This is just like FAANG where they forget to include a major player like Microsoft. (Maybe it was legacy before Satya, but Azure and AI have brought it back to the front.)
Microsoft is doing better now, but it's employment conditions aren't the same as FAANG (and no where near the luxuries of when it was coined).
Amazon didn't look that good on a resume and "we're going to fire you the instant you underperform" Netflix wasn't that great a working environment.
I say we throw Amazon out and replace it with Microsoft. We could also throw netflix out, since they're doing pretty bad these days
Also Netflix got excluded in the new one because "the digital streaming pioneer’s market capitalization has not kept up with the others."
[1]: https://www.investopedia.com/terms/f/faang-stocks.asp [2]: https://www.cnbc.com/2021/10/29/cramer-new-acronym-to-replac...