Facebook, Apple, Amazon, Netflix, Google doubled their effect on S&P 500 – Recode

Facebook, Apple, Amazon, Netflix and Google — referred to collectively as FAANG — now make up more than 11 percent of the S&P 500 index. That’s nearly double what they represented in 2013, when Facebook first became part of the index, which only lists the most valuable public companies in the U.S.
— Read on www.recode.net/2018/3/30/17180932/facebook-apple-amazon-netflix-google-doubled-sp500-index