If you're one of the 71% of Americans who rely on credit card rewards to maximize your spending, a seismic shift is coming that could fundamentally change how you earn points, cashback, and travel benefits. On November 10, 2025, Visa and Mastercard reached a historic settlement with merchants—ending a 20-year legal battle over the hidden fees that fund your favorite rewards programs. While this may sound like dry financial news, the implications for your wallet are profound.

Discover how artificial intelligence is driving a historic transformation in global infrastructure investment in Axum Holdings’ latest research: “AI Infrastructure Meets Real Assets: The Rise of Digital Utilities.” This publication examines the convergence of AI datacenter demand with the power and infrastructure sector, revealing why traditional utilities like Brookfield Infrastructure Partners are becoming indispensable to the digital economy. As datacenters push for a proj

Unlock the story behind one of the most dramatic quarters in fintech—Robinhood's Q3 2025 earnings reveal is reshaping how investors think about growth, risk, and valuation in today's market. In our exclusive Axum Holdings report, you'll discover why Robinhood's revenues doubled, profit tripled, and yet the stock sold off despite a historic year-to-date rally of over 280%. Dive inside to see how Robinhood's explosive, transaction-driven growth stacks up against SoFi, whose ste

Amazon Web Services (AWS) sits atop the global cloud market with roughly 30% share in 2025, but its cloud dominance is shaping the competitive future of artificial intelligence and robotics in ways many investors overlook. In the latest Axum Holdings report, we follow the logic of how AWS’s unmatched scale, elasticity, and integrated AI services create strategic advantages that go beyond cost savings—delivering compounding network effects, powerful data flywheels, and industr

The global semiconductor industry is in the throes of an AI-fueled CAPEX supercycle, where multi-billion-dollar investments in advanced nodes and infrastructure are reshaping competitive landscapes. As fabs exceed $20 billion in cost and TSMC commits $38-42 billion annually to 3nm/2nm pursuits, capital intensity has reemerged as the ultimate moat—confining leadership to those with scale, discipline, and foresight. AMD and Broadcom exemplify this shift through contrasting yet

Axum Holdings Research Division — October 29, 2025 Artificial intelligence is no longer a futuristic concept in financial services—it's the competitive battleground defining winners and losers today. With over 85% of financial institutions now deploying AI across critical operations, the technology has evolved from experimental pilots to mission-critical infrastructure. Industry spending on AI is projected to nearly triple from $35 billion in 2023 to $97 billion by 2027, refl

Axum Holdings Research Division — October 27, 2025 Ready for liftoff: Rocket Lab is lighting up the investing world in 2025.  The public competitor to SpaceX has surged 150% year-to-date, stoking Wall Street's excitement and drawing bullish calls from Morgan Stanley, Baird, and CNBC’s Jim Cramer. Why? A flood of new launch contracts, sector-defining partnerships, and the imminent debut of its Neutron rocket have analysts calling Rocket Lab “SpaceX 2.0.” [1] [2] [3] This repor

October 24, 2025 Axum Holdings Investment Research Division Markets roared higher on October 24, 2025, after fresh inflation data signaled that price pressures are finally cooling, giving investors renewed confidence that equities could finish the year on a strong note. The Dow Jones Industrial Average jumped over 500 points to all-time highs, the S&P 500 broke through the 6,800 mark for the first time, and the Nasdaq rallied nearly 300 points as market optimism swept across

Executive Summary The healthcare industry stands at a critical inflection point where technological innovation, particularly artificial intelligence, is emerging as the primary lever for margin expansion in a sector beset by rising costs and reimbursement pressures. As hospitals struggle with operating margins averaging negative 4% in 2024 and Medicare Advantage insurers face unprecedented profitability challenges, the strategic deployment of AI technology is separating indus