ProCap Insights · June 2, 2026
The S&P 500 is narrowing out and these 2 mega-cap stocks are absorbing all the capital
The S&P 500 closed at a record on Friday while only 25 of its 503 members hit fresh 52-week highs. When the tape gets this narrow the index becomes a leveraged bet on a handful of AI-infrastructure leaders, and two names stand out.