Consumer Internet: Audiences & Transactions

Own the consumer internet platforms that monetize attention, entertainment and online transactions, rather than the hardware supplying the AI buildout. The basket combines advertising-funded audiences with streaming, gaming, travel and commerce, making it broader than a marketplace-only strategy. Recent weakness in Netflix, AppLovin, Booking and Uber offers an entry point, although advertising budgets and discretionary spending remain important risks. Launch basket (equal weight): APP, NFLX, BKNG, SHOP, UBER, META, GOOGL, RBLX, PINS, ROKU Rules: 1. No inverse, leveraged or volatility ETFs. 2. Only names tradable at the enrolled brokers (Moomoo): no OTC listings, no dead tickers, nothing on the refused list.