Data Cloud & AI Infrastructure Stack

The AI trade is broadening from chips into the data layer: enterprises must consolidate, store, move, and observe data before agents can run on it. Cloud data platforms and edge networks are at or near 52-week highs while mega-cap chip beta is crowded, and this stack monetizes AI workloads regardless of which silicon wins. No live North portfolio owns the data-platform and observability layer specifically. Catalysts: - 2026-10-11 Cyber budgets set to surge, with Palo Alto and CrowdStrike first in line (https://finance.yahoo.com/technology/ai/articles/cyber-defense-budgets-roof-palo-172955535.html) Launch basket (equal weight): SNOW, NET, ORCL, IBM, HPE, MDB, DDOG, NTAP 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.