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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 12 Dec 2025 - - - #### US small-caps at a turning point? Source: J-C Parets [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![US small-caps at a turning point?](https://blog.syzgroup.com/hubfs/9-Dec-12-2025-02-53-53-8188-PM.jpg) ![US small-caps at a turning point?](https://blog.syzgroup.com/hubfs/9-Dec-12-2025-02-53-53-8188-PM.jpg) 12 Dec 2025 - - - #### Update: the world didn't end. New all-time closing high Source: Charlie Bilello [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![Update: the world didn't end. New all-time closing high](https://blog.syzgroup.com/hubfs/5-Dec-12-2025-02-48-44-0612-PM.jpg) ![Update: the world didn't end. New all-time closing high](https://blog.syzgroup.com/hubfs/5-Dec-12-2025-02-48-44-0612-PM.jpg) 12 Dec 2025 - - - #### SMALL IS BIG... The Russell 2000 US small-caps index is extending the break out move. This looks like an inverse head and shoulders formation. Plenty room to run before we reach trend channel highs. Source: LSEG, The Market Ear [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![SMALL IS BIG...](https://blog.syzgroup.com/hubfs/4-Dec-12-2025-02-47-45-6518-PM.jpg) ![SMALL IS BIG...](https://blog.syzgroup.com/hubfs/4-Dec-12-2025-02-47-45-6518-PM.jpg) 12 Dec 2025 - - - #### US cyclicals vs. defensives up 13 days in a row. Goldman's Coppersmith: "You don’t get moves like this unless the market is starting to lean into a better growth outlook". Source: LSEG, The Market Ear [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![US cyclicals vs. defensives up 13 days in a row.](https://blog.syzgroup.com/hubfs/3-Dec-12-2025-02-45-35-8801-PM.jpg) ![US cyclicals vs. defensives up 13 days in a row.](https://blog.syzgroup.com/hubfs/3-Dec-12-2025-02-45-35-8801-PM.jpg) 12 Dec 2025 - - - #### They are all cutting target price on Oracle $ORCL... Goldman PT New $220, Old 320 JPMorgan PT New $230, Old 270 Cantor PT New $320, Old 400 Barclays PT New $310, Old 330 Evercore PT New $275, Old 385 Scotiabank PT New $260, Old 360 TD Cowen PT New $350, Old 400 Melius PT New $260, Old 400 Source: zerohege [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![They are all cutting target price on Oracle $ORCL...](https://blog.syzgroup.com/hubfs/2-Dec-12-2025-02-40-46-7032-PM.jpg) ![They are all cutting target price on Oracle $ORCL...](https://blog.syzgroup.com/hubfs/2-Dec-12-2025-02-40-46-7032-PM.jpg) 12 Dec 2025 - - - #### The Dow started trading on May 26, 1896. Yesterday it closed at the highest level ever. Congrats to investors who used the events on this chart as reasons to buy, not panic. Source: Ryan Detrick [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![The Dow started trading on May 26, 1896.](https://blog.syzgroup.com/hubfs/1-Dec-12-2025-02-39-42-7045-PM.jpg) ![The Dow started trading on May 26, 1896.](https://blog.syzgroup.com/hubfs/1-Dec-12-2025-02-39-42-7045-PM.jpg) 11 Dec 2025 - - - #### Oracle $ORCL is exposed to massive concentration risks.. It has $125 billion debt, of which $25 billion is due in three years. Meanwhile, FCF is already negative, and its largest customer, OpenAI, needs to raise $207 billion by 2030 to meet its obligations. Source: Oguz O. | 𝕏 Capitalist 💸 @thexcapitalist FT [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#AI](https://blog.syzgroup.com/syz-the-moment/tag/ai) ![Oracle $ORCL is exposed to massive concentration risks..](https://blog.syzgroup.com/hubfs/11-Dec-11-2025-03-24-18-4157-PM.jpg) ![Oracle $ORCL is exposed to massive concentration risks..](https://blog.syzgroup.com/hubfs/11-Dec-11-2025-03-24-18-4157-PM.jpg) 11 Dec 2025 - - - #### Largest IPOs in History (by amount raised): 1\. SpaceX $30.0B\* 2. Saudi Aramco $29.4B 3. Alibaba $21.8B 4. Softbank $21.3B 5. NTT Mobile $18.1B 6. Visa $17.9B 7. AIA $17.8B 8. ENEL SpA $16.5B 9. Facebook $16.0B 10. GM $15.8B Elon would take the top spot. Source: Morning Brew, Bloomberg [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![Largest IPOs in History (by amount raised):](https://blog.syzgroup.com/hubfs/8-Dec-11-2025-03-17-44-9714-PM.jpg) ![Largest IPOs in History (by amount raised):](https://blog.syzgroup.com/hubfs/8-Dec-11-2025-03-17-44-9714-PM.jpg) ❮❮ [❮](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/91) [90](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/90) [91](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/91) [92](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/92) [93](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/93) [94](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/94) [❯](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/93) [❯❯](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/312?hsLang=en) ## **Thinking** out loud Sign up for our weekly email highlighting the most popular posts. 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