TECH BULLETIN

Thursday, July 30, 2026

Tech Market Context: Macro Drivers

Key macro instruments that drive tech market movements: yields, dollar, risk appetite

Market Commentary

Today's Interesting Company News

Cycurion Lands Largest Contract in Company History: $54.6 Million 10-Year Award With Top-5 Global Consulting Firm

(NASDAQ: CYCU) Cycurion, Inc. announced a major 10-year contract award secured through a partnership with a top-5 global consulting firm, with a total value of approximately $54.6 million. The agreement supports the modernization and secure operation of a major Health and Human Services System for a state government agency, with expected annual revenue exceeding $5 million. Work is scheduled to commence in November 2026. In its first-quarter 2026 results, the Company reported gross margin expansion to 21.1%, up from 17.5% in the first-quarter of last year, and narrowed net loss to $2.1 million in the first quarter of 2026 from $5.1 million in the prior quarter. An organizational realignment is expected to deliver more than $2.2 million in annual savings. The recent acquisition of Secuvant, LLC, completed on June 2, 2026, added the Panoptic threat and vulnerability visibility platform and Cyber7 framework to Cycurion's technology stack. Cycurion continues to pursue its ongoing investigation into potential market manipulation of its stock, having issued litigation hold letters to market makers and securities firms in April 2026 in connection with its litigation against ACCESS Newswire Inc. and related parties.

OCAL Financial Outlines How Its Virtual, Finance-First Model Differs From the Traditional Dealership

(TSXV: OCAL) OCAL Financial Inc. announced the structure of its asset-light, finance-first model, which is designed to operate differently from the traditional dealership approach to selling and financing vehicles. The company operates remotely and is licensed in British Columbia and Alberta, moving customers from application to approval, vehicle matching, digital contracting, and delivery in a single workflow. OCAL does not carry owned inventory and sources each vehicle only after a customer is approved, drawing on the OPENLANE auction network and select partners. Revenue is earned from vehicle sales and related finance and protection products, and OCAL does not hold consumer loans or assume credit-default risk. The company’s proprietary technology stack includes workflow orchestration, a lender-routing credit-intelligence system, voice AI, and a centralized business-intelligence system. OCAL plans to expand into Ontario, Quebec, and the U.S. market (Washington, Arizona, and Nevada). The company cautions that completion of the transaction is subject to a number of conditions, including Exchange acceptance and shareholder approval, and there can be no assurance that the transaction will be completed as proposed or at all.

MCBANK Selects Jack Henry to Power Relationship-Driven Banking

(NASDAQ:JKHY) Jack Henry announced that MCBANK has selected Jack Henry to support its long-term growth strategy and deliver modern banking experiences as it expands across the Gulf South. MCBANK is backed by more than $225 million in new capital following the merger of its holding company, MC Bancshares, with DMMS Purchaser, an investor group led by former IBERIABANK executives. The bank is executing an ambitious growth strategy to build a regional commercial and private bank through a combination of organic growth and strategic acquisitions. MCBANK selected Jack Henry's modern core processing platform and a comprehensive suite of technology solutions, including the Banno Digital Platform™, treasury management solutions, and Jack Henry™ Managed Secure Cloud. Jack Henry empowers approximately 7,400 clients with people-inspired innovation, personal service, and insight-driven solutions. For 50 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete. The company is an S&P 500 company that prioritizes openness, collaboration, and user centricity.

VenHub Highlights Proprietary AI, Robotics and Autonomous Retail Technology, Smart Store Expansion and Growth Pipeline

(NASDAQ: VHUB) VenHub Global, Inc. announced a corporate update highlighting continued execution of its growth strategy, including the opening of a second, larger 25,000 sq. ft. Las Vegas production and assembly facility to expand manufacturing and deployment capacity. The company secured a two-year extension of its flagship Smart Store partnership at the LAX/Metro Transit Center and announced a partnership with Circa Resort & Casino for a first-of-its-kind autonomous Smart Store deployment in downtown Las Vegas. VenHub introduced new features such as mobile web shopping, guest checkout, larger order capacity, and customer-experience enhancements across its platform. The company expanded into Florida through a new operator-led deployment model and strengthened its technology leadership with 24 pending patent applications. VenHub earned third-party recognition for innovation, including ranking in the top 10 of Fast Company’s Retail category. The company reported approximately 99% success across its network during the 2026 FIFA World Cup at its LAX store.

BrandPilot AI Converts Fortune 50 Healthcare Trial Into Ongoing Customer Engagement

(CSE: BPAI) BrandPilot AI Inc. announced that its previously disclosed Fortune 50 healthcare customer has transitioned from a paid trial into an ongoing commercial engagement. The Company commenced a paid trial with a Fortune 50 U.S. healthcare organization on February 24, 2026. During the trial period, BrandPilot's AdAi platform reduced average cost-per-click by approximately 33% period-over-period while maintaining campaign performance. The commercial agreement is ongoing in nature and will remain in effect unless terminated by either party in accordance with its terms. Revenue earned by the Company will depend on advertising savings generated through the use of its technology, and the engagement is performance-based and does not include a fixed contract value. BrandPilot's core capabilities include AdAi, ClickRadar™, and SearchIQ™. The Company is headquartered in Toronto, Ontario.

AITX's RAD Receives Largest Data Center Construction Order to Date

(OTC:AITX) Artificial Intelligence Technology Solutions, Inc. announced that an existing construction industry client has entered into a fully executed agreement for 12 additional RIO™ Mini autonomous solar powered security trailers and 12 ROSA™ autonomous security units, each equipped with a SARA™ license, for deployment at a new large data center construction project. Based on RAD's internal order records, this agreement represents RAD's largest single order to date for a data center construction application. Full deployment is expected by September 1, 2026. The agreement provides for a minimum deployment term of two years, with an option for the customer to continue the deployment uninterrupted for a third year. RAD solutions are specifically designed to deliver cost savings of between 35% and 80% compared to traditional manned security and monitoring. The security and guarding services industry is described as a nearly $50 billion (US) market. The company projects that construction-phase deployments may naturally expand to include permanent security solutions such as ROAMEO™ and AVA™, supported by ongoing SARA licenses.

Virtuix Lands Tesla as First Omni One Enterprise Customer, Signaling Major Push Into Humanoid Robotics

(NASDAQ: VTIX) Virtuix Holdings Inc. has completed the sale of an Omni One Enterprise system to Tesla’s Optimus humanoid robot division. The purchase, announced July 27, 2026, is Virtuix’s first confirmed enterprise sale into a major robotics program. The Omni One Enterprise system features a compact, omni-directional treadmill enabling operators to walk, run, and turn 360 degrees inside virtual environments while remaining stationary. Within Tesla's Optimus division, the system provides a low-latency, human-in-the-loop interface for robotic teleoperation, allowing engineers to accelerate robot training, motion calibration, and human-robot collaboration workflows. The enterprise configuration offers advanced telemetry logging, precise ergonomics tracking, and custom API integrations. Virtuix is ramping up manufacturing capabilities, strengthening supply chain resilience, and expanding its developer toolkit to handle enterprise demand. If the Optimus program yields positive results, Virtuix will find itself positioned directly at the intersection of spatial computing, immersive simulation, and autonomous robotics.

AiRWA Inc. Announces Completion of Acquisition of Best Life

(NASDAQ: YYAI) AiRWA Inc. announced that it has completed its previously announced acquisition of Hong Kong Best Life Trade Co., Limited (“Best Life”) by paying the seller $30 million in USDT and acquiring 100% of the issued shares of Best Life’s holding company, resulting in a 97% equity interest in Best Life. The remaining $20 million of the base purchase price is payable within 90 days of the closing in accordance with the terms of the acquisition agreement. The acquisition consideration includes additional contingent earn-out payments tied to the achievement of previously disclosed revenue milestones. AiRWA Inc. stated that this acquisition represents another step in its strategy to diversify and strengthen its revenue base while continuing to invest in its core artificial intelligence business. Following the closing, Best Life will continue to operate under its existing management team while working with AiRWA to identify opportunities for operational collaboration, international expansion, and the implementation of appropriate corporate governance and reporting processes. AiRWA Inc. provides end-to-end full-cycle services designed to empower enterprises to transition seamlessly from raw data to intelligent applications through a closed-loop system of data generation, model refinement, and operational feedback. Through its subsidiary, Yuanyu Enterprise Management Co., Limited, AiRWA also owns advanced patents and proprietary technology for licensing out to partners worldwide for the development of localized digital matchmaking and other technology solutions.

MiMedia Successfully Integrates Onto First Allotment of Devices With New Partner Doke, Now Shipping to Eastern Europe

(TSXV: MIM) MiMedia Holdings Inc. announced that the Company successfully integrated its next generation platform as the default or native media gallery onto the first allotment of new partner Doke's smartphones and tablets, now shipping to Doke distribution outlets and partners in Eastern Europe. It took just five weeks to integrate MiMedia on Doke's brand Blackview smartphone and tablets, starting from signature date of the partnership agreement to devices shipping. The first batch of integrated and shipping devices kicks-off a number of planned and anticipated shipments until the end of this year between the two partners. Target countries for these shipments will include Eastern Europe and other countries in Doke's 15 country distribution footprint. MiMedia has expanded its language localization to over 20 languages in total to be ready. Doke established its own manufactory in Shenzhen in 2019, with a 10,000-square-meter workshop, 500 skilled workers, and 7 production lines, and in 2022 expanded the factory to 60,000 square meters in Heyuan. The company projects that shipments happening in the market today with existing partners like Doke will start to generate revenue, high ARPU and cash flow for partners and MiMedia.

Illumin and Audience Acuity Partner to Shape the Future of Audience Intelligence

(TSX: ILLM, OTCQB: ILLMF) illumin Holdings Inc. and Audience Acuity announced a strategic partnership that brings trusted audience intelligence directly into the illumin platform. Audience Acuity's deterministic identity intelligence is combined with illumin's planning, activation and measurement capabilities, enabling marketers to build audiences with greater confidence and improve campaign performance. Audience Acuity has selected illumin as its preferred demand-side platform (DSP), extending the partnership from audience intelligence to campaign activation. The partnership is powered by more than 253 million verified U.S. adults and 20 billion weekly signals refreshed daily. Early customer implementations have shown individual campaigns delivering more than 50% lower acquisition costs and more than 4x higher click-through rates. The partnership is initially available in the United States, with additional capabilities to roll out as the partnership evolves. Management states that additional capabilities will continue to roll out as the partnership evolves.

Investec Selects Infosys Finacle SaaS Platform on Microsoft Azure for Digital Banking Transformation

(NSE: INFY) (BSE: INFY) (NYSE: INFY) Infosys announced that Investec has selected the Finacle Digital Banking Solution Suite on Microsoft Azure to modernize its banking operations across South Africa, the UK, Mauritius, and the Channel Islands. Investec will migrate from its legacy platforms to Finacle as part of a multi-country, large-scale transformation program. The bank will adopt the Finacle Deposits Suite, Finacle Lending Suite, Finacle Virtual Accounts Management, and Finacle Liquidity Management Solution on a multi-region Finacle SaaS platform. Investec Group was established in 1974 and currently has approximately 8,000 employees. Today, banks in over 100 countries rely on Finacle to help more than a billion people and millions of businesses to save, pay, borrow, and invest better. Investec has a dual-listed company structure with primary listings on the London and Johannesburg Stock Exchanges. The company projects that Finacle's real-time data and AI foundations will help position the bank to scale AI adoption, enhance data readiness, and unlock actionable insights.

Luxxfolio and NU E Power Announce Strategic Collaboration to Evaluate Power Infrastructure for Digital Asset Mining and Data Centre Opportunities

(CSE: LUXX) (OTCQB: LUXFF) Luxxfolio Holdings Inc. and NU E Power Corp. (CSE: NUE) have entered into a strategic collaboration to evaluate power infrastructure, hosting, and data centre development opportunities supporting digital asset mining and related compute-intensive applications. Luxxfolio has established active Litecoin mining operations using scrypt-based mining equipment, with Luxxfolio-owned miners at Christina Lake, British Columbia. NU E is currently advancing a portfolio of power and energy-park projects representing gross development capacity of more than 1,112.25 MW (613.94 MW Net) across North America, Southeast Asia, and Australia. The collaboration will prioritize opportunities where behind-the-meter power capacity can be matched directly to Luxxfolio's mining and infrastructure requirements. The parties intend to review potential project structures, site requirements, power availability, commercial terms, and development timelines. Luxxfolio is actively developing and investing in on-chain technologies that support real-world cryptocurrency use cases, including stablecoin payments, merchant processing, and self-custody wallets. Any specific project, hosting arrangement, power supply agreement, joint venture, or definitive transaction will be subject to further due diligence, negotiation of definitive documentation, board approvals, regulatory approvals, and other customary conditions.

Zoo Digital Group: Final Results

(AIM:ZOO) ZOO Digital Group plc announced its audited financial results for the year ended 31 March 2026, reporting revenue of $42.3 million and adjusted EBITDA of $4.0 million. The company completed a restructuring programme, resulting in a 42% gross profit margin (up from 36% in FY25) and a reduction in operating loss to $1.6 million from $6.5 million. Cash and cash equivalents at year-end increased to $3.6 million, with $1.4 million drawn on the US invoice financing facility against a total facility of $5.0 million. Annual fixed costs were reduced by $14.4 million over the last two years, and cash inflow from operating activities was $3.5 million. The company achieved an external quality score of 99.3% and launched a premium Fast Track service for live and near-live streamed events. The company projects a return to revenue growth and profit progression during FY27.

Ten Announces New Partnership With AEG Presents

(AIM:TENG) Ten Lifestyle Group plc announced a new partnership spanning a selection of AEG Presents' leading UK venues, festivals and live entertainment events. Under the agreement, Ten becomes an official partner across key AEG Presents venues and events, including Indigo at The O2, Watford Colosseum, University of Wolverhampton at The Halls and the C2C: Country to Country festival. Ticket inventory will be distributed via Ten Box Office, Ten's proprietary ticketing platform, enabling eligible members to discover and book a curated programme of premium live entertainment. Ten's partnerships are based on multi-year contracts generating revenue through platform-as-a-service and technology fees. Millions of members have access to Ten's services across lifestyle, travel, dining, entertainment and retail benefits on behalf of over fifty clients. Ten's operations are delivered from over 20 global offices and underpinned by 27 years of proprietary expertise. The company projects to build a scalable entertainment supply model, supported by ongoing digital integrations across ticketing partners and markets.

Alkami Announces Second Quarter 2026 Financial Results

(NASDAQ:ALKT) Alkami Technology, Inc. announced its second quarter 2026 results, reporting GAAP total revenue of $129.8 million, an increase of 15.9% compared to the year-ago quarter. The company recorded a GAAP gross margin of 56.8% and a non-GAAP gross margin of 63.0%, both down from 58.6% and 65.1% respectively in the prior year quarter. GAAP net loss was $(8.9) million, improved from $(13.6) million in the year-ago quarter, while adjusted EBITDA reached $19.4 million, up from $11.9 million. Alkami added 2.7 million registered users in the last 12 months, ending the quarter with 23.6 million digital banking users and annual recurring revenue of $511.7 million, up 21% year-over-year. Revenue per registered user was $21.69, a 7.0% increase, and adjusted EBITDA margin was 14.9%, expanding by nearly 430 basis points. The company projects third quarter 2026 GAAP total revenue in the range of $132.7 million to $134.2 million and adjusted EBITDA between $23.5 million and $24.3 million, with full-year 2026 GAAP total revenue guidance of $528.0 million to $531.0 million and adjusted EBITDA of $96.0 million to $98.0 million.

Hop-on Introduces Digitalage Live Pass, Targeting First Paid Premium Broadcasts in August 2026

(OTC:HPNN) Hop-on, Inc. announced that its wholly owned subsidiary, Digitalage, Inc., is preparing to introduce Digitalage Live Pass, a premium broadcasting model allowing creators, journalists, broadcasters, and rights holders to sell access to individual live events directly to audiences. The company is targeting its first paid platform transactions during August 2026. Digitalage deployed its live streaming infrastructure on March 10, 2026, and publicly demonstrated live broadcasting and related features on March 16. Creator onboarding began April 14 with a selected cohort of up to 100 creators, and Digitalage.com launched as the public operating platform on May 19. The initial price for Live Pass is being prepared at $9.99 per event, with creators intended to receive 85% of defined net Live Pass proceeds and Digitalage retaining 15%. The Digitalage iOS application received Apple App Store approval on June 30, and commercial intake opened June 1. The company projects that Live Pass will convert Digitalage's infrastructure, creator participation, programming, and audience engagement into paid transactions.

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