Talent Flow · weekly delta scans
Where the elite engineers go, the capital follows.
Every Monday we scan three streams — talent movement, capital formation, and hiring demand — across twelve sectors, and map what we find to public tickers. This is the full record, including the parts that went nowhere.
Best validated call
Electrician shortage flagged as the binding constraint on datacenter builds.
Quanta Services +49.5% YTD 2026
against S&P 500 +10.9% · flagged Nov 3, 2025
GE Vernova ≈ +200% TTM
Vertiv +42% YTD
ServiceNow (donor side) −51% from highs
The Signal Tape
Every sector, every week of the record. Direction is the reading the scan filed that week — not a price move.
as of Jul 27, 2026
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Frontier AI labs
Datacenter power
Physical AI / robotics
AI coding / dev tools
Agent infrastructure
Defense tech
World models / spatial
AI + healthcare/bio
Nuclear & firm power
Semi fab workforce
Horizontal SaaS
Crypto
backfilled — reconstructed record
live scans
strongly accelerating accelerating steady cooling declining not yet tracked reduced saturation = backfilled
Evidence — hover or tab into the tape
Each cell carries the reading its Monday scan filed, and the evidence line behind it.
| Sector | Week | Direction | Intensity | Momentum | Provenance | Evidence |
|---|---|---|---|---|---|---|
| Frontier AI labs | 2025-11-03 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| Datacenter power | 2025-11-03 | accelerating | +1 · accelerating | 7.5 | reconstructed | Electrician shortage named the binding constraint on datacenter builds. |
| Physical AI / robotics | 2025-11-03 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| AI coding / dev tools | 2025-11-03 | accelerating | +2 · strongly accelerating | 9.5 | reconstructed | — |
| Agent infrastructure | 2025-11-03 | steady | 0 · steady | 5.0 | reconstructed | — |
| Defense tech | 2025-11-03 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| World models / spatial | 2025-11-03 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| AI + healthcare/bio | 2025-11-03 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| Horizontal SaaS | 2025-11-03 | cooling | -1 · cooling | 3.5 | reconstructed | — |
| Crypto | 2025-11-03 | cooling | -1 · cooling | 3.5 | reconstructed | — |
| Frontier AI labs | 2025-11-10 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Datacenter power | 2025-11-10 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | Electrician shortage named the binding constraint on datacenter builds. |
| Physical AI / robotics | 2025-11-10 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2025-11-10 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2025-11-10 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Defense tech | 2025-11-10 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| World models / spatial | 2025-11-10 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2025-11-10 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2025-11-10 | cooling | -1 · cooling | — (monthly only) | reconstructed | — |
| Crypto | 2025-11-10 | cooling | -1 · cooling | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2025-11-17 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Datacenter power | 2025-11-17 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | Electrician shortage named the binding constraint on datacenter builds. |
| Physical AI / robotics | 2025-11-17 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2025-11-17 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2025-11-17 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Defense tech | 2025-11-17 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| World models / spatial | 2025-11-17 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2025-11-17 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2025-11-17 | cooling | -1 · cooling | — (monthly only) | reconstructed | — |
| Crypto | 2025-11-17 | cooling | -1 · cooling | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2025-11-24 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Datacenter power | 2025-11-24 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | Electrician shortage named the binding constraint on datacenter builds. |
| Physical AI / robotics | 2025-11-24 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2025-11-24 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2025-11-24 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Defense tech | 2025-11-24 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| World models / spatial | 2025-11-24 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2025-11-24 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2025-11-24 | cooling | -1 · cooling | — (monthly only) | reconstructed | — |
| Crypto | 2025-11-24 | cooling | -1 · cooling | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2025-12-01 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| Datacenter power | 2025-12-01 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| Physical AI / robotics | 2025-12-01 | accelerating | +2 · strongly accelerating | 9.5 | reconstructed | — |
| AI coding / dev tools | 2025-12-01 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| Agent infrastructure | 2025-12-01 | steady | 0 · steady | 5.0 | reconstructed | — |
| Defense tech | 2025-12-01 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| World models / spatial | 2025-12-01 | steady | 0 · steady | 5.0 | reconstructed | — |
| AI + healthcare/bio | 2025-12-01 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| Horizontal SaaS | 2025-12-01 | cooling | -1 · cooling | 3.5 | reconstructed | — |
| Crypto | 2025-12-01 | declining | -2 · declining | 1.5 | reconstructed | — |
| Frontier AI labs | 2025-12-08 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Datacenter power | 2025-12-08 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Physical AI / robotics | 2025-12-08 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2025-12-08 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2025-12-08 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Defense tech | 2025-12-08 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| World models / spatial | 2025-12-08 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2025-12-08 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2025-12-08 | cooling | -1 · cooling | — (monthly only) | reconstructed | — |
| Crypto | 2025-12-08 | declining | -2 · declining | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2025-12-15 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Datacenter power | 2025-12-15 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Physical AI / robotics | 2025-12-15 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2025-12-15 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2025-12-15 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Defense tech | 2025-12-15 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| World models / spatial | 2025-12-15 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2025-12-15 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2025-12-15 | cooling | -1 · cooling | — (monthly only) | reconstructed | — |
| Crypto | 2025-12-15 | declining | -2 · declining | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2025-12-22 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Datacenter power | 2025-12-22 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Physical AI / robotics | 2025-12-22 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2025-12-22 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2025-12-22 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Defense tech | 2025-12-22 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| World models / spatial | 2025-12-22 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2025-12-22 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2025-12-22 | cooling | -1 · cooling | — (monthly only) | reconstructed | — |
| Crypto | 2025-12-22 | declining | -2 · declining | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2025-12-29 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Datacenter power | 2025-12-29 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Physical AI / robotics | 2025-12-29 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2025-12-29 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2025-12-29 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Defense tech | 2025-12-29 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| World models / spatial | 2025-12-29 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2025-12-29 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2025-12-29 | cooling | -1 · cooling | — (monthly only) | reconstructed | — |
| Crypto | 2025-12-29 | declining | -2 · declining | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2026-01-05 | accelerating | +2 · strongly accelerating | 9.5 | reconstructed | xAI $20B round + term sheet. |
| Datacenter power | 2026-01-05 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| Physical AI / robotics | 2026-01-05 | accelerating | +2 · strongly accelerating | 9.5 | reconstructed | — |
| AI coding / dev tools | 2026-01-05 | steady | 0 · steady | 5.0 | reconstructed | — |
| Agent infrastructure | 2026-01-05 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| Defense tech | 2026-01-05 | steady | 0 · steady | 5.0 | reconstructed | — |
| World models / spatial | 2026-01-05 | steady | 0 · steady | 5.0 | reconstructed | — |
| AI + healthcare/bio | 2026-01-05 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| Horizontal SaaS | 2026-01-05 | cooling | -1 · cooling | 3.5 | reconstructed | — |
| Crypto | 2026-01-05 | cooling | -1 · cooling | 3.5 | reconstructed | — |
| Frontier AI labs | 2026-01-12 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | xAI $20B round + term sheet. |
| Datacenter power | 2026-01-12 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Physical AI / robotics | 2026-01-12 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2026-01-12 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2026-01-12 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Defense tech | 2026-01-12 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| World models / spatial | 2026-01-12 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2026-01-12 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2026-01-12 | cooling | -1 · cooling | — (monthly only) | reconstructed | — |
| Crypto | 2026-01-12 | cooling | -1 · cooling | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2026-01-19 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | xAI $20B round + term sheet. |
| Datacenter power | 2026-01-19 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Physical AI / robotics | 2026-01-19 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2026-01-19 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2026-01-19 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Defense tech | 2026-01-19 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| World models / spatial | 2026-01-19 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2026-01-19 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2026-01-19 | cooling | -1 · cooling | — (monthly only) | reconstructed | — |
| Crypto | 2026-01-19 | cooling | -1 · cooling | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2026-01-26 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | xAI $20B round + term sheet. |
| Datacenter power | 2026-01-26 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Physical AI / robotics | 2026-01-26 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2026-01-26 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2026-01-26 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Defense tech | 2026-01-26 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| World models / spatial | 2026-01-26 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2026-01-26 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2026-01-26 | cooling | -1 · cooling | — (monthly only) | reconstructed | — |
| Crypto | 2026-01-26 | cooling | -1 · cooling | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2026-02-02 | accelerating | +2 · strongly accelerating | 9.5 | reconstructed | Anthropic $30B; Waymo $16B. |
| Datacenter power | 2026-02-02 | accelerating | +2 · strongly accelerating | 9.5 | reconstructed | All four hyperscalers guide to record capex. |
| Physical AI / robotics | 2026-02-02 | accelerating | +2 · strongly accelerating | 9.5 | reconstructed | — |
| AI coding / dev tools | 2026-02-02 | steady | 0 · steady | 5.0 | reconstructed | — |
| Agent infrastructure | 2026-02-02 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| Defense tech | 2026-02-02 | steady | 0 · steady | 5.0 | reconstructed | — |
| World models / spatial | 2026-02-02 | accelerating | +2 · strongly accelerating | 9.5 | reconstructed | — |
| AI + healthcare/bio | 2026-02-02 | steady | 0 · steady | 5.0 | reconstructed | — |
| Horizontal SaaS | 2026-02-02 | cooling | -1 · cooling | 3.5 | reconstructed | — |
| Crypto | 2026-02-02 | cooling | -1 · cooling | 3.5 | reconstructed | — |
| Frontier AI labs | 2026-02-09 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | Anthropic $30B; Waymo $16B. |
| Datacenter power | 2026-02-09 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | All four hyperscalers guide to record capex. |
| Physical AI / robotics | 2026-02-09 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2026-02-09 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2026-02-09 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Defense tech | 2026-02-09 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| World models / spatial | 2026-02-09 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2026-02-09 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2026-02-09 | cooling | -1 · cooling | — (monthly only) | reconstructed | — |
| Crypto | 2026-02-09 | cooling | -1 · cooling | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2026-02-16 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | Anthropic $30B; Waymo $16B. |
| Datacenter power | 2026-02-16 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | All four hyperscalers guide to record capex. |
| Physical AI / robotics | 2026-02-16 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2026-02-16 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2026-02-16 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Defense tech | 2026-02-16 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| World models / spatial | 2026-02-16 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2026-02-16 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2026-02-16 | cooling | -1 · cooling | — (monthly only) | reconstructed | — |
| Crypto | 2026-02-16 | cooling | -1 · cooling | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2026-02-23 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | Anthropic $30B; Waymo $16B. |
| Datacenter power | 2026-02-23 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | All four hyperscalers guide to record capex. |
| Physical AI / robotics | 2026-02-23 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2026-02-23 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2026-02-23 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Defense tech | 2026-02-23 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| World models / spatial | 2026-02-23 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2026-02-23 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2026-02-23 | cooling | -1 · cooling | — (monthly only) | reconstructed | — |
| Crypto | 2026-02-23 | cooling | -1 · cooling | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2026-03-02 | accelerating | +1 · accelerating | 7.5 | reconstructed | OpenAI $122B. ~80% of world VC flowed to AI in Q1. |
| Datacenter power | 2026-03-02 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| Physical AI / robotics | 2026-03-02 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| AI coding / dev tools | 2026-03-02 | steady | 0 · steady | 5.0 | reconstructed | — |
| Agent infrastructure | 2026-03-02 | steady | 0 · steady | 5.0 | reconstructed | — |
| Defense tech | 2026-03-02 | accelerating | +2 · strongly accelerating | 9.5 | reconstructed | — |
| World models / spatial | 2026-03-02 | accelerating | +2 · strongly accelerating | 9.5 | reconstructed | — |
| AI + healthcare/bio | 2026-03-02 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| Horizontal SaaS | 2026-03-02 | declining | -2 · declining | 1.5 | reconstructed | "Headcount funds capex" pattern named across horizontal SaaS. |
| Crypto | 2026-03-02 | declining | -2 · declining | 1.5 | reconstructed | — |
| Frontier AI labs | 2026-03-09 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | OpenAI $122B. ~80% of world VC flowed to AI in Q1. |
| Datacenter power | 2026-03-09 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Physical AI / robotics | 2026-03-09 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2026-03-09 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2026-03-09 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Defense tech | 2026-03-09 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| World models / spatial | 2026-03-09 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2026-03-09 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2026-03-09 | declining | -2 · declining | — (monthly only) | reconstructed | "Headcount funds capex" pattern named across horizontal SaaS. |
| Crypto | 2026-03-09 | declining | -2 · declining | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2026-03-16 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | OpenAI $122B. ~80% of world VC flowed to AI in Q1. |
| Datacenter power | 2026-03-16 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Physical AI / robotics | 2026-03-16 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2026-03-16 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2026-03-16 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Defense tech | 2026-03-16 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| World models / spatial | 2026-03-16 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2026-03-16 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2026-03-16 | declining | -2 · declining | — (monthly only) | reconstructed | "Headcount funds capex" pattern named across horizontal SaaS. |
| Crypto | 2026-03-16 | declining | -2 · declining | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2026-03-23 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | OpenAI $122B. ~80% of world VC flowed to AI in Q1. |
| Datacenter power | 2026-03-23 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Physical AI / robotics | 2026-03-23 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2026-03-23 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2026-03-23 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Defense tech | 2026-03-23 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| World models / spatial | 2026-03-23 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2026-03-23 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2026-03-23 | declining | -2 · declining | — (monthly only) | reconstructed | "Headcount funds capex" pattern named across horizontal SaaS. |
| Crypto | 2026-03-23 | declining | -2 · declining | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2026-03-30 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | OpenAI $122B. ~80% of world VC flowed to AI in Q1. |
| Datacenter power | 2026-03-30 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Physical AI / robotics | 2026-03-30 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2026-03-30 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2026-03-30 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Defense tech | 2026-03-30 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| World models / spatial | 2026-03-30 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2026-03-30 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2026-03-30 | declining | -2 · declining | — (monthly only) | reconstructed | "Headcount funds capex" pattern named across horizontal SaaS. |
| Crypto | 2026-03-30 | declining | -2 · declining | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2026-04-06 | accelerating | +2 · strongly accelerating | 9.5 | reconstructed | — |
| Datacenter power | 2026-04-06 | accelerating | +2 · strongly accelerating | 9.5 | reconstructed | — |
| Physical AI / robotics | 2026-04-06 | accelerating | +2 · strongly accelerating | 9.5 | reconstructed | Prometheus $10B. |
| AI coding / dev tools | 2026-04-06 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| Agent infrastructure | 2026-04-06 | steady | 0 · steady | 5.0 | reconstructed | — |
| Defense tech | 2026-04-06 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| World models / spatial | 2026-04-06 | steady | 0 · steady | 5.0 | reconstructed | — |
| AI + healthcare/bio | 2026-04-06 | steady | 0 · steady | 5.0 | reconstructed | — |
| Horizontal SaaS | 2026-04-06 | declining | -2 · declining | 1.5 | reconstructed | — |
| Crypto | 2026-04-06 | declining | -2 · declining | 1.5 | reconstructed | Active crypto devs −56%; commits −75% off peak. |
| Frontier AI labs | 2026-04-13 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| Datacenter power | 2026-04-13 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| Physical AI / robotics | 2026-04-13 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | Prometheus $10B. |
| AI coding / dev tools | 2026-04-13 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2026-04-13 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Defense tech | 2026-04-13 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| World models / spatial | 2026-04-13 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2026-04-13 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2026-04-13 | declining | -2 · declining | — (monthly only) | reconstructed | — |
| Crypto | 2026-04-13 | declining | -2 · declining | — (monthly only) | reconstructed | Active crypto devs −56%; commits −75% off peak. |
| Frontier AI labs | 2026-04-20 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| Datacenter power | 2026-04-20 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| Physical AI / robotics | 2026-04-20 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | Prometheus $10B. |
| AI coding / dev tools | 2026-04-20 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2026-04-20 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Defense tech | 2026-04-20 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| World models / spatial | 2026-04-20 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2026-04-20 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2026-04-20 | declining | -2 · declining | — (monthly only) | reconstructed | — |
| Crypto | 2026-04-20 | declining | -2 · declining | — (monthly only) | reconstructed | Active crypto devs −56%; commits −75% off peak. |
| Frontier AI labs | 2026-04-27 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| Datacenter power | 2026-04-27 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| Physical AI / robotics | 2026-04-27 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | Prometheus $10B. |
| AI coding / dev tools | 2026-04-27 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2026-04-27 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Defense tech | 2026-04-27 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| World models / spatial | 2026-04-27 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2026-04-27 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2026-04-27 | declining | -2 · declining | — (monthly only) | reconstructed | — |
| Crypto | 2026-04-27 | declining | -2 · declining | — (monthly only) | reconstructed | Active crypto devs −56%; commits −75% off peak. |
| Frontier AI labs | 2026-05-04 | accelerating | +1 · accelerating | 7.5 | reconstructed | Anthropic $65B; Amazon $5B. xAI sheds 50+ (lab-specific). |
| Datacenter power | 2026-05-04 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| Physical AI / robotics | 2026-05-04 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| AI coding / dev tools | 2026-05-04 | accelerating | +2 · strongly accelerating | 9.5 | reconstructed | — |
| Agent infrastructure | 2026-05-04 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| Defense tech | 2026-05-04 | accelerating | +2 · strongly accelerating | 9.5 | reconstructed | Anduril $5.3B. |
| World models / spatial | 2026-05-04 | steady | 0 · steady | 5.0 | reconstructed | — |
| AI + healthcare/bio | 2026-05-04 | steady | 0 · steady | 5.0 | reconstructed | — |
| Horizontal SaaS | 2026-05-04 | declining | -2 · declining | 1.5 | reconstructed | — |
| Crypto | 2026-05-04 | declining | -2 · declining | 1.5 | reconstructed | — |
| Frontier AI labs | 2026-05-11 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | Anthropic $65B; Amazon $5B. xAI sheds 50+ (lab-specific). |
| Datacenter power | 2026-05-11 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Physical AI / robotics | 2026-05-11 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2026-05-11 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2026-05-11 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Defense tech | 2026-05-11 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | Anduril $5.3B. |
| World models / spatial | 2026-05-11 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2026-05-11 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2026-05-11 | declining | -2 · declining | — (monthly only) | reconstructed | — |
| Crypto | 2026-05-11 | declining | -2 · declining | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2026-05-18 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | Anthropic $65B; Amazon $5B. xAI sheds 50+ (lab-specific). |
| Datacenter power | 2026-05-18 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Physical AI / robotics | 2026-05-18 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2026-05-18 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2026-05-18 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Defense tech | 2026-05-18 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | Anduril $5.3B. |
| World models / spatial | 2026-05-18 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2026-05-18 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2026-05-18 | declining | -2 · declining | — (monthly only) | reconstructed | — |
| Crypto | 2026-05-18 | declining | -2 · declining | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2026-05-25 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | Anthropic $65B; Amazon $5B. xAI sheds 50+ (lab-specific). |
| Datacenter power | 2026-05-25 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Physical AI / robotics | 2026-05-25 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2026-05-25 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2026-05-25 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Defense tech | 2026-05-25 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | Anduril $5.3B. |
| World models / spatial | 2026-05-25 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2026-05-25 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2026-05-25 | declining | -2 · declining | — (monthly only) | reconstructed | — |
| Crypto | 2026-05-25 | declining | -2 · declining | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2026-06-01 | accelerating | +2 · strongly accelerating | 9.5 | reconstructed | OpenAI roughly doubles headcount over the tracked span. |
| Datacenter power | 2026-06-01 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| Physical AI / robotics | 2026-06-01 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| AI coding / dev tools | 2026-06-01 | accelerating | +2 · strongly accelerating | 9.5 | reconstructed | — |
| Agent infrastructure | 2026-06-01 | accelerating | +2 · strongly accelerating | 9.5 | reconstructed | — |
| Defense tech | 2026-06-01 | steady | 0 · steady | 5.0 | reconstructed | — |
| World models / spatial | 2026-06-01 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| AI + healthcare/bio | 2026-06-01 | accelerating | +1 · accelerating | 7.5 | reconstructed | — |
| Horizontal SaaS | 2026-06-01 | declining | -2 · declining | 1.5 | reconstructed | Oracle −21K · Meta −8K · Amazon −16K announced reductions. |
| Crypto | 2026-06-01 | declining | -2 · declining | 1.5 | reconstructed | — |
| Frontier AI labs | 2026-06-08 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | OpenAI roughly doubles headcount over the tracked span. |
| Datacenter power | 2026-06-08 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Physical AI / robotics | 2026-06-08 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2026-06-08 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2026-06-08 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| Defense tech | 2026-06-08 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| World models / spatial | 2026-06-08 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2026-06-08 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2026-06-08 | declining | -2 · declining | — (monthly only) | reconstructed | Oracle −21K · Meta −8K · Amazon −16K announced reductions. |
| Crypto | 2026-06-08 | declining | -2 · declining | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2026-06-15 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | OpenAI roughly doubles headcount over the tracked span. |
| Datacenter power | 2026-06-15 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Physical AI / robotics | 2026-06-15 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2026-06-15 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2026-06-15 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| Defense tech | 2026-06-15 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| World models / spatial | 2026-06-15 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2026-06-15 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2026-06-15 | declining | -2 · declining | — (monthly only) | reconstructed | Oracle −21K · Meta −8K · Amazon −16K announced reductions. |
| Crypto | 2026-06-15 | declining | -2 · declining | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2026-06-22 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | OpenAI roughly doubles headcount over the tracked span. |
| Datacenter power | 2026-06-22 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Physical AI / robotics | 2026-06-22 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2026-06-22 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2026-06-22 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| Defense tech | 2026-06-22 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| World models / spatial | 2026-06-22 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2026-06-22 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2026-06-22 | declining | -2 · declining | — (monthly only) | reconstructed | Oracle −21K · Meta −8K · Amazon −16K announced reductions. |
| Crypto | 2026-06-22 | declining | -2 · declining | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2026-06-29 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | OpenAI roughly doubles headcount over the tracked span. |
| Datacenter power | 2026-06-29 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Physical AI / robotics | 2026-06-29 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| AI coding / dev tools | 2026-06-29 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| Agent infrastructure | 2026-06-29 | accelerating | +2 · strongly accelerating | — (monthly only) | reconstructed | — |
| Defense tech | 2026-06-29 | steady | 0 · steady | — (monthly only) | reconstructed | — |
| World models / spatial | 2026-06-29 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| AI + healthcare/bio | 2026-06-29 | accelerating | +1 · accelerating | — (monthly only) | reconstructed | — |
| Horizontal SaaS | 2026-06-29 | declining | -2 · declining | — (monthly only) | reconstructed | Oracle −21K · Meta −8K · Amazon −16K announced reductions. |
| Crypto | 2026-06-29 | declining | -2 · declining | — (monthly only) | reconstructed | — |
| Frontier AI labs | 2026-07-04 | accelerating | +2 · strongly accelerating | 9.5 | live | — |
| Datacenter power | 2026-07-04 | accelerating | +2 · strongly accelerating | 9.5 | live | Scored 9 — still classified "non-obvious" in the Jul 4 scan. |
| Physical AI / robotics | 2026-07-04 | accelerating | +1 · accelerating | 7.5 | live | — |
| AI coding / dev tools | 2026-07-04 | accelerating | +1 · accelerating | 7.5 | live | SWE hiring index −25% and rebounding; barbell weaker. |
| Agent infrastructure | 2026-07-04 | accelerating | +1 · accelerating | 7.5 | live | — |
| Defense tech | 2026-07-04 | accelerating | +1 · accelerating | 7.5 | live | — |
| World models / spatial | 2026-07-04 | accelerating | +1 · accelerating | 7.5 | live | — |
| AI + healthcare/bio | 2026-07-04 | steady | 0 · steady | 5.0 | live | — |
| Horizontal SaaS | 2026-07-04 | cooling | -1 · cooling | 3.5 | live | — |
| Crypto | 2026-07-04 | declining | -2 · declining | 1.5 | live | — |
| Frontier AI labs | 2026-07-06 | accelerating | +2 · strongly accelerating | — (monthly only) | live | — |
| Datacenter power | 2026-07-06 | accelerating | +2 · strongly accelerating | — (monthly only) | live | Scored 9 — still classified "non-obvious" in the Jul 4 scan. |
| Physical AI / robotics | 2026-07-06 | accelerating | +1 · accelerating | — (monthly only) | live | — |
| AI coding / dev tools | 2026-07-06 | accelerating | +1 · accelerating | — (monthly only) | live | SWE hiring index −25% and rebounding; barbell weaker. |
| Agent infrastructure | 2026-07-06 | accelerating | +1 · accelerating | — (monthly only) | live | — |
| Defense tech | 2026-07-06 | accelerating | +1 · accelerating | — (monthly only) | live | — |
| World models / spatial | 2026-07-06 | accelerating | +1 · accelerating | — (monthly only) | live | — |
| AI + healthcare/bio | 2026-07-06 | steady | 0 · steady | — (monthly only) | live | — |
| Horizontal SaaS | 2026-07-06 | cooling | -1 · cooling | — (monthly only) | live | — |
| Crypto | 2026-07-06 | declining | -2 · declining | — (monthly only) | live | — |
| Frontier AI labs | 2026-07-13 | accelerating | +2 · strongly accelerating | — (monthly only) | live | — |
| Datacenter power | 2026-07-13 | accelerating | +2 · strongly accelerating | — (monthly only) | live | Scored 9 — still classified "non-obvious" in the Jul 4 scan. |
| Physical AI / robotics | 2026-07-13 | accelerating | +1 · accelerating | — (monthly only) | live | — |
| AI coding / dev tools | 2026-07-13 | accelerating | +1 · accelerating | — (monthly only) | live | SWE hiring index −25% and rebounding; barbell weaker. |
| Agent infrastructure | 2026-07-13 | accelerating | +1 · accelerating | — (monthly only) | live | — |
| Defense tech | 2026-07-13 | accelerating | +1 · accelerating | — (monthly only) | live | — |
| World models / spatial | 2026-07-13 | accelerating | +1 · accelerating | — (monthly only) | live | — |
| AI + healthcare/bio | 2026-07-13 | steady | 0 · steady | — (monthly only) | live | — |
| Horizontal SaaS | 2026-07-13 | cooling | -1 · cooling | — (monthly only) | live | — |
| Crypto | 2026-07-13 | declining | -2 · declining | — (monthly only) | live | — |
| Frontier AI labs | 2026-07-20 | accelerating | +2 · strongly accelerating | — (monthly only) | live | — |
| Datacenter power | 2026-07-20 | accelerating | +2 · strongly accelerating | — (monthly only) | live | Scored 9 — still classified "non-obvious" in the Jul 4 scan. |
| Physical AI / robotics | 2026-07-20 | accelerating | +1 · accelerating | — (monthly only) | live | — |
| AI coding / dev tools | 2026-07-20 | accelerating | +1 · accelerating | — (monthly only) | live | SWE hiring index −25% and rebounding; barbell weaker. |
| Agent infrastructure | 2026-07-20 | accelerating | +1 · accelerating | — (monthly only) | live | — |
| Defense tech | 2026-07-20 | accelerating | +1 · accelerating | — (monthly only) | live | — |
| World models / spatial | 2026-07-20 | accelerating | +1 · accelerating | — (monthly only) | live | — |
| AI + healthcare/bio | 2026-07-20 | steady | 0 · steady | — (monthly only) | live | — |
| Horizontal SaaS | 2026-07-20 | cooling | -1 · cooling | — (monthly only) | live | — |
| Crypto | 2026-07-20 | declining | -2 · declining | — (monthly only) | live | — |
| Frontier AI labs | 2026-07-27 | accelerating | +2 · strongly accelerating | — (monthly only) | live | — |
| Datacenter power | 2026-07-27 | accelerating | +2 · strongly accelerating | — (monthly only) | live | Scored 9 — still classified "non-obvious" in the Jul 4 scan. |
| Physical AI / robotics | 2026-07-27 | accelerating | +1 · accelerating | — (monthly only) | live | — |
| AI coding / dev tools | 2026-07-27 | accelerating | +1 · accelerating | — (monthly only) | live | SWE hiring index −25% and rebounding; barbell weaker. |
| Agent infrastructure | 2026-07-27 | accelerating | +1 · accelerating | — (monthly only) | live | — |
| Defense tech | 2026-07-27 | accelerating | +1 · accelerating | — (monthly only) | live | — |
| World models / spatial | 2026-07-27 | accelerating | +1 · accelerating | — (monthly only) | live | — |
| AI + healthcare/bio | 2026-07-27 | steady | 0 · steady | — (monthly only) | live | — |
| Nuclear & firm power | 2026-07-27 | accelerating | +1 · accelerating | — (monthly only) | live | — |
| Semi fab workforce | 2026-07-27 | accelerating | +1 · accelerating | — (monthly only) | live | — |
| Horizontal SaaS | 2026-07-27 | cooling | -1 · cooling | — (monthly only) | live | — |
| Crypto | 2026-07-27 | declining | -2 · declining | — (monthly only) | live | — |
Weeks before Jul 4, 2026 are retrospective reconstructions of the record and must not be used to backtest signal predictiveness. Per-week evidence text and source links are available in the app.
The Kill-Switch Strip — four scares, zero trips
Four conditions that would falsify the thesis, tracked continuously. None has tripped. Three came close enough to annotate.
as of Jul 27, 2026
✓ clear ⚠ watch ✕ tripped— never reached near-miss event backfilled span
| Lane | Date | Status | Event |
|---|---|---|---|
| AI-lab hiring deceleration | 2026-05-04 | clear | xAI sheds 50+ — lab-specific, not sector-wide |
| Defense-tech down rounds | 2026-07-06 | watch | — |
| Defense-tech down rounds | 2026-07-13 | watch | — |
| Defense-tech down rounds | 2026-07-20 | watch | Q2 funding breadth −24% — froth watch, no down rounds priced |
| Defense-tech down rounds | 2026-07-27 | watch | — |
| Hyperscaler capex cuts | 2025-11-17 | clear | Burry puts disclosed against AI capex complex |
| Hyperscaler capex cuts | 2025-12-15 | clear | Oracle −11% / AVGO −21% on capex-funding fears |
| Hyperscaler capex cuts | 2026-04-27 | clear | Apr 29 "investor flinch" — guidance held, capex reaffirmed |
| Software hiring broadening | 2026-02-02 | clear | HN "who is hiring" rebound — classified noise |
| Software hiring broadening | 2026-06-29 | watch | — |
| Software hiring broadening | 2026-07-04 | watch | — |
| Software hiring broadening | 2026-07-06 | watch | — |
| Software hiring broadening | 2026-07-13 | watch | Barbell weakening: SWE index −25% and rebounding |
| Software hiring broadening | 2026-07-20 | watch | — |
| Software hiring broadening | 2026-07-27 | watch | — |
Four more views, in the app
The Edge Map, the validation chart, the Capital Tape and the Talent River.
Plus per-week evidence text and every source URL behind it. Free account, no card.
One email a week. The scan, not a newsletter.
Explore the full research in the app → Methodology
Each Monday scan reads three independent streams and files a directional call per sector. Nothing here is a model output; every cell traces to a dated, linkable source.
Stream 01
Talent
Layoff filings, named departures, poaching events, public developer-activity indices and job-posting counts. Movement, not headcount totals.
Stream 02
Capital
Every disclosed round of $100M or more, tagged to sector and cross-checked against the filing or the primary announcement.
Stream 03
Demand
Postings, hiring-index prints and capex guidance — the demand side that tells us whether talent movement is pull or push.
Backfill disclosure
The record begins November 3, 2025, but continuous live scanning began Jul 4, 2026. Everything before that date was reconstructed retrospectively from dated primary sources. Reconstructed weeks are drawn at reduced saturation inside a labelled provenance band in every view on this page. Reconstructed scans must not be used to backtest signal predictiveness — they were assembled with knowledge of what followed.
Signal research only — not financial advice.
Nexus Alert publishes research on talent and capital movement. Nothing here is a
recommendation to buy or sell any security. Data as of Jul 27, 2026.
fixture build · live API pending