Gold makes the week's biggest move as PayPal takes No. 1 and fintech puts three names in the top ten. Palantir rises 30 places; Adobe gives back 22. Ranking as of Friday's close, Sep. 11, 2026.
Gold jumped 39 spots to No. 31 on this week's Roundtable 100, the largest move on the board. Rocket Lab climbed 34 places to No. 45, Uber rose 33 spots to No. 50 and Palantir advanced 30 places to No. 33.
The reshuffle put PayPal at No. 1, up three places. Schrödinger jumped 11 places to No. 2, followed by Dynatrace at No. 3. Varonis Systems and Ambiq Micro each gained 10 places to complete the top five.
Fintech took three of the top ten through PayPal, Root and Pagaya Technologies. Pattern fell six places from No. 1 to No. 7, while CrowdStrike dropped five to No. 8 and MongoDB slipped five to No. 10.
Why Gold Moved
Gold's 39-place rise separated it from the commodity cluster that had formed on the prior board. The move placed it at No. 31, ahead of copper at No. 55 and silver at No. 70.
The board was unusually active. Ninety-six of the 100 assets finished at a different rank from the previous published Friday list, though membership did not change.
Rocket Lab And Palantir Get An Upgrade
The two largest company-specific upgrades came from Blue Ribbon Committee member Sam Badawi.
Badawi moved Rocket Lab from No. 69 to No. 45. He pointed to Electron becoming the world's most frequently launched small-lift orbital rocket, with 15 launches in 2026 and 94 in total. He also cited 62% year-over-year revenue growth, a $2.36 billion backlog and Neutron's planned 13-tonne capacity.
"Profitability is still further out, which keeps me from ranking it higher today, but 62% YoY revenue growth, a $2.36B backlog, rising Electron cadence, and the Neutron opportunity justify the jump to 45," Badawi said.
Badawi moved Palantir from No. 67 to No. 33 after revenue growth accelerated from 85% to 93% year over year and adjusted operating margin widened to 62%.
"This continues to strengthen through AIP, Foundry, and the Ontology, which are becoming deeply embedded into mission-critical government and enterprise workflows," he said.
Adobe Leads The Fallers
Adobe recorded the week's steepest decline, falling 22 places from No. 20 to No. 42. Algorand and BitGo Holdings each lost 15 places, while Lam Research fell 13.
Affirm and eToro each dropped 11 places. Absci, AMD, Amphenol and Cisco each lost 10. On the other side, Circle rose 15 places to No. 83, NVIDIA gained 13 to No. 68, and Ethereum and Intuit each climbed 12.
What The Committee Said
John Divine
On PYPL: "PayPal used to trade as a high-growth payments company. That multiple assumed new accounts and checkout share would keep compounding at the old rate. They didn’t. Apple and Shopify took more of the checkout fight, user growth slowed, and the stock rerated as if the franchise itself had broken. PayPal is still one of the main ways consumers and merchants move money online. Venmo and the merchant tools are still growing at a mid-teens pace. In the latest quarter, management raised full-year guidance — meaning they now expect more profit this year than they had previously told investors. They also spent billions buying back shares, which reduces the share count. This week they opened PYUSD, PayPal’s dollar token, to outside developers. That is a new distribution channel for the balance sheet they already have. The equity trades at about ten times earnings. CrowdStrike, two places higher, trades at about forty times sales. I am not rebuilding the 2021 thesis. I am saying a cash-generative network should not rank behind a software company whose price already assumes the outcome."
On CRWD: "Falcon is a credible enterprise platform. Customers consolidate on it. Last week’s conference added more tools aimed at AI-related threats. That supports the Innovation score. It does not support third place.CrowdStrike does about $5.4 billion of revenue. The market values the company above $210 billion. That is roughly forty times sales. At that price, years of good news are already in the stock. Keeping it at #3 asks the ranking to pay for the same future a second time. Innovation stays at the top. The ranking does not."
On INTU: "Intuit owns TurboTax and QuickBooks. Demand is not optional. Tax filing and small-business accounting show up whether the market is interested in the ticker or not. The stock had a hard year. Some of that was specific: the do-it-yourself tax product hit execution problems. The company still generates more than $20 billion in revenue and several billion in profit.Its Growth score on this list is 4. That score describes a business in decline. Intuit is not in decline. It is out of favor, and out-of-favor cash compounders are where this ranking keeps missing."
On NEAR: "NEAR Protocol is a layer-1 blockchain: an independent base network that processes transactions and secures its own state, in the same category as Ethereum or Solana rather than an application sitting on top of someone else’s chain. The NEAR token is how that network is paid for and secured. Holders stake it, users spend it on fees, and the protocol can recycle value back through the token. The network is worth about $3.1 billion on both a circulating and a fully diluted basis. New tokens are still issued, so inflation is real, but you are not staring at a huge locked allocation that is scheduled to dump into the float. The investment case this week is not “another L1.” It is Intents, the cross-chain settlement product built on NEAR. Capital in crypto is stranded by design. Bitcoin lives on Bitcoin, SOL on Solana, most dollar stables on Ethereum or Tron, and moving size between those venues still means bridges, wrapped assets, and a lot of operational risk. Intents removes the user from that plumbing. You specify the outcome you want — this asset for that asset — and professional counterparties called solvers compete to fill the order across more than 30 networks. That is no longer a test. Intents has cleared about $28 billion all-time, roughly $3 billion in the past month, and on the order of $170–200 million in a day. The more important point is distribution. Ledger, Brave, Trust Wallet, SwapKit, and Li.Fi already originate swaps onto this rail, which means a lot of the volume never starts on a NEAR front end. Zcash has become a meaningful share of flow. Hyperliquid is connected. Stripe’s machine-payments work can settle across the same chain set. A confidential version of the product, where balances are not fully visible, has just taken in about $65 million. The protocol is collecting fees and using part of that stream to buy NEAR in the market. A Market Dominance score of 4.2 describes unused infrastructure. This is being used as a clearing layer for other ecosystems. I would not put NEAR in the top ten on a month of volume. I would not leave it at #29 with a dominance print that ignores the rail. #25 is the first ranking that matches the activity."
On ABSI: "Eli Lilly invested. The first human study of ABS-201, the hair-loss antibody, looked clean on safety, and the drug’s half-life is long enough that dosing could be infrequent if efficacy shows up later. Those are reasons to keep watching.They are not reasons to treat Absci as a growth franchise. Trailing twelve-month revenue is about $1.6 million. A Growth score of 98 is being assigned to a clinical pipeline. When the HEADLINE study shows the drug works in patients, the ranking can change. Until then it does not belong in the top fifteen."
On PANW: "Palo Alto is the scale platform in cybersecurity. The latest quarter beat expectations. Management also made clear that next year’s growth will decelerate once acquired revenue is stripped out, and that cloud infrastructure costs are rising faster than sales. The stock sold off after a beat because the quality of the growth changed.The company trades at about twenty-four times sales. That is a full price for a winner. Sixth place on this list repeats that verdict. Fortinet sits immediately behind it and produces more earnings against a lower multiple. I am not arguing Palo Alto lost the product fight. I am arguing it should not occupy a top-six slot at this valuation."
Sam Badawi
On PLTR: "$PLTR deserves a move from 67 to 33 as revenue growth accelerated from 85% to 93% YoY while adj. operating margin widened to 62%, an extremely rare combination of hypergrowth and profitability. So now, its moat. This continues to strengthen through AIP, Foundry, and the Ontology, which are becoming deeply embedded into mission-critical government and enterprise workflows. At yesterday’s AIPCon, $NVDA VP Jeff Whitmer summed it up well. “We really need the Ontology to help monitor,” basically saying Palantir is going to be the core operating layer for some of the world’s most complex organizations."
On RKLB: "RocketLab $RKLB deserves a move from 69 to 45 because it has built a strong launch moat, with Electron now the world’s most frequently launched small-lift orbital rocket and 15 launches already in 2026 and 94 in total, while SpaceX $SPCX continues to set the benchmark for what launch scale can become. Rocket Lab is already a go-to platform for dedicated small payloads, and Neutron’s 13-tonne capacity should expand its addressable market toward larger payloads, constellations, and a broader customer base. Profitability is still further out, which keeps me from ranking it higher today, but 62% YoY revenue growth, a $2.36B backlog, rising Electron cadence, and the Neutron opportunity justify the jump to 45."
John Slazas
On ABSI: "Absci (ABSI) is a clinical-stage generative-AI biologics company. The August quarterly report still shows very little revenue and ongoing losses, with cash extended by a June equity offering — that does not support an extremely high growth reading. On market structure, ABSI has broken structure and is vulnerable to a directionless to lower trade. Best to wait for a little house cleaning to be completed and step back. Market insight, not advice."
On ETOR: "eToro (ETOR) is a multi-asset retail trading platform. As a foreign private issuer, eToro reports quarterly results on Form 6-K rather than a 10-Q; the most recent filing shows total revenue down about 24% year-over-year, driven by a 30% drop in crypto asset trading activity, even as net income rose about 77% and funded accounts grew about 18% — a business getting more profitable on a shrinking, crypto-dependent top line. On market structure, this pairs with a fully aligned negative read across all time frames."
On IBKR: " Interactive Brokers (IBKR) is a global brokerage franchise inside the Fintech set. The official evidence is a recent quarterly filing with revenue up about 31.5% year-over-year, while Safety, Leadership, and Dominance still sit well below their longer-term baselines. On market structure, IBKR is coiling above long-term market structure creating a strong base and positive lean that may or may not need to wait to Q4 to play out. Market insight, not advice."
On CRCL: "Circle Internet Group (CRCL) is the issuer behind the USDC stablecoin. The official quarterly filing shows total revenue and reserve income up about 7% year-over-year — but USDC in circulation grew about 19% and on-chain transaction volume surged about 151% over the same period, a usage expansion the committee’s Growth score doesn’t reflect. Arc’s push toward mainnet with a heavyweight institutional validator set is the same story in infrastructure form: real expansion sitting next to a soft top-line print. Net income also rose sharply, though that swing is mostly a year-over-year IPO stock-compensation comparison rather than organic earnings growth, so it’s held out of the case. On market structure, the MKT is base building and has rotated off long-term pivotal structure, quietly building positive momentum which may not resolve until the start of Q4 — and that structure read supports the usage expansion. Market insight, not advice."
On ROOT: "Root (ROOT) is a tech-forward auto insurer inside the Fintech set. The official quarterly filing shows revenue essentially flat year-over-year — while Innovation sits far richer than that filing supports. Profitability improved, but that does not fix the growth gap: the top line is soft, and the Innovation score still reads like a high-growth story. On market structure, it’s corrective — shorter time frames negative, longer-term structure below the MKT. Structurally, this is not a market leading the charge. Market insight, not advice."
The complete ranking, with every asset's five-variable scores, is live at roundtable100.com.
Disclosure: The Roundtable 100 is published by RTB Digital, Inc. for informational purposes only. Rankings reflect the views of Roundtable analysts as of the ranking date. Committee members may hold positions in ranked assets; investing involves risk, including loss of principal.
