My favorite take: <a href="https://twitter.com/jspaleta/status/1453798341347708930" rel="nofollow">https://twitter.com/jspaleta/status/1453798341347708930</a><p>"I work for the MAAAN"
MAGMA (Microsoft, Apple, Google, Meta, Amazon).<p>I've never understood why Netflix was equated with the bigger companies. It's market cap is $300B the others (excluding Facebook) are all above $1T, and Facebook/Meta has a chance of breaking the $1T in the next year.
Anybody else think this renaming will go down in history as right up there with "Inprise"[1]?<p>[1]: <a href="https://www.computerworld.com/article/2589416/inprise-to-change-its---name-back-to-borland.html" rel="nofollow">https://www.computerworld.com/article/2589416/inprise-to-cha...</a>
Replace Netflix with Microsoft then you either have:<p><pre><code> GAMMA or MAGMA
</code></pre>
Google, Apple, Meta, Microsoft, Amazon.<p>or<p>Meta, Apple, Google, Microsoft, Amazon.<p>Both seem to work. But I'd go with GAMMA.
I have no idea why FAANG is still a thing. Of the trillion dollars companies, Meta/FB is no longer one of them. Netflix no idea how they even got part of the league.<p>Should be ATAMA - Apple, Tesla, Amazon, Microsoft, Alphabet.<p>But really, it will be BTS - Bitcoin, Tesla and SpaceX. The $10T club.
Some people started early on this one in the post with the name change announcement<p><a href="https://news.ycombinator.com/item?id=29029385" rel="nofollow">https://news.ycombinator.com/item?id=29029385</a>
MAMATA - These Represent the 6 Largest Companies in the S&P 500 By Market Cap<p>Microsoft - Technology Sector<p>Apple - Technology Sector<p>Meta - Communication Services Sector<p>Alphabet - Communication Services Sector<p>Tesla - Consumer Cyclical Sector<p>Amazon - Consumer Cyclical Sector