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Correct, It's often used in modern context when talking about what stock is powering the market right now. It's a "FAANG" market.

EDIT: https://www.investopedia.com/terms/f/faang-stocks.asp




Oh, it's a stock thing? It makes more sense as Wall Street slang - in terms of the technological landscape, one of those companies is so obviously dissimilar to the others that the phrase makes little sense.




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