Watch this rotation 🔥 Told you liquidity will rotate into MAG7. Big Tech is surging while AI infrastructure stocks fall. Apple is up about 6–7% to a record, with an all-time high of $351.74 and a market cap of about $5.12T. It closed at $331.90 on Tuesday. Kobeissi calls it the world's most valuable company again, but that's unconfirmed, since Nvidia closed Tuesday at $4.99T. Goldman says the Democratic wins could set off temporary pauses on about 45% of planned US data center capacity, with Texas alone accounting for about 25%. Voters also passed 33 local measures restricting data centers. IREN is down 5–7%, CoreWeave 4–5% and Nebius about 2%, even with the Nasdaq up. Money is moving out of data center builders and into megacaps with big cash piles, and the AI spending trade now carries political risk.