--- title: The neocloud comeback is on description: "The neocloud comeback is on after Elon Musk called compute demand “ridiculous” on the\n$SPCX earnings call: \n• $CRWV +7% \n• $NBIS +6% \n• $HUT +5% \n• $WULF +4% \n• $CIFR +4%\n\nSource: Shay Boloor\n@StockSavvyShay" image: https://blog.syzgroup.com/hubfs/1792566317490.jpg --- [![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. 21 Oct 2026 - - - #### The neocloud comeback is on The neocloud comeback is on after Elon Musk called compute demand “ridiculous” on the $SPCX earnings call: • $CRWV +7% • $NBIS +6% • $HUT +5% • $WULF +4% • $CIFR +4% Source: Shay Boloor @StockSavvyShay [#Technology|](https://blog.syzgroup.com/syz-the-moment/tag/technology) [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![The neocloud comeback is on](https://blog.syzgroup.com/hubfs/1792566317490.jpg) ![The neocloud comeback is on](https://blog.syzgroup.com/hubfs/1792566317490.jpg) #### Disclaimer 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. Read More ## Related Articles [Technology|](https://blog.syzgroup.com/syz-the-moment/tag/technology) [AI](https://blog.syzgroup.com/syz-the-moment/tag/ai) #### [The largest merger in history could unite Tesla and SpaceX.](https://blog.syzgroup.com/syz-the-moment/the-largest-merger-in-history-could-unite-tesla-and-spacex?hsLang=en) According to the Financial Times, both companies have formed special committees to explore a combination potentially worth more than $3 trillion. No terms agreed. No deal guaranteed. The ambition? Bring AI, robotics, chips, satellite connectivity and space infrastructure under one roof. Meanwhile, SpaceX’s latest results reveal how rapidly its business is changing: → Quarterly revenue: $14.6bn, up 161%. → Net profit: $4.4bn. → AI computing revenue: $7.6bn, up ninefold. → Starlink revenue: $5.2bn. AI computing now generates more than half of group revenue. But the spending is equally extraordinary. SpaceX expects $35–40bn of capital expenditure next quarter alone, as Musk targets a massive expansion in computing capacity. The question for shareholders: would combining these businesses unlock greater value—or make an already complex investment story even harder to assess? Source: FT **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/author/charles-henry-monchau?hsLang=en)** | 21/10/2026 [Technology|](https://blog.syzgroup.com/syz-the-moment/tag/technology) [china](https://blog.syzgroup.com/syz-the-moment/tag/china) #### [China's soaring semiconductors exports and imports: all price, as volumes collapse](https://blog.syzgroup.com/syz-the-moment/chinas-soaring-semiconductors-exports-and-imports-all-price-as-volumes-collapse?hsLang=en) Source: zerohedge Goldman Sachs Haver Analytics **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/author/charles-henry-monchau?hsLang=en)** | 20/10/2026 [markets|](https://blog.syzgroup.com/syz-the-moment/tag/markets) [equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) #### [Market performance since the first serious MSCI warning for a downgrade](https://blog.syzgroup.com/syz-the-moment/market-performance-since-the-first-serious-msci-warning-for-a-downgrade?hsLang=en) Indonesia -46% Turkey -21% Source: Emre Akcakmak **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/author/charles-henry-monchau?hsLang=en)** | 20/10/2026 ## Straight from the Desk # Syz the moment Live feeds, charts, breaking stories, all day long. 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