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The dysfunctional dynasty of "Succession," the teen drama "Euphoria" and a comedy series set in the fictional White Lotus resort helped propel HBO to the top of the Emmy Awards heap Monday, surpassing streaming rival Netflix Inc.

Hollywood stars gathered on Monday to toast the best of television at the annual Emmy awards, where back-stabbing drama "Succession" will battle South Korean sensation "Squid Game" for the top prize.

Peloton Interactive Inc said on Monday co-founder John Foley would step down from his role as the fitness equipment maker's executive chair "to start a new professional chapter", effective Sept. 12.

Peloton Interactive Inc said on Monday co-founder John Foley would step down from his role as the fitness equipment maker's executive chair "to start a new professional chapter", effective Sept. 12.

Netflix NFLX recently announced that it has inked a partnership with Ubisoft, under which, three mobile games will be developed exclusively for its users. The games based on the Valiant Hearts, Mighty Quest and Assassin's Creed franchises will be available beginning in 20

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Portfolio S&P 500 Growth ETF (Symbol: SPYG) where we have detected an approximate $166.8 million dollar outflow -- that's a 1.1% decrease w

NEW YORK (Reuters Breakingviews) - Pushy investor Dan Loeb has changed his mind, somewhat, about Walt Disney. He is backing off his demand that the $210 billion entertainment giant run by Chief Executive Bob Chapek sell sports network ESPN. But

Netflix (NASDAQ: NFLX) and Walt Disney (NYSE: DIS) have both announced upcoming ad-supported plans. The tiers are being positioned as entry-level offerings, intended to draw in subscribers who will tolerate marketing messages. For Netflix and Walt Disney, that means more opportun

A unit of Sony Group and India's Zee Entertainment have proposed offering concessions such as pricing discounts to help ease concerns of the country's antitrust regulator over their merger, which will create a $10-billion TV behemoth, two sources told Reuters.

Hollywood stars will gather on Monday night to toast the best of television at the annual Emmy awards, where back-stabbing drama "Succession" will battle South Korean sensation "Squid Game" for the top prize.

Ubisoft, France's biggest video games maker, is still open to other partners after a deal in which China's Tencent will raise its stake in the company, its co-founder and CEO Yves Guillemot said on Thursday.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

September is usually a quieter month for the stock market. The markets are closed on Labor Day, people are focused on getting back to work and school after vacation, and there's only a trickle of earnings reports.However, considering the wild ride the stock market's taken over th

The start of 2022 reminded every investor that the law of gravity still rules when it comes to stocks. The S&P 500 had its worst six-month period in over 50 years between January and June, losing more than a fifth of its value and entering bear market territory, while the tec

Timing the market may be a great strategy for investors who can reliably pull it off. The problem is, there is no such investor. No one can accurately and consistently predict precisely when a stock or the broader market will bottom out. That's why trying to do so is a waste of t

"All the Beauty and the Bloodshed", a documentary about U.S. photographer Nan Goldin and her fight against the wealthy Sackler family, won the top Golden Lion award at the Venice Film Festival on Saturday.

With Ray Wang, Principal Analyst and the Founder of Constellation Research, upgrading FAANG to MATANA, the obvious question is which tech stocks basket is a better play? A simple price performance comparison shows that MATANA had the upper hand in one year. Further, on average, analysts see a higher upside in MATANA stocks. However, investing is not about buying fancy acronyms. According to TipRanks’ data-driven Smart Score, only Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL) in the MATANA list have a higher potential to outperform the market. 

But before we dig deeper, let’s examine why FAANG needed an upgrade.

Why the Rebranding? 

For years, FAANG stocks - Meta (previously Facebook) (NASDAQ:META), Apple, Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX), and Alphabet (earlier Google) (NASDAQ:GOOGL) (NASDAQ:GOOG) – symbolized big tech companies. 

However, Wang, in a video interview with Yahoo Finance Live, suggested dropping Meta and Netflix from the big tech list and advised adding Microsoft, Tesla (NASDAQ:TSLA), and Nvidia (NASDAQ:NVDA) to the group. Together, these stocks are now known as MATANA. 

The move follows the underperformance of FAANG stocks in 2022. Blame the base effect for the slowdown in their growth or investors losing appetite for risk amid fears of an economic slowdown, FAANG stocks have lost their sheen. 

Specifically, Meta Platforms and Netflix are struggling to stay relevant to their consumers amid their changing preferences in the post-pandemic world and heightened competition. 

FAANG or MATANA: Which Is the Better Tech Play?

Built with TipRanks’ Stock Comparison tool, here is a summary of how FAANG stocks performed in the past year and what analysts recommend. 

The graph below shows that FAANG stocks, on average, are down over 34% in the past one year. Meanwhile, analysts’ average price target reflects an upside potential of over 25% in one year. 

The Stock Comparison tool shows that a portfolio of MATANA stocks have performed better than FAANG stocks in the past one year. For context, MATANA stocks, on average, are down about 2.2% during the comparable period, significantly outperforming FAANG stocks. 

Further, analysts’ average price target shows an upside of over 28% in the next 12 months.

Bottom Line

MATANA is slightly more diversified than FAANG. However, this shouldn’t matter much as the broader industry classification is the same, with these stocks being prone to similar risks.  

Furthermore, the above graph shows that only Microsoft and Apple stock sport an Outperform Smart Score on TipRanks in the MATANA list. Meanwhile, hedge funds are also bullish on only these two stocks. 

All in all, investors should focus on diversifying their portfolio with Top Smart Score Stocks across multiple sectors to lower risk and maximize gains. 

Read full Disclosure 

Netflix's (NASDAQ: NFLX) fall from top growth stock to beaten-down value stock has been truly incredible. Less than a year ago, Netflix's stock price nearly eclipsed $700 per share. Now, it sits at just around $230.

The stock market might be bottoming out, or it might keep falling to fresh lows. Regardless of what happens in the near term, though, there are plenty of great companies on sale that will survive this period of market mayhem and generate great returns for patient, long-term inves

Stocks continued their push higher Friday, with today's gains helping the major market indexes snap a three-week losing streak.