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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) - 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[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 17 Jun 2024 - - - #### Europe is way behind in Tech 💻 Source: Science Is Strategic, The Economist, Pitchbook #venturecapital [#Technology|](https://blog.syzgroup.com/syz-the-moment/tag/technology) [#europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) ![Europe is way behind in Tech 💻](https://blog.syzgroup.com/hubfs/9-Jun-17-2024-03-08-27-5451-PM.jpg) ![Europe is way behind in Tech 💻](https://blog.syzgroup.com/hubfs/9-Jun-17-2024-03-08-27-5451-PM.jpg) 14 Jun 2024 - - - #### Semiconductor industry overview By Invest in assets [#Technology](https://blog.syzgroup.com/syz-the-moment/tag/technology) ![Semiconductor industry overview](https://blog.syzgroup.com/hubfs/13-Jun-14-2024-02-23-52-2628-PM.jpg) ![Semiconductor industry overview](https://blog.syzgroup.com/hubfs/13-Jun-14-2024-02-23-52-2628-PM.jpg) 14 Jun 2024 - - - #### The Magnificent 7's share of the SP500 just hit another all-time high of 32%. This is 12 percentage points higher than at the beginning of 2023. The weight of these 7 stocks in the index has almost DOUBLED in just over 4 years. This comes as the 3 largest stocks, Apple, Microsoft, and Nvidia, are all officially worth over $3 trillion. Meanwhile, the technology sector just hit another all-time high relative to the S&P 500. Tech is becoming even more dominant. Source: Bloomberg, The Kobeissi Letter [#Technology|](https://blog.syzgroup.com/syz-the-moment/tag/technology) [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![The Magnificent 7's share of the SP500 just hit another all-time high of 32%.](https://blog.syzgroup.com/hubfs/6-Jun-14-2024-02-10-18-5283-PM.jpg) ![The Magnificent 7's share of the SP500 just hit another all-time high of 32%.](https://blog.syzgroup.com/hubfs/6-Jun-14-2024-02-10-18-5283-PM.jpg) 11 Jun 2024 - - - #### In the first three weeks of May, OpenAI’s ChatGPT averaged 77 million daily visits, putting it on track to reach 2.3 billion visits last month A new monthly record after setting its previous record of 1.8 billion visits a year ago. Source: Beth Kindig $MSFT $NVDA $GOOG $AMZN [#Technology|](https://blog.syzgroup.com/syz-the-moment/tag/technology) [#AI](https://blog.syzgroup.com/syz-the-moment/tag/ai) ![In the first three weeks of May, OpenAI’s ChatGPT averaged 77 million daily visits, putting it on track to reach 2.3 billion visits last month](https://blog.syzgroup.com/hubfs/3-Jun-11-2024-02-38-14-3985-PM.jpg) ![In the first three weeks of May, OpenAI’s ChatGPT averaged 77 million daily visits, putting it on track to reach 2.3 billion visits last month](https://blog.syzgroup.com/hubfs/3-Jun-11-2024-02-38-14-3985-PM.jpg) 5 Jun 2024 - - - #### Tech CEOs are the new modern day rockstars $NVDA Source: Trendspider [#Technology|](https://blog.syzgroup.com/syz-the-moment/tag/technology) [#nvidia](https://blog.syzgroup.com/syz-the-moment/tag/nvidia) ![Tech CEOs are the new modern day rockstars $NVDA](https://blog.syzgroup.com/hubfs/9-Jun-05-2024-02-39-45-7974-PM.jpg) ![Tech CEOs are the new modern day rockstars $NVDA](https://blog.syzgroup.com/hubfs/9-Jun-05-2024-02-39-45-7974-PM.jpg) 3 Jun 2024 - - - #### Nailed it Source: Michel A.Arouet [#Technology|](https://blog.syzgroup.com/syz-the-moment/tag/technology) [#AI](https://blog.syzgroup.com/syz-the-moment/tag/ai) ![Nailed it](https://blog.syzgroup.com/hubfs/15-Jun-03-2024-03-23-26-8679-PM.jpg) ![Nailed it](https://blog.syzgroup.com/hubfs/15-Jun-03-2024-03-23-26-8679-PM.jpg) 3 Jun 2024 - - - #### The current earnings season has largely been a rough one for cloud software providers. Source: Win Smart, Factset [#Technology](https://blog.syzgroup.com/syz-the-moment/tag/technology) ![The current earnings season has largely been a rough one for cloud software providers.](https://blog.syzgroup.com/hubfs/11-Jun-03-2024-03-16-19-6095-PM.jpg) ![The current earnings season has largely been a rough one for cloud software providers.](https://blog.syzgroup.com/hubfs/11-Jun-03-2024-03-16-19-6095-PM.jpg) 31 May 2024 - - - #### Software stocks got hammered yesterday. iShares Tech Software Sector ETF finished -5.8% (biggest daily drop since the pandemic w/Salesforce DOWN 20% (worst session in ~20 years), UiPath -35%, Okta -6%, Mongo DB -24%. Source: Bloomberg, HolgerZ [#Technology|](https://blog.syzgroup.com/syz-the-moment/tag/technology) [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![Software stocks got hammered yesterday.](https://blog.syzgroup.com/hubfs/4-May-31-2024-02-11-07-9024-PM.jpg) ![Software stocks got hammered yesterday.](https://blog.syzgroup.com/hubfs/4-May-31-2024-02-11-07-9024-PM.jpg) ❮❮ [❮](https://blog.syzgroup.com/syz-the-moment/tag/technology/page/32) [31](https://blog.syzgroup.com/syz-the-moment/tag/technology/page/31) [32](https://blog.syzgroup.com/syz-the-moment/tag/technology/page/32) [33](https://blog.syzgroup.com/syz-the-moment/tag/technology/page/33) [34](https://blog.syzgroup.com/syz-the-moment/tag/technology/page/34) [35](https://blog.syzgroup.com/syz-the-moment/tag/technology/page/35) [❯](https://blog.syzgroup.com/syz-the-moment/tag/technology/page/34) [❯❯](https://blog.syzgroup.com/syz-the-moment/tag/technology/page/43?hsLang=en) ## **Thinking** out loud Sign up for our weekly email highlighting the most popular posts. 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