F.A.A.M.G bang: Tech stocks in focus

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Shockwaves were felt across the technology sector earlier this week after Apple warned investors that it may not meet its first quarter revenue guidance due to coronavirus outbreak.

Apple shares tumbled as much as 3.2% on Tuesday with the tremors felt across the board with investors questioning whether other companies exposed to China will also issue similar profit warnings. The ‘Big Five’ comprising of Facebook, Amazon, Apple, Microsoft and Google (F.A.A.M.G) all reacted differently to Apples’ surprise sales warning. Much attention should be directed towards how the five biggest US tech… Read More:

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