Payhawk, an AI-native spend management platform, has surpassed $100 million in annual recurring revenue (ARR), achieving 159% year-over-year growth in new business and 95% growth in payment volumes. The company rebuilt its products and operations around autonomous AI agents, boosting efficiency and ARR per employee by 75%. Payhawk now expects one in every 500 commercial card payments in Europe to be made with its card by Q4 2026. This milestone highlights the potential of AI-driven finance platforms to scale globally from Europe, with new AI-powered products like Travel Agent and Financial Controller Agent enhancing customer adoption. The company aims to revolutionize business finance operations by significantly reducing the required finance staff.
Ethereum gained about 66.55% in Q3 2026, marking its best third quarter since 2016 and the third strongest ever. This rally was fueled by over $10 billion inflows into spot Ethereum ETFs, $15 billion in corporate treasury purchases, and a rise in dec...
Comstock Resources announced a joint venture with a fund linked to the Jerry Jones family investing over $400 million. The company also reached a preliminary agreement to reduce its debt by about half through $1.65 billion in gross proceeds. This mov...
The Vanguard High Dividend Yield Index Fund (VYM) has a forward price-to-earnings ratio of 18.85, lower than the SPY's 20-21, resulting in a higher earnings yield despite its modest 2.2% dividend. Its portfolio is heavily weighted in financial stocks...
Research by ARK Invest shows that under 1% of transactions on Robinhood Chain are directly linked to Robinhood Wallet users, with a generous estimate of up to 5% when including unidentified contracts. Most trading activity originates from external pl...
Semiconductor and memory stocks unexpectedly rose following a stronger-than-expected August jobs report showing 162,000 new payrolls versus 56,000 expected. This rally contrasts with declines in most non-AI stocks, suggesting some selling pressure in...
