Quick Read – NVDA revenue surged 85% year over year and GOOGL led public MANGOS members with a 14% year-to-date gain. – MSFT and AMZN provide indirect exposure to private MANGOS members OpenAI and Anthropic ahead of their anticipated IPOs. – SpaceX is expected to IPO next week,…
d Gavin Baker estimates the full MANGOS group could be worth $2 trillion combined. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Google didn’t make the cut. Grab the names FREE today
Wall Street has never met an acronym it didn’t like. FAANG gave way to the Magnificent 7, and now a fresh label is making the rounds among investors trying to capture the next leg of the artificial intelligence (AI) trade. The new grouping, half marketing slogan and half investment thesis, goes by the name MANGOS: Meta Platforms (NASDAQ:META), Anthropic, NVIDIA (NASDAQ:NVDA), Google, OpenAI, and SpaceX.
The logic behind the basket is straightforward. Five of the six are building frontier AI models, while NVIDIA supplies the chips powering the entire industry. Investor Gavin Baker has suggested that these companies could be worth up to $2 trillion combined if they were public today, a figure that captures both the enthusiasm and the speculative nature of the label.