Go go go MAMAA
The newly found FAANG family, now called MAMAA by Mad Money's Jim Cramer (he coined the first phrase in 2013), includes Meta (FB), Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), and Google parent Alphabet (GOOGL).
The quintet will report earnings over the next several sessions, with many eager to see how the quarterly results will impact market direction given their heavy weighting in the S&P 500.
Combined revenue of the group is expected to have surpassed $340B in Q1 of 2022, up by 7% compared with the same period last year.
SOURCE: Seeking Alpha, 26 Apr 2022
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