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Reproduced from The Felder Report; Chart: Axios Visuals

The FANG stocks (Facebook, Amazon, Netflix and Alphabet's Google) have performed well so far this year in the face of the coronavirus pandemic, but their returns have been dwarfed by the BANG stocks (Barrick, Agnico Eagle, Newmont and Goldcorp).

What it means: Investors have holed up in tech companies believing they are strongly positioned to weather the storm, but gold miners have driven significantly more value over the past two years. Since early May 2018, BANG has nearly tripled the gain of FANG, Jesse Felder of the Felder Report notes.

  • "Part of this dramatic outperformance is due to rising gold prices which have boosted revenue growth for the BANG stocks."
  • "Combine this with the fact that these stocks were trading at significant discounts to their historical valuations and you have a recipe for an explosion higher in prices."

Go deeper: Coronavirus-driven bad news hasn't stopped the stock market comeback

Go deeper

Jul 27, 2020 - Technology

Big Tech's power, in 4 numbers

Data: FactSet; Chart: Naema Ahmed/Axios

The four Big Tech CEOs who will testify before Congress Wednesday command global empires with power and wealth that make them more like countries than companies.

By the numbers: Here are four very large stats for Facebook, Apple, Google/Alphabet and Amazon that tell the story of their value, scale and influence.

Updated 50 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Chris Christie: Wear a mask "or you may regret it — as I did" — Senate Democrats block vote on McConnell's targeted relief bill.
  2. Business: New state unemployment filings fall.
  3. Economy: Why the stimulus delay isn't a crisis (yet).
  4. Health: FDA approves Gilead's remdesivir as a coronavirus treatment How the pandemic might endMany U.S. deaths were avoidable.
  5. Education: Boston and Chicago send students back home for online learning.
  6. World: Spain and France exceed 1 million cases.

FBI: Russian hacking group stole data after targeting local governments

FBI Headquarters. Photo: Mark Wilson/Getty Images

Energetic Bear, a Russian state-sponsored hacking group, has stolen data from two servers after targeting state and federal government networks in the U.S. since at least September, the FBI and Cybersecurity and Infrastructure Security Agency said on Thursday.

Driving the news: Director of National Intelligence John Ratcliffe announced Wednesday that Iran and Russia had obtained voter registration information that could be used to undermine confidence in the U.S. election system.