# Big Tech eats SaaS: Mag 7 wins, software rentals lose

By fxyz · https://f.xyz/t/8f7eeb89-8b35-4a51-83be-f8135a5ccbb2

> Subscription software companies will lose their lead to the Mag 7, which build their own products and AI.

**Result:** If held over the last 3 months (Jul 30, 2026 – Oct 29, 2026): +0.2%. Over the same days: S&P 500 +5.3%, Chip stocks +10.9%.

## What it holds

- **AI giants** (35%, +11.2% over 3 months): MSFT (Microsoft) +24.8%, GOOGL (Alphabet (Google)) −3.6%, AMZN (Amazon) +10.1%, META (Meta) +14.6%, NVDA (Nvidia) +14.8%
- **Product giants** (15%, +20.0% over 3 months): AAPL (Apple) +1.8%, TSLA (Tesla) +38.1%
- **Rented software** (40%, −15.5% over 3 months): against IGV (Software ETF (IGV)) −6.9%, against NOW (ServiceNow) −29.1%, against CRWD (CrowdStrike) −26.2%, against NET (Cloudflare) −9.3%, against ZM (Zoom) −5.1%
- **Cash** (10%)

## The plan behind it

If the big tech firms keep building AI and products that do the work of rented software, money should move from SaaS to the Mag 7. So the portfolio buys the seven giants and bets against a basket of subscription software names. The short side includes a software index, so one weak company doesn't decide the result. A little cash is held in case the giants stumble.

**What would prove it wrong:** Subscription software stocks start beating the Mag 7 for several months in a row.

## FAQ

### Can I make one from my own idea?

Yes. Write what you believe in plain words at https://f.xyz/create. fxyz asks a couple of questions, builds the portfolio and shows how it would have done over the last 3 months.

### Can I turn a post on X into a theory?

Yes. Reply to the post and tag @fxyzai. It tests the view in the post and replies with the 3-month result and a link.

### What can it trade?

Stocks (Tesla, Apple, Nvidia), crypto (Bitcoin, Ethereum, Solana), pre-IPO companies (OpenAI, Anthropic), indices (Nasdaq 100, S&P 500), commodities (gold, silver, oil, copper) and currencies (EUR/USD, USD/JPY). One theory can mix them, and bet for or against any of them.

### How does it react to news?

On each check it reads the last two days of news on its biggest holdings and says whether the idea still holds. It can make one small change at a time: trim or drop one holding by up to 5 points. On autopilot the change waits 10 minutes so the owner can skip it; otherwise it asks first.

### How do I run it with real money?

For real money, tap Make it mine, open your copy and choose Use real money, with an exchange connected: Hyperliquid, Lighter, Lighter (Robinhood), Backpack, Pacifica or Binance. The money stays in your own account there. fxyz can place trades, but it can never withdraw.

### Can the AI get it wrong?

Yes. fxyz's AI turns the idea into holdings, and it can get that wrong: add a coin or stock that doesn't fit, or miss one that does. Check the holdings before you put money in. In your own copy, ask its chat to add or drop any of them.

### What do the 3-month numbers mean?

What $100 would have done holding this mix over the last 3 months, at real prices. It is a what-if, not a record: past or simulated results are no promise of future ones, and nothing here is investment advice.

Test your own idea: https://f.xyz/test