“GAFAM” is an acronym that refers to a group of five major American technology companies. The term is similar to “FAANG,” but it includes Microsoft instead of Netflix. The GAFAM stocks represent some of the largest and most influential companies in the technology sector. The companies included in GAFAM are:

1. **Google (Alphabet Inc.):** Google is a multinational technology company known for its internet-related services, including online search, advertising technologies, cloud computing, and software development.

2. **Apple Inc.:** Apple is a multinational technology company that designs, manufactures, and markets consumer electronics, computer software, and online services. It is widely recognized for products like the iPhone, iPad, Mac computers, and various software applications.

3. **Facebook (Meta Platforms, Inc.):** Facebook, now known as Meta Platforms, is a social media conglomerate that owns several major social networking platforms, including Facebook, Instagram, WhatsApp, and Oculus.

4. **Amazon.com Inc.:** Amazon is a multinational technology and e-commerce company. It is one of the world’s largest online retailers and provides a variety of services, including cloud computing (Amazon Web Services or AWS), streaming, and artificial intelligence.

5. **Microsoft Corporation:** Microsoft is a multinational technology company known for developing, licensing, and selling computer software, hardware, and other products. Microsoft is a major player in the software industry with products like Windows, Office, and Azure.

These companies are often considered among the most valuable and influential in the global tech industry. Their market capitalizations, financial performances, and impact on various sectors make them closely watched by investors, analysts, and the broader business community. It’s important to note that the composition of such acronyms or groupings can change over time due to market dynamics and corporate developments.