--- title: Syz The Moment | microsoft (2) description: microsoft | Syz The Moment (2) --- [![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. You can change your settings below to refuse the use of cookies. For more information, please refer to the [Cookies policy](https://www.syzgroup.com/en/legal-notices). Mandatory cookies Functional cookies Statistics & marketing I confirm I am not a US citizen residing in the US I confirm I am not accessing this site from the US I confirm that I am not a resident of Canada (except for Ontario, Quebec, British Columbia or Alberta). Agree and confirm ### Restricted access We are sorry that for legal reasons we are not able to help US citizens or Canadian residents other than in Ontario, Quebec, or Alberta. Best wishes for the future… ### Restricted access We are sorry that for legal reasons we are not able to help US citizens or Canadian residents other than in Ontario, Quebec, or Alberta. Best wishes for the future… You chose the following profile. If you made a mistake, please change here USA Country Switzerland Canada: Other than Ontario, Quebec, Alberta Canada: Ontario, Quebec or Alberta USA Other country Language Language English French German Italian I confirm Legal information This marketing document has been issued by Bank Syz Ltd. It is not intended for distribution to, publication, provision or use by individuals or legal entities that are citizens of or reside in a state, country or jurisdiction in which applicable laws and regulations prohibit its distribution, publication, provision or use. It is not directed to any person or entity to whom it would be illegal to send such marketing material. This document is intended for informational purposes only and should not be construed as an offer, solicitation or recommendation for the subscription, purchase, sale or safekeeping of any security or financial instrument or for the engagement in any other transaction, as the provision of any investment advice or service, or as a contractual document. Nothing in this document constitutes an investment, legal, tax or accounting advice or a representation that any investment or strategy is suitable or appropriate for an investor's particular and individual circumstances, nor does it constitute a personalized investment advice for any investor. This document reflects the information, opinions and comments of Bank Syz Ltd. as of the date of its publication, which are subject to change without notice. The opinions and comments of the authors in this document reflect their current views and may not coincide with those of other Syz Group entities or third parties, which may have reached different conclusions. The market valuations, terms and calculations contained herein are estimates only. The information provided comes from sources deemed reliable, but Bank Syz Ltd. does not guarantee its completeness, accuracy, reliability and actuality. Past performance gives no indication of nor guarantees current or future results. 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 Thoughts](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thoughts) - [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) - [Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia) - [gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) - [europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) - [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) - [Volatility](https://blog.syzgroup.com/syz-the-moment/tag/volatility) - [Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) - [Real Estate](https://blog.syzgroup.com/syz-the-moment/tag/real-estate) - [apple](https://blog.syzgroup.com/syz-the-moment/tag/apple) - [google](https://blog.syzgroup.com/syz-the-moment/tag/google) - [emerging-markets](https://blog.syzgroup.com/syz-the-moment/tag/emerging-markets) - [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) - [United Kingdom](https://blog.syzgroup.com/syz-the-moment/tag/united-kingdom) - [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) - [russia](https://blog.syzgroup.com/syz-the-moment/tag/russia) - [meta](https://blog.syzgroup.com/syz-the-moment/tag/meta) - [Healthcare](https://blog.syzgroup.com/syz-the-moment/tag/healthcare) - [Industrial-production](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) - [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) - [bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) - [inflation](https://blog.syzgroup.com/syz-the-moment/tag/inflation) - [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 30 Oct 2025 - - - #### In Q1 2026, Microsoft $MSFT's CapEx totaled $35B, up 44% QoQ That brings Last Twelve Months (LTM) CapEx to over $100B. Source: Quartr [#earnings|](https://blog.syzgroup.com/syz-the-moment/tag/earnings) [#microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) ![In Q1 2026, Microsoft $MSFT's CapEx totaled $35B, up 44% QoQ](https://blog.syzgroup.com/hubfs/10-Oct-30-2025-04-04-53-7567-PM.jpg) ![In Q1 2026, Microsoft $MSFT's CapEx totaled $35B, up 44% QoQ](https://blog.syzgroup.com/hubfs/10-Oct-30-2025-04-04-53-7567-PM.jpg) 7 Oct 2025 - - - #### $MSFT is following the path of $GOOGL This translates to around $340,000 for every citizen, making it one of the richest countries per capita. Source: Massimo @Rainmaker1973, Quartr [#nvidia|](https://blog.syzgroup.com/syz-the-moment/tag/nvidia) [#microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) ![$MSFT is following the path of $GOOGL](https://blog.syzgroup.com/hubfs/9-Oct-07-2025-12-22-31-5649-PM.jpg) ![$MSFT is following the path of $GOOGL](https://blog.syzgroup.com/hubfs/9-Oct-07-2025-12-22-31-5649-PM.jpg) 12 May 2025 - - - #### OPENAI IN TALKS WITH $MSFT TO SECURE FUNDING & PAVE PATH TO IPO 😳 OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership in a high-stakes negotiation designed to allow the ChatGPT maker to launch a future IPO, while protecting the software giant’s access to cutting-edge artificial intelligence models. Microsoft, OpenAI’s biggest backer, is a key holdout to the $260bn start-up’s plans to undergo a corporate restructuring that moves the group further away from its roots as a non-profit with a mission to develop AI to “benefit humanity”. A critical issue in the deliberations is how much equity in the restructured group Microsoft will receive in exchange for the more than $13bn it has invested in OpenAI to date. Source: Shay Boloor @StockSavvyShay, FT [#AI|](https://blog.syzgroup.com/syz-the-moment/tag/ai) [#microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) ![OPENAI IN TALKS WITH $MSFT TO SECURE FUNDING & PAVE PATH TO IPO 😳](https://blog.syzgroup.com/hubfs/1746978021374.jpg) ![OPENAI IN TALKS WITH $MSFT TO SECURE FUNDING & PAVE PATH TO IPO 😳](https://blog.syzgroup.com/hubfs/1746978021374.jpg) 1 May 2025 - - - #### Microsoft ($MSFT) announced its third quarter earnings after the bell on Wednesday, beating expectations on the top and bottom lines on the strength of its cloud performance. hares of Microsoft rose more than 6% on the news. $MSFT Microsoft Q3 FY25 (ending March): ☁️ Azure +35% Y/Y fx neutral (31% in Q2). 🤖 16% of Azure revenue attributed to AI. • Revenue +13% Y/Y to $70.1B ($1.6B beat). • Operating margin 46% (+1pp Y/Y). • EPS $3.46 ($0.24 beat). Source: App Economy Insights, www.zerohedge.com [#earnings|](https://blog.syzgroup.com/syz-the-moment/tag/earnings) [#microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) ![Microsoft ($MSFT) announced its third quarter earnings after the bell on Wednesday, beating expectations on the top and bottom lines on the strength of its cloud performance.](https://blog.syzgroup.com/hubfs/1746048192147.jpg) ![Microsoft ($MSFT) announced its third quarter earnings after the bell on Wednesday, beating expectations on the top and bottom lines on the strength of its cloud performance.](https://blog.syzgroup.com/hubfs/1746048192147.jpg) 1 May 2025 - - - #### Microsoft $MSFT CapEx increased with 53% y/y in Q3'25 Source: Quartr [#investing|](https://blog.syzgroup.com/syz-the-moment/tag/investing) [#microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) ![Microsoft $MSFT CapEx increased with 53% y/y in Q3'25](https://blog.syzgroup.com/hubfs/1746048961823.jpg) ![Microsoft $MSFT CapEx increased with 53% y/y in Q3'25](https://blog.syzgroup.com/hubfs/1746048961823.jpg) 27 Mar 2025 - - - #### Is the AI bubble popping right before our eyes? Microsoft Abandons More Data Center Projects, TD Cowen Says - Bloomberg Source: Bloomberg [#AI|](https://blog.syzgroup.com/syz-the-moment/tag/ai) [#microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) ![Is the AI bubble popping right before our eyes?](https://blog.syzgroup.com/hubfs/1-Mar-27-2025-08-15-58-6321-AM.jpg) ![Is the AI bubble popping right before our eyes?](https://blog.syzgroup.com/hubfs/1-Mar-27-2025-08-15-58-6321-AM.jpg) 25 Feb 2025 - - - #### Oups... Microsoft will NOT participate in OpenAI Stargate project due to overestimation of demand [#AI|](https://blog.syzgroup.com/syz-the-moment/tag/ai) [#microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) ![Oups...](https://blog.syzgroup.com/hubfs/6-Feb-25-2025-09-59-31-6528-AM.jpg) ![Oups...](https://blog.syzgroup.com/hubfs/6-Feb-25-2025-09-59-31-6528-AM.jpg) 20 Nov 2024 - - - #### 👇 👇 👇 Source: Bitcoin Archive [#bitcoin|](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin) [#microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) ![👇 👇 👇](https://blog.syzgroup.com/hubfs/8-Nov-20-2024-04-34-20-7014-PM.jpeg) ![👇 👇 👇](https://blog.syzgroup.com/hubfs/8-Nov-20-2024-04-34-20-7014-PM.jpeg) [❮](https://blog.syzgroup.com/syz-the-moment/tag/microsoft/page/1) [1](https://blog.syzgroup.com/syz-the-moment/tag/microsoft/page/1) [2](https://blog.syzgroup.com/syz-the-moment/tag/microsoft/page/2) [3](https://blog.syzgroup.com/syz-the-moment/tag/microsoft/page/3) [4](https://blog.syzgroup.com/syz-the-moment/tag/microsoft/page/4) [❯](https://blog.syzgroup.com/syz-the-moment/tag/microsoft/page/3) [❯❯](https://blog.syzgroup.com/syz-the-moment/tag/microsoft/page/4?hsLang=en) ## **Thinking** out loud Sign up for our weekly email highlighting the most popular posts. Follow us ## **Thinking** out loud - - - - ## **Investing** with intelligence Our latest research, commentary and market outlooks #### [Weekly Market Update](https://blog.syzgroup.com/fast-food-for-thoughts/tag/weekly-market-update?hsLang=en) #### [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus?hsLang=en) #### [Asset Allocation Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights?hsLang=en) #### [Semi-annual Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/semi-annual-outlook?hsLang=en) - [Contact](https://www.syzgroup.com/en/contact-us/form) - [Terms & conditions](https://www.syzgroup.com/sites/default/files/document/2021-12/001-2_en-general_terms_and_conditions_w.pdf) - [Data protection notice](https://www.syzgroup.com/en/data-protection-notice) - [Cookies policy](https://www.syzgroup.com/en/legal-notices) - [Syzgroup.com](https://www.syzgroup.com/)