Releases

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Cresset Adds Cory Boggs to Santa Barbara Wealth Management Team

Managing more than $600 million in client assets, wealth advisor Cory Boggs has joined the Santa Barbara office of Cresset. The move bolsters the firm’s local presence as it continues to target entrepreneurs and multi-generational families requiring sophisticated private market and wealth planning strategies.

Direxion Targets Growth Stocks With New Income-Focused ETF Suite

Investors seeking yield from high-growth tech firms now have a new option as Direxion launches six ETFs focused on individual high-volatility stocks. By writing call options on names like Nvidia and Tesla, the firm aims to generate income without relying on the traditional dividend payouts often absent in the tech sector.

SNMPv3 Design Flaw Enables Pre-Login Reconnaissance

A fundamental design choice in the SNMPv3 protocol allows unauthenticated attackers to fingerprint network devices and enumerate valid usernames before a single credential is tested. Research from Malanta indicates that these standards-compliant responses, intended for network management, now provide a roadmap for automated brute-force attacks against internet-exposed infrastructure.

Fundstrat Capital Sets July Distribution for GRNI ETF

Fundstrat Capital has declared a monthly distribution of $0.17167 per share for the Fundstrat Granny Shots US Large Cap & Income ETF, trading under the ticker GRNI. The payout is scheduled for July 31, 2026, for shareholders of record as of the close of business on July 30.

BaseClear Joins Forces with Ultima Genomics to Scale European Sequencing

The Netherlands-based genomics provider BaseClear has become the first European certified service partner for Ultima Genomics. By integrating the UG200 platform into its Leiden facility, the company aims to drastically reduce the cost of high-throughput sequencing for researchers tackling data-intensive biological projects across the continent.

Samsonite Expands Beyond Travel in New Olivia Culpo Campaign

Olivia Culpo is anchoring the latest chapter of Samsonite’s brand platform, shifting the focus from airport terminals to the rhythm of daily life. The campaign, titled "It's Not Just a Bag, It's a Samsonite," repositions the company’s travel heritage as a versatile essential for work, home, and everything in between.

CME Group and FutureSports to Launch Financial Futures on Sports Data

CME Group is moving into the $650 billion sports economy by partnering with index administrator FutureSports to launch the world's first futures and options contracts based on athletic performance. These cash-settled instruments aim to provide professional leagues and stadium operators with tools to hedge risks tied to on-field outcomes.

Grocery TV Integrates Esri Data to Refine In-Store Ad Targeting

Grocery TV is shifting in-store advertising away from broad demographic proxies by integrating Esri’s Market Potential dataset. The partnership allows brands to deploy campaigns across 6,700 retail locations using more than 3,500 specific behavioral and psychographic attributes, mirroring the precision typically reserved for digital and television media buys.

FAST Metals Secures $4.3 Million to Mine Waste for Critical Minerals

Stamford-based FAST Metals has closed a $4.3 million pre-seed funding round to scale technology that extracts aluminum, scandium, and rare earth elements from bauxite tailings. The company simultaneously launched a partnership with Metalox Mineral Corporation, marking its first commercial deployment of a process designed to turn industrial waste into revenue.

Unitek Learning Expands Emergency Medical Training to Tempe

With 19,000 annual job openings projected for emergency medical professionals nationwide, Unitek Learning is addressing the critical workforce gap by launching a new paramedic program in Tempe, Arizona. The initiative builds on two decades of regional experience in EMT training to provide advanced life-saving instruction.

Velocity Commerce Earns Top Shopify Recognition for B2B Tools

Charlotte-based MedShift has secured the "Built for Shopify" designation for its Velocity Commerce platform, marking the app as a top-tier performer for merchant experience and technical quality. The certification highlights the software's role in managing complex B2B sales workflows directly within the Shopify ecosystem.

Only Two Vehicles Earn Top Marks in 2026 Car Seat Safety Report

Out of 56 new vehicles tested by certified safety technicians, only the 2025 Mercedes-Benz GLS580 and the 2026 Volkswagen Tiguan received straight A's for car seat installation. The annual report from Cars.com highlights a significant gap in vehicle compatibility as families prepare for the back-to-school driving season.

Infrastructure Capital Launches QVOL ETF With Monthly Dividend Target

Infrastructure Capital Advisors has declared the inaugural distribution for its newly launched Nasdaq Option Income ETF (QVOL), marking a strategic expansion of its income-focused portfolio. The fund, which combines equity exposure with options-writing strategies, aims to provide investors with a target annualized distribution rate between 12% and 15%.

M/I Homes Hits Record Contract Volume Despite Revenue Dip

M/I Homes secured a record 2,387 new home contracts during the second quarter of 2026, marking a 15% increase over the previous year. While buyer demand surged, the Columbus-based builder faced headwinds as total revenue fell 9% to $1.1 billion and home deliveries dropped 6% to 2,206 units.

Fannie Mae Posts $4 Billion Profit in Second Quarter

Fannie Mae reported a net income of $4 billion for the second quarter of 2026, according to financial statements filed with the Securities and Exchange Commission. The mortgage giant released its Form 10-Q today, detailing its performance for the period ending June 30 as it prepares to discuss the figures with investors.

The Next Great Wealth Transfer Hits Commercial Real Estate

As $124 trillion in household wealth prepares to shift between generations by 2048, commercial property owners face a looming crisis of preparation. While portfolios were built through decades of aggressive acquisition, many families lack the structural roadmap to manage the complex transition of active real estate assets to their heirs.

Job Seekers Are Using AI to Pad Resumes, Challenging HR Verification

Nearly three-quarters of HR professionals now struggle to distinguish genuine candidate qualifications from AI-generated fabrications, according to a new Equifax survey. As artificial intelligence makes it easier for applicants to embellish their histories, companies are increasingly finding their traditional vetting processes tested by sophisticated digital deception.

Dan Croteau Takes Helm at Medical Device Manufacturer Viant

Dan Croteau, a veteran executive with over three decades of experience in the medical device sector, will become the new chief executive officer of Viant on August 4. His appointment follows a period of significant growth for the Foxborough-based company, which provides design and manufacturing services to global healthcare firms.

Peabody Reports Q2 Loss Amid Capital Restructuring and Mine Commissioning

Peabody posted a net loss of $90.6 million for the second quarter of 2026, a sharp decline from the $27.6 million loss recorded during the same period last year. The St. Louis-based coal producer faced temporary volume constraints and rising operational costs, even as it aggressively moved to overhaul its financial structure.

Curaleaf Expands Florida Presence with 75th Dispensary in Boynton Beach

Curaleaf Holdings is set to open its 75th dispensary in Florida on July 31, marking a strategic milestone for the cannabis provider. Located at 3575 W. Boynton Beach Blvd., the new retail site brings the company’s total national footprint to 167 locations as it continues to scale its operations within the state.

Wingstop Net Income Climbs 17% Despite Domestic Sales Slump

Wingstop reported a 16.9% increase in net income to $31.3 million for the second quarter of 2026, even as the restaurant chain faced a 7.5% decline in domestic same-store sales. The Dallas-based company expanded its footprint by 102 net new locations, pushing its total system-wide count to 3,255.

General Dynamics Reports Growth Driven by Aerospace and Marine Surge

General Dynamics reported a robust second quarter for 2026, posting $14.1 billion in revenue—an 8.1% increase over the previous year. The defense giant saw diluted earnings per share climb to $4.24, fueled by significant expansion in its aerospace and marine systems segments and a strong 1.4-to-1 company-wide book-to-bill ratio.

Bandwidth Raises 2026 Outlook as AI Demand Boosts Revenue

Bandwidth Inc. reported second-quarter 2026 revenue of $220 million, a 22% increase over the previous year, as the cloud communications provider capitalizes on rising enterprise demand for AI-integrated infrastructure. Following the results, the company raised its full-year guidance, citing strong momentum in its core voice and messaging services.

PBS Biotech Joins Organoid COMMONS to Scale Human-Relevant Models

Camarillo-based PBS Biotech has joined the Organoid COMMONS consortium, aiming to transition complex organoid technologies from laboratory research into large-scale industrial manufacturing. The partnership seeks to establish standardized bioprocessing frameworks that move the pharmaceutical industry beyond its traditional reliance on animal-based testing models.

Clayton Family Partners with Streamside to Expand Townsend Portfolio

Chelly and Kevin Clayton have entered a long-term investment partnership with Nashville-based Streamside RV Resorts & Campgrounds, transitioning ownership of four prominent Townsend businesses. The move brings Little Arrow Outdoor Resort, Little Arrow Base Camp, River Rat, and Burger Master under the umbrella of the growing national outdoor hospitality operator.

Potomac Bancshares Posts 60% Earnings Jump Amid Expansion

Potomac Bancshares recorded a net income of $3.3 million for the second quarter of 2026, marking a 60% surge compared to the same period last year. Driven by organic growth across its core markets, the bank holding company saw its quarterly earnings per share reach $0.80, bolstered by a 9% increase in net interest income.

Blackbaud Forecasts Strong Finish to 2026 Following Q2 Growth

Blackbaud reported a 3% increase in total revenue for the second quarter of 2026, reaching $290.6 million. With steady financial performance through June, the Charleston-based software provider reaffirmed its full-year guidance and expects to land in the upper half of its projected ranges for key profitability and cash flow metrics.

Triquetra Health Debuts Dual-Pathway Magnesium for Cognitive Support

Austin-based supplement firm Triquetra Health has launched Mental Magnesium, a cognitive health formula that integrates two patented magnesium compounds. By combining Magtein and ATA Mg, the product aims to bypass the blood-brain barrier to deliver magnesium directly to neural tissues, addressing a common limitation in standard supplement formulations.

American College of Surgeons Partners with Arcadia to Modernize Data

The American College of Surgeons is overhauling its clinical data infrastructure through a new partnership with Boston-based health platform Arcadia. The multi-year initiative aims to streamline the collection and analysis of surgical records, shifting the focus from manual administrative tasks to direct improvements in patient outcomes across the nationwide network.