--- title: Syz The Moment | google description: google | Syz The Moment --- [![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) - [AI](https://blog.syzgroup.com/syz-the-moment/tag/ai) - [geopolitics](https://blog.syzgroup.com/syz-the-moment/tag/geopolitics) - [Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia) - [europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) - [gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) - [Commodities](https://blog.syzgroup.com/syz-the-moment/tag/commodities) - [Technology](https://blog.syzgroup.com/syz-the-moment/tag/technology) - [investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) - [Crypto](https://blog.syzgroup.com/syz-the-moment/tag/crypto) - [nvidia](https://blog.syzgroup.com/syz-the-moment/tag/nvidia) - [technical analysis](https://blog.syzgroup.com/syz-the-moment/tag/technical-analysis) - [oil](https://blog.syzgroup.com/syz-the-moment/tag/oil) - [china](https://blog.syzgroup.com/syz-the-moment/tag/china) - [earnings](https://blog.syzgroup.com/syz-the-moment/tag/earnings) - [ETF](https://blog.syzgroup.com/syz-the-moment/tag/etf) - [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) - [amazon](https://blog.syzgroup.com/syz-the-moment/tag/amazon) - [microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) - [United Kingdom](https://blog.syzgroup.com/syz-the-moment/tag/united-kingdom) - [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) - [inflation](https://blog.syzgroup.com/syz-the-moment/tag/inflation) - [Global Markets Outlook](https://blog.syzgroup.com/syz-the-moment/tag/global-markets-outlook) - [Turkey](https://blog.syzgroup.com/syz-the-moment/tag/turkey) - [bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) - [Market Outlook](https://blog.syzgroup.com/syz-the-moment/tag/market-outlook) - [brics](https://blog.syzgroup.com/syz-the-moment/tag/brics) - [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) - [Market News](https://blog.syzgroup.com/syz-the-moment/tag/market-news) - [Global](https://blog.syzgroup.com/syz-the-moment/tag/global) - [Weekly Equities](https://blog.syzgroup.com/syz-the-moment/tag/weekly-equities) Show more 30 Oct 2026 - - - #### Alphabet $GOOG is now trading at its LOWEST P/E EVER... Source: Trend Spider [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#google](https://blog.syzgroup.com/syz-the-moment/tag/google) ![Alphabet $GOOG is now trading at its LOWEST P/E EVER...](https://blog.syzgroup.com/hubfs/1793291192831.jpg) ![Alphabet $GOOG is now trading at its LOWEST P/E EVER...](https://blog.syzgroup.com/hubfs/1793291192831.jpg) 29 Oct 2026 - - - #### “Given the supply constraint environment, we started utilizing third-party compute capacity at the end of Q3, and will ramp usage in Q4.”, Google CFO “Expect margin headwinds in the near term as we utilize this capacity.” Expect our CapEx to increase significantly in 2027 Source: Wall St Engine, Bloomberg [#earnings|](https://blog.syzgroup.com/syz-the-moment/tag/earnings) [#google](https://blog.syzgroup.com/syz-the-moment/tag/google) ![“Given the supply constraint environment, we started utilizing third-party compute capacity at the end of Q3, and will ramp usage in Q4.”, Google CFO](https://blog.syzgroup.com/hubfs/1793225043475.jpg) ![“Given the supply constraint environment, we started utilizing third-party compute capacity at the end of Q3, and will ramp usage in Q4.”, Google CFO](https://blog.syzgroup.com/hubfs/1793225043475.jpg) 29 Oct 2026 - - - #### For the first time EVER, $GOOGL Search as a % of revenue is now below 50%. Source: Couch Investor [#earnings|](https://blog.syzgroup.com/syz-the-moment/tag/earnings) [#google](https://blog.syzgroup.com/syz-the-moment/tag/google) ![For the first time EVER, $GOOGL Search as a % of revenue is now below 50%.](https://blog.syzgroup.com/hubfs/1793225140622.jpg) ![For the first time EVER, $GOOGL Search as a % of revenue is now below 50%.](https://blog.syzgroup.com/hubfs/1793225140622.jpg) 29 Oct 2026 - - - #### Google’s AI boom has a funding problem. Yet earnings hit $2.12 a share versus roughly $3 expected. The warning signs? → $51.4 billion in capital spending. → Negative free cash flow. → Zero buybacks. → $12.4 billion in share issuance and $28.7 billion in new bonds. An $8.7 billion paper loss on AI investments drove more than half the earnings miss. Those same investments previously inflated profits. Here’s the circularity: Google backs AI startups that rent its computing capacity. Their valuations then move Google’s own earnings by billions. Cloud growth is impressive. But the cash demands are staggering—and management says spending rises again next year. My take: buybacks look increasingly distant. The question for AI investors: how many other cash machines will turn to Wall Street to fund the boom? Source: Hedgie [#earnings|](https://blog.syzgroup.com/syz-the-moment/tag/earnings) [#google](https://blog.syzgroup.com/syz-the-moment/tag/google) ![Google’s AI boom has a funding problem.](https://blog.syzgroup.com/hubfs/1793224978803.jpg) ![Google’s AI boom has a funding problem.](https://blog.syzgroup.com/hubfs/1793224978803.jpg) 29 Oct 2026 - - - #### GOOGL in charts Cloud was only big beat. Cloud came at $30.7bn vs $29.1bn expected (+103% y/y), but Search, YouTube, Subs and Services all missed. Two speeds. Cloud doubled; Search grew 12% (vs ~14% buyside bogey), YouTube 9% (below 10% toleration line), and Network just 1%. Source: Zerohedge [#earnings|](https://blog.syzgroup.com/syz-the-moment/tag/earnings) [#google](https://blog.syzgroup.com/syz-the-moment/tag/google) ![GOOGL in charts](https://blog.syzgroup.com/hubfs/1793224390048.jpg) ![GOOGL in charts](https://blog.syzgroup.com/hubfs/1793224390048.jpg) 13 Aug 2026 - - - #### Google is quietly turning into a giant investment portfolio. Over the past two decades, Alphabet $GOOGL has made billions of dollars in private investments — and some of those bets are now reaching the public markets. 🚀 SpaceX $SPCX now represents roughly 95% of Google’s publicly traded investment portfolio. And there could be another major addition soon. 🤖 Anthropic, one of Google’s biggest private AI bets, is expected to go public in the coming months. Alphabet owns a significant stake in the company, potentially unlocking another substantial source of value. Google is therefore becoming more than just Search, YouTube, Cloud and AI. Its portfolio of early-stage investments could increasingly become a meaningful part of the Alphabet story. Is Google slowly becoming a hedge fund with a technology business attached? Graphic credit: Leverage Shares, Global Markets Investor [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#google](https://blog.syzgroup.com/syz-the-moment/tag/google) ![Google is quietly turning into a giant investment portfolio.](https://blog.syzgroup.com/hubfs/1786550716585.jpg) ![Google is quietly turning into a giant investment portfolio.](https://blog.syzgroup.com/hubfs/1786550716585.jpg) 28 Jul 2026 - - - #### Google's investment portfolio: Source: Patient Investor [#google](https://blog.syzgroup.com/syz-the-moment/tag/google) ![Google's investment portfolio:](https://blog.syzgroup.com/hubfs/4-Jul-28-2026-02-59-00-6303-PM.jpg) ![Google's investment portfolio:](https://blog.syzgroup.com/hubfs/4-Jul-28-2026-02-59-00-6303-PM.jpg) 24 Jul 2026 - - - #### Alphabet $GOOGL closed below its 200-day moving average for the first time in over a year Source: Barchart [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#google](https://blog.syzgroup.com/syz-the-moment/tag/google) ![Alphabet $GOOGL closed below its 200-day moving average for the first time in over a year](https://blog.syzgroup.com/hubfs/1784866200822.jpg) ![Alphabet $GOOGL closed below its 200-day moving average for the first time in over a year](https://blog.syzgroup.com/hubfs/1784866200822.jpg) [1](https://blog.syzgroup.com/syz-the-moment/tag/google/page/1) [2](https://blog.syzgroup.com/syz-the-moment/tag/google/page/2) [3](https://blog.syzgroup.com/syz-the-moment/tag/google/page/3) [4](https://blog.syzgroup.com/syz-the-moment/tag/google/page/4) [5](https://blog.syzgroup.com/syz-the-moment/tag/google/page/5) [❯](https://blog.syzgroup.com/syz-the-moment/tag/google/page/2) [❯❯](https://blog.syzgroup.com/syz-the-moment/tag/11?hsLang=en) ## **Thinking** out loud Sign up for our weekly email highlighting the most popular posts. 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