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Mohawk Industries schedules Q2 2026 earnings call for July 31, with CEO succession announced.

Company Fundamentals
02 Jul 2026
Na
View Source
Neutral
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Mohawk Industries will release its Q2 2026 financial results on July 30, followed by a live earnings call on July 31 at 11:00 a.m. ET. Investors can join via the company website or phone. Additionally, Mohawk announced a CEO succession plan: Paul De Cock will become CEO effective September 30, 2026, as Jeff Lorberbaum retires after a 50-year career but will remain chairman. This transition marks a significant leadership change for the world's largest flooring company.

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Tether freezes $1.4M USDT in 131 TRON wallets linked to ISIS-K after US sanctions

Tether freezes $1.4M USDT in 131 TRON wallets linked to ISIS-K after US sanctions

Tether froze all USDT funds in 131 TRON wallets linked to the terrorist group ISIS-K following US Treasury sanctions. These wallets held over $1.4 million since 2023, with some funds routed to Syrian exchanges. This move blocks access to those funds,...

Market News
Neutral
4 hours ago
Oil prices steady as OPEC+ holds output and US shale supply grows; natural gas eyes gains above $3.19.

Oil prices steady as OPEC+ holds output and US shale supply grows; natural gas eyes gains above $3.19.

Oil prices remain stable with WTI holding at $67.81 and Brent at $73.06 as OPEC+ maintains production discipline while US shale supply continues to rise. Strong refinery activity supports demand for fuels and petrochemicals during the summer driving ...

Market News
Neutral
4 hours ago
Oil prices drop as US-Iran talks ease Strait of Hormuz risks, pushing WTI below $69 and Brent near $70.

Oil prices drop as US-Iran talks ease Strait of Hormuz risks, pushing WTI below $69 and Brent near $70.

Oil prices fell sharply due to positive US-Iran talks reducing the risk premium associated with the Strait of Hormuz, a key global oil transit route. WTI crude dropped below $69, signaling bearish pressure with potential to fall further toward $55-$6...

Market News
Bearish
4 hours ago
AbbVie buys Apogee Therapeutics for $10.9B to boost immunology and future growth.

AbbVie buys Apogee Therapeutics for $10.9B to boost immunology and future growth.

AbbVie is acquiring Apogee Therapeutics for $10.9 billion to strengthen its immunology portfolio and prepare for upcoming patent expirations. AbbVie's existing drugs Skyrizi and Rinvoq have already surpassed Humira's peak sales and continue growing r...

Company Fundamentals
Bullish
4 hours ago
Unusual Machines targets $35/share as it scales drone component production and defense market growth.

Unusual Machines targets $35/share as it scales drone component production and defense market growth.

Unusual Machines (UMAC) is rated Buy with a $35 per share target, driven by expected growth in drone components and batteries. The company is expanding through a $52 million acquisition of Upgrade Energy and new production facilities to achieve verti...

Market News
Bullish
4 hours ago
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