--- title: Syz The Moment (710) description: Syz The Moment (710) --- [![Syz Private banking](https://blog.syzgroup.com/hs-fs/hubfs/Logo.png?width=140&name=Logo.png "Syz Private banking")](https://www.syzgroup.com/fr) ## **Thinking** out loud [Subscribe](https://25733253.hs-sites-eu1.com/newsletter-signup?hsLang=en) [![Contact Us](https://hubspot-no-cache-eu1-prod.s3.amazonaws.com/cta/default/25733253/3d762f49-4e71-4f99-97b1-bf6781ef3da2.png)](https://hubspot-cta-redirect-eu1-prod.s3.amazonaws.com/cta/redirect/25733253/3d762f49-4e71-4f99-97b1-bf6781ef3da2) - [OUR SERVICES](https://www.syzgroup.com/en/private-banking) - [ABOUT SYZ](https://www.syzgroup.com/en/about/welcome-to-syz) - [CAREERS](https://www.syzgroup.com/en/careers) - [PRESS](https://www.syzgroup.com/en/news) - [Blog Homepage](https://blog.syzgroup.com) - [Slow Food for Thought](https://blog.syzgroup.com/slow-food-for-thought) - [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus) - [Asset allocations Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights) - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/market-outlook) - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thoughts/tag/swiss-perspectives) - [Syz the moment](https://blog.syzgroup.com/syz-the-moment) - [Crypto corner](https://blog.syzgroup.com/crypto-corner) - [Syz AI Insights](https://blog.syzgroup.com/syz-ai-insights) - [Fast Food for Thought](https://blog.syzgroup.com/fast-food-for-thought) - [The week in seven charts](https://blog.syzgroup.com/fast-food-for-thoughts/tag/the-week-in-seven-charts) - [Flash](https://blog.syzgroup.com/fast-food-for-thoughts/tag/flash) - [Fixed Income Weekly](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-fixed-income) - [Equity Weekly](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-equities) - [Global markets outlook](https://blog.syzgroup.com/fast-food-for-thoughts/tag/global-markets-outlook) - [CONTACT](https://www.syzgroup.com/en/contact-us/form) - [ENGLISH](https://www.syzgroup.com/) - [FRANÇAIS](https://www.syzgroup.com/fr) - [Slow Food for Thought](https://blog.syzgroup.com/slow-food-for-thought) - [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus) - [Asset allocations Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights) - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/market-outlook) - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thoughts/tag/swiss-perspectives) - [Fast Food for Thought](https://blog.syzgroup.com/fast-food-for-thought) - [Flash](https://blog.syzgroup.com/fast-food-for-thoughts/tag/flash) - [Weekly Fixed Income](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-fixed-income) - [The week in seven charts](https://blog.syzgroup.com/slow-food-for-thoughts/tag/the-week-in-seven-charts) - [Global markets outlook](https://blog.syzgroup.com/fast-food-for-thoughts/tag/global-markets-outlook) - [Weekly Equities](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-equities) - [Syz the moment](https://blog.syzgroup.com/syz-the-moment) - [Crypto corner](https://blog.syzgroup.com/crypto-corner) - [Syz AI Insights](https://blog.syzgroup.com/syz-ai-insights) - [Our Services](https://www.syzgroup.com/en/private-banking) - [About Syz](https://www.syzgroup.com/en/about/welcome-to-syz) - [Careers](https://www.syzgroup.com/en/careers) - [Press](https://www.syzgroup.com/en/news) - [Contact](https://www.syzgroup.com/en/contact-us/form) - [English](https://www.syzgroup.com/) - [Français](https://www.syzgroup.com/fr) ## **Sign-up** for our newsletter This website uses cookies to enhance user navigation and to collect statistical data. 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Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. ## Straight from the Desk # **Syz** the moment Live feeds, charts, breaking stories, all day long. - [All](https://blog.syzgroup.com/syz-the-moment) - [equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) - [United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) - [Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) - [Food for Thought](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thought) - [markets](https://blog.syzgroup.com/syz-the-moment/tag/markets) - [Central banks](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) - [bitcoin](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin) - [Fixed Income](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) - [geopolitics](https://blog.syzgroup.com/syz-the-moment/tag/geopolitics) - [AI](https://blog.syzgroup.com/syz-the-moment/tag/ai) - [europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) - [Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia) - [gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) - [Commodities](https://blog.syzgroup.com/syz-the-moment/tag/commodities) - [investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) - [Technology](https://blog.syzgroup.com/syz-the-moment/tag/technology) - [Crypto](https://blog.syzgroup.com/syz-the-moment/tag/crypto) - [technical analysis](https://blog.syzgroup.com/syz-the-moment/tag/technical-analysis) - [nvidia](https://blog.syzgroup.com/syz-the-moment/tag/nvidia) - [oil](https://blog.syzgroup.com/syz-the-moment/tag/oil) - [china](https://blog.syzgroup.com/syz-the-moment/tag/china) - [ETF](https://blog.syzgroup.com/syz-the-moment/tag/etf) - [earnings](https://blog.syzgroup.com/syz-the-moment/tag/earnings) - [Forex](https://blog.syzgroup.com/syz-the-moment/tag/forex) - [energy](https://blog.syzgroup.com/syz-the-moment/tag/energy) - [banking](https://blog.syzgroup.com/syz-the-moment/tag/banking) - [magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) - [Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) - [Volatility](https://blog.syzgroup.com/syz-the-moment/tag/volatility) - [Real Estate](https://blog.syzgroup.com/syz-the-moment/tag/real-estate) - [apple](https://blog.syzgroup.com/syz-the-moment/tag/apple) - [emerging-markets](https://blog.syzgroup.com/syz-the-moment/tag/emerging-markets) - [google](https://blog.syzgroup.com/syz-the-moment/tag/google) - [Middle East](https://blog.syzgroup.com/syz-the-moment/tag/middle-east) - [switzerland](https://blog.syzgroup.com/syz-the-moment/tag/switzerland) - [tesla](https://blog.syzgroup.com/syz-the-moment/tag/tesla) - [United Kingdom](https://blog.syzgroup.com/syz-the-moment/tag/united-kingdom) - [amazon](https://blog.syzgroup.com/syz-the-moment/tag/amazon) - [microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) - [assetmanagement](https://blog.syzgroup.com/syz-the-moment/tag/assetmanagement) - [ethereum](https://blog.syzgroup.com/syz-the-moment/tag/ethereum) - [meta](https://blog.syzgroup.com/syz-the-moment/tag/meta) - [russia](https://blog.syzgroup.com/syz-the-moment/tag/russia) - [Industrial-production](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) - [Healthcare](https://blog.syzgroup.com/syz-the-moment/tag/healthcare) - [ESG](https://blog.syzgroup.com/syz-the-moment/tag/esg) - [Global Markets Outlook](https://blog.syzgroup.com/syz-the-moment/tag/global-markets-outlook) - [Turkey](https://blog.syzgroup.com/syz-the-moment/tag/turkey) - [inflation](https://blog.syzgroup.com/syz-the-moment/tag/inflation) - [bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) - [brics](https://blog.syzgroup.com/syz-the-moment/tag/brics) - [Market Outlook](https://blog.syzgroup.com/syz-the-moment/tag/market-outlook) - [performance](https://blog.syzgroup.com/syz-the-moment/tag/performance) - [africa](https://blog.syzgroup.com/syz-the-moment/tag/africa) - [LLM](https://blog.syzgroup.com/syz-the-moment/tag/llm) - [Global](https://blog.syzgroup.com/syz-the-moment/tag/global) - [Market News](https://blog.syzgroup.com/syz-the-moment/tag/market-news) - [Weekly Equities](https://blog.syzgroup.com/syz-the-moment/tag/weekly-equities) Show more 7 Nov 2024 - - - #### Another day, another record: The top 10 companies in the S&P 500 now account for a record 37% of the index. This percentage officially exceeds peak levels seen during the 2000 Dot-Com bubble by 10 percentage points. Over the last decade, the market concentration has more than DOUBLED. Furthermore, the top 10 stocks alone now have a market cap of ~$18.7 TRILLION. This means that the top 10 stocks in the US now have a combined market cap that is $1 trillion higher than the entire European stock market. Source: The Kobeissi Letter [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![Another day, another record: The top 10 companies in the S&P 500 now account for a record 37% of the index.](https://blog.syzgroup.com/hubfs/12-Nov-07-2024-03-43-59-2797-PM.jpeg) ![Another day, another record: The top 10 companies in the S&P 500 now account for a record 37% of the index.](https://blog.syzgroup.com/hubfs/12-Nov-07-2024-03-43-59-2797-PM.jpeg) 7 Nov 2024 - - - #### JUST IN: Over $200 billion added to the cryptocurrency market today. Source: Coingecko [#Crypto](https://blog.syzgroup.com/syz-the-moment/tag/crypto) ![JUST IN: Over $200 billion added to the cryptocurrency market today.](https://blog.syzgroup.com/hubfs/11-Nov-07-2024-03-41-17-8169-PM.jpeg) ![JUST IN: Over $200 billion added to the cryptocurrency market today.](https://blog.syzgroup.com/hubfs/11-Nov-07-2024-03-41-17-8169-PM.jpeg) 7 Nov 2024 - - - #### $IBIT iShares Bitcoin ETF just had its biggest volume day ever with $4.1b traded.. For context that's more volume than stocks like Berkshire, Netflix or Visa saw today. It was also up 10%, its second best day since launching. Source: Eric Balchunas, Bloomberg [#ETF|](https://blog.syzgroup.com/syz-the-moment/tag/etf) [#bitcoin](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin) ![$IBIT iShares Bitcoin ETF just had its biggest volume day ever with $4.1b traded..](https://blog.syzgroup.com/hubfs/10-Nov-07-2024-03-39-06-2856-PM.jpeg) ![$IBIT iShares Bitcoin ETF just had its biggest volume day ever with $4.1b traded..](https://blog.syzgroup.com/hubfs/10-Nov-07-2024-03-39-06-2856-PM.jpeg) 7 Nov 2024 - - - #### Are you wondering why US smallcaps are surging? As highlighted by GS: GOP House control could enable corporate tax reform, potentially reducing the tax rate from 21% to 15% and increasing EPS estimates by 4%. Source: Mike Zaccardi, CFA, CMT, MBA, GD [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) ![Are you wondering why US smallcaps are surging?](https://blog.syzgroup.com/hubfs/9-Nov-07-2024-03-36-03-1824-PM.jpeg) ![Are you wondering why US smallcaps are surging?](https://blog.syzgroup.com/hubfs/9-Nov-07-2024-03-36-03-1824-PM.jpeg) 7 Nov 2024 - - - #### Fun fact: This was only the 5th time since 1960 that $SPX returned more than 2.5% while simultaneously breaking into an all-time high. The last time this happened was March 21st, 2000. Source: Tier1 Alpha [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![Fun fact: This was only the 5th time since 1960 that $SPX returned more than 2.5% while simultaneously breaking into an all-time high.](https://blog.syzgroup.com/hubfs/8-Nov-07-2024-03-35-06-9314-PM.jpeg) ![Fun fact: This was only the 5th time since 1960 that $SPX returned more than 2.5% while simultaneously breaking into an all-time high.](https://blog.syzgroup.com/hubfs/8-Nov-07-2024-03-35-06-9314-PM.jpeg) 7 Nov 2024 - - - #### JUST IN: MicroStrategy breaks $50 BILLION market cap and is now worth more than Ford Motor Company. Ford has lost ~60% of its market cap since 2022 and holds $26 BILLION in cash, about 65% of its total market cap! The "melting ice cube" of cash holdings, eroded by inflation year after year. This is what Michael Saylor feared for his company when he decided to buy Bitcoin in 2020. MicroStrategy's market cap is UP ~45x since then. Source: [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#bitcoin](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin) ![JUST IN: MicroStrategy breaks $50 BILLION market cap and is now worth more than Ford Motor Company.](https://blog.syzgroup.com/hubfs/7-Nov-07-2024-03-34-08-2101-PM.jpeg) ![JUST IN: MicroStrategy breaks $50 BILLION market cap and is now worth more than Ford Motor Company.](https://blog.syzgroup.com/hubfs/7-Nov-07-2024-03-34-08-2101-PM.jpeg) 7 Nov 2024 - - - #### Nvidia is once again the most valuable company in the world. Surpassing Apple and underscoring just how dominant AI has become on Wall Street. Nvidia's largest customers reported last week and explicitly stated that supply, not demand, remains a constraining factor. Source: HolgerZ, Bloomberg [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#nvidia](https://blog.syzgroup.com/syz-the-moment/tag/nvidia) ![Nvidia is once again the most valuable company in the world.](https://blog.syzgroup.com/hubfs/6-Nov-07-2024-03-33-13-8305-PM.jpeg) ![Nvidia is once again the most valuable company in the world.](https://blog.syzgroup.com/hubfs/6-Nov-07-2024-03-33-13-8305-PM.jpeg) 7 Nov 2024 - - - #### THIS IS AN ABSOLUTELY WILD MOVE \>\>\> The 30-year US Treasury jumped by a massive 22 basis points, the biggest spike since the COVID CRISIS. At the same time, the 10-year yield jumped by 16 basis points, to the highest since July. Meanwhile, the Fed is going to cut today.... Source: Global Markets Investor [#Fixed Income|](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) [#Central banks](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) ![THIS IS AN ABSOLUTELY WILD MOVE \>\>\>](https://blog.syzgroup.com/hubfs/5-Nov-07-2024-03-32-19-0890-PM.jpeg) ![THIS IS AN ABSOLUTELY WILD MOVE \>\>\>](https://blog.syzgroup.com/hubfs/5-Nov-07-2024-03-32-19-0890-PM.jpeg) ❮❮ [❮](https://blog.syzgroup.com/syz-the-moment/page/709) [708](https://blog.syzgroup.com/syz-the-moment/page/708) [709](https://blog.syzgroup.com/syz-the-moment/page/709) [710](https://blog.syzgroup.com/syz-the-moment/page/710) [711](https://blog.syzgroup.com/syz-the-moment/page/711) [712](https://blog.syzgroup.com/syz-the-moment/page/712) [❯](https://blog.syzgroup.com/syz-the-moment/page/711) [❯❯](https://blog.syzgroup.com/syz-the-moment/page/1251?hsLang=en) ## **Thinking** out loud Sign up for our weekly email highlighting the most popular posts. 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