For decades, FAANG and similar companies played an outsized role in public markets and in the daily lives of billions of people. Many have recently seen their business models come under stress. Governments seem increasingly poised to challenge their reach and impact whether through legislation, regulation, or litigation.
Cowen is anticipating a new wave of technology companies, in part arising from growing security concerns amidst a changing geopolitical landscape; increased urgency to develop clean energy applications; shifts to demographics more apt to embrace virtual interactions and digital representations; and a heightened focus on delivery of personalized experiences while respecting consumer privacy.
What we’re watching