$INFRA - Infrastructure spending will surge as countries build new defense capabilities and reduce dependence on US systems, particularly in Europe and Canada.
$GOOGL - Google's massive AI infrastructure spending is self-financed and shows strong commitment to AI leadership, with ability to issue 100-year bonds demonstrating financial strength.
$AMZN - Amazon's AI infrastructure spending is accelerating significantly with eye-watering capex numbers that will move GDP.
$AIMODELS - AI will drive significant productivity growth and real income gains in the next couple years as businesses figure out how to implement the technology.
Bearish:
$TRADFI - Traditional investment outside of AI is weak despite favorable conditions, suggesting structural headwinds from policy uncertainty.
$HOUSING - Housing market continues to be soft despite lower real mortgage rates, indicating persistent weakness.