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.
Arthur J. Gallagher expects about 6% organic growth in Q3, driven by strong client retention and new business despite easing property insurance pricing. Cantor Fitzgerald lowered its price target to $280, below the $288 average from 19 analysts who m...
Needham raised Zscaler's price target to $255, citing strong demand for AI-related cybersecurity solutions. Zscaler aims to exceed $8 billion in annual recurring revenue by fiscal 2031, driven by increasing needs to protect against AI-powered cyberat...
Barclays has lowered its price target for Netflix shares from $80 to $70 due to concerns over slower revenue growth and rising content costs, especially for live programming. Despite Netflix's large subscriber base of 325 million, the company faces p...
Barclays has increased its price target for MetLife stock to $111 from $97, indicating potential upside as shares currently trade near $97.16. MetLife also declared a fourth-quarter 2026 dividend of $0.59 per common share, payable on December 8, 2026...
Nasdaq is enhancing its Calypso platform with agentic AI to improve trading and risk management, addressing manual post-trade tasks in financial services. Its Financial Technology unit saw 16% revenue growth and added numerous new clients, driven by ...
