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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