What are the top stocks in the AI-Capex Hyperscalers bubble?

QuantAbundancia maps 5 primary stocks to the AI-Capex Hyperscalers bubble: MSFT, AMZN, META, GOOGL, ORCL.

What ETFs carry the AI-Capex Hyperscalers thesis?

4 ETFs on QuantAbundancia carry the AI-Capex Hyperscalers thesis: XLK (primary), MAGS, SKYY, VGT.

How correlated are AI-Capex Hyperscalers stocks?

The AI-Capex Hyperscalers bubble's primary members co-move with a 252-day average correlation of 0.28 across 10 pairs - weak co-movement.

AI-Capex Hyperscalers

The subset of mega-caps whose AI capex narrative dominates price action.

0.275avg corr (252d)

0.12 / 0.45min / max

10pairs

5primary stocks

4etfs

Weak co-movement

Stocks

$401.10
$249.89
$232fib+8%
$664.54
$354.46
$272fib+30%
$124.21
Adjacent (secondary)

Frequently asked questions

What are the top stocks in the AI-Capex Hyperscalers bubble?: QuantAbundancia maps 5 primary stocks to the AI-Capex Hyperscalers bubble: MSFT, AMZN, META, GOOGL, ORCL.
What ETFs carry the AI-Capex Hyperscalers thesis?: 4 ETFs on QuantAbundancia carry the AI-Capex Hyperscalers thesis: XLK (primary), MAGS, SKYY, VGT.
How correlated are AI-Capex Hyperscalers stocks?: The AI-Capex Hyperscalers bubble's primary members co-move with a 252-day average correlation of 0.28 across 10 pairs - weak co-movement.

Correlation matrix (252d)

	AMZN	GOOGL	META	MSFT	ORCL
AMZN	·	0.45	0.44	0.34	0.13
GOOGL	0.45	·	0.28	0.12	0.18
META	0.44	0.28	·	0.28	0.17
MSFT	0.34	0.12	0.28	·	0.36
ORCL	0.13	0.18	0.17	0.36	·

Ticker order reflects hierarchical clustering assignment. Tighter green blocks on the diagonal = stronger sub-clusters within the bubble.

Daily net ETF creations minus redemptions across primary ETFs in the bubble. Green = capital in, red = capital out. Computed nightly from issuer NAV + shares-outstanding data.

AI-Capex Hyperscalers

Stocks

Frequently asked questions

Correlation matrix (252d)

Research

ETFs carrying the thesis

Sub-clusters

ETF flows (30d)