High-growth tech stocks like Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOG & GOOGL), Meta Platforms (FB), Netflix (NFLX) have led the US stock market, the S&P 500, and most of our portfolios higher for the better part of a decade. e’ve all grown used to seeing monikers like FAANG, FAMGA, FAANGM, and the ninety-seven other iterations that scroll across our computer and TV screens daily. The FAANGMs, now joined by Tesla (TSLA) and NVIDIA (NVDA) as some of the largest constituents in the S&P 500, are falling victim to rapid inflation, economic uncertainty, and stymied consumer sentiment.