as Elon Musk over U.S. President-elect Donald Trump a “huge concern”. In an interview with the news magazine Der Spiegel published on Friday ahead […]
Read More
World
Germany’s Merkel laments influence of big business on Trump
German Chancellor Angela Merkel, on February 14, 2020 in Berlin, Germany. Felix Zahn | Photothek via Getty Images Former German chancellor Angela Merkel has called the influence of tech billionaires such as Elon Musk over U.S. President-elect Donald Trump a “huge concern”. In an interview with the news magazine Der Spiegel published on Friday ahead […]
Read More