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Asian instos fear Faangs have lost their bite

The largest tech stocks have suffered since early October, exposing risks that could spell the end of a long upward ride and force asset owners to rethink how they invest in equities.
Asian instos fear Faangs have lost their bite

Up until recently, US technology share prices were on a tear. For most of this year the so-called Faangs – Facebook, Amazon, Apple, Netflix and Google – added further gains to the 40% they recorded during 2017.

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