Energy Vault joins prestigious Russell 2000 Index
Westlake Village-based Energy Vault has joined the Russell 2000 Index following the conclusion of the group’s annual reconstitution, the company announced at market open on June 29. The June reconstitution of the Russell U.S. indexes captures up to the 4,000 largest U.S. stocks as of April 30, ranking them by total market capitalization. Membership in Read More →
Sonos trims 3% of all jobs, cuts hit Santa Barbara HQ
Sonos, a maker of audio products, is trimming its workforce by 3% after the company confirmed it would be laying people off, including some positions at its headquarters in Santa Barbara. First reported by Bloomberg on June 25, the job cuts would affect the company’s user experience, product, and design teams to save on costs. Read More →
Small businesses navigate margin pressures in backhalf of 2026
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$89M error crashes drone firm’s shares
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Procore CEO leads highest-executives paid on Central Coast
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The Trade Desk hires chief marketing officer
Ventura-based adtech firm The Trade Desk has appointed Sarah Gavin as its new executive vice president and chief marketing officer. Announced June 11, Gavin will lead TTD’s marketing organization, overseeing global brand, communications, customer marketing, and demand generation efforts, playing a key role in deepening engagement with customers and partners, and advancing its vision for Read More →
Mission Produce reports Q2 earnings
A few days after announcing it had closed its acquisition of Calavo Growers, Mission Produce released its results for the first quarter of 2026, highlighting declining revenue amid “historically low” avocado pricing. Based in Oxnard, Mission Produce is a leading source, producer and distributor of fresh Hass avocados. For the quarter ended April 30, the Read More →
