Move over, Magnificent 7—it’s time for MANGOS.

By its second full trading day, SpaceX had surpassed the market caps of Mag 7 members Tesla, Meta and Amazon, leading some on Wall Street to look for a new acronym. Enter MANGOS, which went viral this month and includes the AI-focused Meta, Anthropic, Nvidia, Google, OpenAI and of course SpaceX, dropping Apple, Microsoft, Amazon and Tesla entirely.

Retail investors still can’t invest fully in the new acronym since OpenAI and Anthropic remain private. But both are planning to go public this year at valuations potentially north of $1 trillion.

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SpaceX rocketed past Amazon to become the world’s fifth-largest company by market value, bringing Elon Musk’s fortune above $1.4 trillion on Tuesday.

Iran could reportedly have access to up to $300 billion in reconstruction funds if it adheres to a peace agreement it recently struck with the U.S., though official terms of the deal remain scarce.

Billionaire Rick Jackson defeated heavily favored Lt. Gov. Burt Jones—who was endorsed by President Donald Trump—in Tuesday’s Republican gubernatorial runoff in Georgia.

Coinbase announced a slew of new products, including options trading for stocks and crypto and support for agentic trading, in an effort to transform itself into a one-stop trading platform for the next generation of investors. The largest crypto exchange in the U.S. is moving more decisively into the competition for young traders set to inherit baby boomer wealth, where Robinhood has long held........

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