CROX and COIN Show Strong Bullish Trends

Travis Hoium
05-09

1. $Crocs(CROX)$

Are tariffs going to kill US businesses?

It depends.

This quote from CROX was interesting. A 10% tariff would be a $45 million impact, or 4.7% of 2024 net income.

Keeping the 145% China tariff would be a $130 million impact, 14% of 2024 net income.

Seems Crocs will be fine.

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2. $Coinbase Global, Inc.(COIN)$

Here's a wild stat for you.

Coinbase did $3.0 billion in trading volume in the last 24 hours

Deribit did $6.1 billion in volume

Seems like a great deal for Coinbase at a $2.9 billion price tag.

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