La vendita allo scoperto per BitFuFu dà agli investitori un'idea del grado in cui gli investitori stanno scommettendo sul declino delle azioni di BitFuFu. I dati relativi alle vendite allo scoperto vengono aggiornati ogni due settimane.

BitFuFu (NASDAQ:FUFU) Azioni, Report sulle vendite allo scoperto

BitFuFu

BitFuFu Inc is a digital asset mining and cloud-mining service provider that fosters a secure, compliant, and transparent blockchain infrastructure. It provides stable and intelligent digital asset mining solutions, including one-stop cloud-mining services and miner hosting services to institutional customers and individual digital assets.

BitFuFu Inc

Kodiak Gas Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGS#NYSE">KGS</a>) reported quarterly earnings of $0.05 per share which missed the analyst consensus estimate of $0.37 by 86.49 percent. The company reported quarterly sales of $324.647 million which beat the analyst consensus estimate of $316.749 million by 2.49 percent. This is a 40.55 percent increase over sales of $230.983 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

News

Kodiak Gas Services Q3 2024 Adj. EPS $0.05 Misses $0.37 Estimate, Sales $324.647M Beat $316.749M Estimate

A mysterious trader, dubbed the &#8220;Trump whale,&#8221; is<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41772749/donald-trumps-re-election-nets-french-trump-whale-almost-50-million"> set to gain nearly $50 million</a> after making bold bets related to the U.S. presidential election. The trader, identified as &#8220;Théo,&#8221; accurately forecasted Donald Trump&#8216;s victory, including his win in the popular vote, despite widespread skepticism from analysts.
Théo placed his bets on Polymarket, a crypto-based betting platform, using four anonymous accounts. He communicated with a Wall Street Journal reporter, explaining that his strategy stemmed from a distrust of polling data. Théo, a wealthy Frenchman with a banking background, used his mathematical expertise to scrutinize U.S. polls, concluding they exaggerated support for Vice President Kamala Harris, The Wall Street Journal <a href="https://www.wsj.com/finance/how-the-trump-whale-correctly-called-the-election-cb7eef1d">reported</a> on Wednesday.
See Also: <a href="https://www.benzinga.com/news/24/11/41793530/bernie-sanders-says-american-people-are-angry-and-want-change-and-theyre-right-democrats-have-abando?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Bernie Sanders Says &#8216;American People Are Angry And Want Change&#8217; And &#8216;They&#8217;re Right&#8217; — Democrats Have Abandoned The Working Classes</a>
Théo&#8217;s wagers, exceeding $30 million, were essentially a challenge to conventional polling methods. As election results began to unfold, Théo remained confident, especially after Trump&#8217;s strong showing in Florida. The Wall Street Journal confirmed Théo&#8217;s identity as the trader behind four anonymous Polymarket accounts, with Polymarket verifying his French nationality and trading experience.
The &#8220;Fredi tracker&#8221; monitoring the accounts linked to Théo shows his total gains reaching nearly $49.5 million, with his current portfolio valued at $100.7 million on Polymarket. 
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/11/41733346/obamas-former-campaign-manager-alarmed-by-early-voting-numbers-as-harris-trump-fight-close-battle-re?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Obama&#8217;s Former Campaign Manager Alarmed By Early Voting Numbers As Harris-Trump Fight Close Battle: &#8216;Republicans Didn&#8217;t Do What They Did Last Time&#8217;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Image via Flickr

Markets

General

How Mystery 'Trump Whale' Reaps $50M Profit By Betting Against Polling Data

NBA star Scottie Pippen's "dream encounter" with Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) creator Satoshi Nakamoto failed to hit the bull&#8217;s eye, as the leading cryptocurrency gained but didn't gain enough on election day.
What happened: Widely regarded as one of the greatest players in NBA history,&nbsp; Pippen is a known celebrity advocate of Bitcoin and actively uses his social media presence to promote the cryptocurrency.&nbsp;
Earlier in September, he described one of his dreams that piqued the interest of the Bitcoin community.
Pippen said that none other than the pseudonymous Satoshi appeared in his dreams and predicted that the dominant cryptocurrency would hit $84,650 on Nov. 5, the day of the elections.
However, he added that this wasn't any financial advice.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x1f440; <a href="https://t.co/xiP2MV0opL">https://t.co/xiP2MV0opL</a>
&mdash; Scottie Pippen (@ScottiePippen) <a href="https://twitter.com/ScottiePippen/status/1854296230245118169?ref_src=twsrc%5Etfw">November 6, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41796743/ethereum-whales-wake-up-from-slumber-to-cash-out-90m-amid-rally-but-indicators-show-sentim">Ethereum Whales Wake Up From Slumber To Cash Out $90M Amid Rally, But Indicators Show Sentiment Can Flip</a>
As it turned out, Bitcoin soared on Donald Trump's victory but missed &#8220;Satoshi's projection&#8221;. The apex cryptocurrency's rally was halted at a high of $76,460.
Details about Pippen&#8217;s Bitcoin or cryptocurrency holdings have been sketchy, and the iconic athlete did not immediately respond to Benzinga's request for more information.
Why It Matters: Price predictions for Bitcoin were in full swing leading up to the election, and they are certain to continue as market expectations have only grown.
A potential Trump win being the bull case, global investment bank Standard Chartered had earlier <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40835368/bitcoin-will-hit-125k-if-donald-trump-wins-75k-in-case-of-a-kamala-harris-victory-standard">projected </a>Bitcoin to shoot to $125,000. Brokerage firm Bernstein projected the leading cryptocurrency <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40778409/donald-trump-winning-the-election-could-propel-bitcoin-to-90k-but-a-kamala-harris-win-coul">to hit $80,000 to $90,000</a> by the end of Q4 should Trump emerge victorious.
Price Action: At the time of writing, Bitcoin was exchanging hands at $74,605.01 down 0.14% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Photo courtesy: Unsplash
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41795154/ripple-ceo-brad-garlinghouse-proposes-crypto-blueprint-for-trumps-first-100-days-fire-gens">Ripple CEO Brad Garlinghouse Proposes Crypto Blueprint For Trump&#8217;s First 100 Days: &#8216;Fire Gensler. Day 1, No Delays&#8217;</a></li>
</ul>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Sports

$BTC

NBA legend Scottie Pippen's Prophetic 'Satoshi Nakamoto Dream' Misses Bitcoin Numbers On Election Day

Fortuna Silver Mines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSM#NYSE">FSM</a>) reported quarterly earnings of $0.16 per share which beat the analyst consensus estimate of $0.12 by 33.33 percent. This is a 77.78 percent increase over earnings of $0.09 per share from the same period last year. The company reported quarterly sales of $274.900 million which beat the analyst consensus estimate of $265.956 million by 3.36 percent. This is a 13.08 percent increase over sales of $243.100 million the same period last year.

Fortuna Silver Mines Q3 2024 Adj. EPS $0.16 Beats $0.12 Estimate, Sales $274.900M Beat $265.956M Estimate

Equinox Gold (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/EQX#AMEX">EQX</a>) reported quarterly earnings of $0.09 per share which missed the analyst consensus estimate of $0.12 by 25 percent. This is unchanged from the same period last year. The company reported quarterly sales of $428.400 million which missed the analyst consensus estimate of $437.836 million by 2.16 percent. This is a 50.47 percent increase over sales of $284.700 million the same period last year.

Equinox Gold Q3 2024 Adj. EPS $0.09 Misses $0.12 Estimate, Sales $428.400M Miss $437.836M Estimate

Outlook
We are pleased to reaffirm our guidance midpoint for 2024, reflecting the continued strength of our financial performance, the positive underlying momentum in our business as well as the positive contribution from portfolio activity.
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">2024 Guidance</td>
<td colspan="2" rowspan="1">Updated Guidance Range (i)</td>
<td colspan="2" rowspan="1">Previous Guidance Range (ii)</td>
</tr>
<tr>
<td colspan="1" rowspan="1">(in $ billions, except per share data)</td>
<td colspan="1" rowspan="1">Low</td>
<td colspan="1" rowspan="1">High</td>
<td colspan="1" rowspan="1">Low</td>
<td colspan="1" rowspan="1">High</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Net income</td>
<td colspan="1" rowspan="1">3.78</td>
<td colspan="1" rowspan="1">3.85</td>
<td colspan="1" rowspan="1">3.70</td>
<td colspan="1" rowspan="1">3.85</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Adjusted EBITDA&#x2A;</td>
<td colspan="1" rowspan="1">6.87</td>
<td colspan="1" rowspan="1">6.97</td>
<td colspan="1" rowspan="1">6.82</td>
<td colspan="1" rowspan="1">7.02</td>
</tr>
<tr>
<td colspan="1" rowspan="1">EPS</td>
<td colspan="1" rowspan="1">$5.45</td>
<td colspan="1" rowspan="1">$5.55</td>
<td colspan="1" rowspan="1">$5.40</td>
<td colspan="1" rowspan="1">$5.60</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Capital expenditure</td>
<td colspan="1" rowspan="1">2.4</td>
<td colspan="1" rowspan="1">2.6</td>
<td colspan="1" rowspan="1">2.2</td>
<td colspan="1" rowspan="1">2.4</td>
</tr>
</tbody>
</table>
</figure>

Guidance

CRH Expects 2024 EPS Of $5.45-$5.55 (Prior $5.40-$5.60) Vs $5.52 Est., And Adj EBITDA Of $6.87B-$6.97B (Prior $6.82B-$7.02B)

CRH Q3 2024 GAAP EPS $1.97 Miss $2.09 Est, Sales $10.515B Miss $10.56B Est

Macro Economic Events

Econ #s

Economics

Germany Trade Balance For September 17.0B Vs. 20.8B Est.; 22.5B Prior

Germany Industrial Production (MoM) For September -2.5% Vs. -1.1% Est.; 2.9% Prior

U.K. Halifax House Price Index (YoY) For October 3.9% Vs. 4.2% Est.; 4.6% (Revised) Prior

U.K. Halifax House Price Index (MoM) For October 0.2% Vs. 0.2% Est.; 0.3% Prior

LandBridge (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LB#NYSE">LB</a>) reported quarterly sales of $28.487 million which missed the analyst consensus estimate of $33.323 million by 14.51 percent. This is a 60.05 percent increase over sales of $17.799 million the same period last year.

LandBridge Q3 Sales $28.487M Miss $33.323M Estimate, Net Loss $2.8M

Moderna, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) will release earnings results for its third quarter, before the <a href="https://www.benzinga.com/quote/MRNA/earnings">opening bell on Thursday, Nov. 7.</a>
Analysts expect the Cambridge, Massachusetts-based company to report a quarterly loss at $1.9 per share, versus a year-ago loss of $9.53 per share. Moderna projects to report revenue of $1.25 billion for the quarter, compared to $1.83 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Oct. 28, On Monday, Merck &amp; Co Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>) and Moderna announced the initiation of INTerpath-009, a pivotal Phase 3 trial of V940 (mRNA-4157).
Moderna shares fell 2.8% to close at $51.81 on Wednesday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/TJX/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>JP Morgan analyst Jessica Fye maintained an Underweight rating and cut the price target from $70 to $59 on Oct. 4. This analyst has an accuracy rate of 61%.</li>
<li>Jefferies analyst Michael Yee maintained a Hold rating and slashed the price target from $65 to $55 on Oct. 15. This analyst has an accuracy rate of 63%.</li>
<li>B of A Securities analyst Geoff Meacham maintained a Neutral rating and cut the price target from $130 to $110 on Sept. 13. This analyst has an accuracy rate of 60%.</li>
<li>Needham analyst Joseph Stringer reiterated a Hold rating on Sept. 13. This analyst has an accuracy rate of 77%.</li>
<li>Evercore ISI Group analyst Cory Kasimov maintained an In-Line rating with a price target of $120 on June 27. This analyst has an accuracy rate of 70%.</li>
</ul>
Considering buying MRNA stock? Here&#8217;s what analysts think:
Read This Next: 
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/41776764/jim-cramer-this-financial-stock-is-a-buy-likes-broadcom">Jim Cramer: This Financial Stock Is A Buy, Likes Broadcom</a></li>
</ul>

Price Target

Pre-Market Outlook

Analyst Ratings

Trading Ideas

MRNA

Moderna Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index moved to the &#8220;Neutral&#8221; zone on Wednesday.
U.S. stocks settled higher on Wednesday, with the Dow Jones index jumping more than 1,500 points to a record closing level following the election of Donald Trump as the 47th U.S. president. The S&amp;P 500 also surged to an all-time high during the session.
On the economic data front, U.S. mortgage applications fell by 10.8% from the previous week in the week ended Nov. 1. U.S. crude oil inventories increased by 2.149 million barrels in the week ended Nov. 1, compared to market estimates of a 1.8 million gain. The Federal Reserve is scheduled to announce its policy decision today.
Shares of CVS Health Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVS#NYSE">CVS</a>) jumped more than 11% on Wednesday after the company reported third-quarter results. Johnson Controls International plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JCI#NYSE">JCI</a>) reported better-than-expected earnings for its fourth quarter on Wednesday.
Most sectors on the S&amp;P 500 closed on a positive note, with consumer discretionary, industrials, and financials stocks recording the biggest gains on Wednesday. However, consumer staples and real estate stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 1,508 points to 43,729.93 on Wednesday. The S&amp;P 500 gained 2.53% to 5,929.04, while the Nasdaq Composite jumped 2.95% to close at 18,983.46 during Wednesday's session.
Investors are awaiting earnings results from The Hershey Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HSY#NYSE">HSY</a>), Halliburton Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>), and Block, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 57.9, the index moved to the &#8220;Neutral&#8221; zone on Wednesday, versus a prior reading of 47.9.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/41776764/jim-cramer-this-financial-stock-is-a-buy-likes-broadcom">Jim Cramer: This Financial Stock Is A Buy, Likes Broadcom</a></li>
</ul>
Photo courtesy: Shutterstock

Dow Jumps Over 1,500 Points To A New High After Trump Win: Investor Sentiment Improves, Fear & Greed Index Moves To 'Neutral' Zone

Business Outlook1
For the fourth quarter of 2024, the Company expects revenue to be within a range of $230 million to $245 million. Non-GAAP operating margin is expected to be within a range of 0% to 4%.

ADTN

ADTRAN For Q4 Expects Revenue Of $230M-$245M Vs. $251.7M Consensus; And Adj. Operating Margin Of 0% To 4%

Full-year 2024 Financial Guidance Narrowed
<ul>
<li>Expected total product sales according to guidance between €160 million to €170&nbsp;million and currently anticipated total revenues between €170 million and €180 million</li>
<li>Expected R&amp;D investments between €65 million and €75 million</li>
<li>Expected Other income between €100 million and €110 million, including €95 million from the PRV sale</li>
<li>Launch of the world's first chikungunya vaccine in Canada and Europe underway; Further potential approvals expected in Brazil (Q4 2024) and the UK (Q1 2025);</li>
</ul>

VALN

Valneva Narrows Its 2024 Guidance: Now Expects Total Revenues Of €170M-€180M (Prior €170M-€190M), And R&D Investments Between €65M-€75M

Outlook
Positive free cash flow outlook in 2024 and beyond: FY 2024 capex is expected to be within the previously communicated guidance range ($4.5bn-$5.0bn). The Company expects the year to date investment in working capital to reverse by year end, supporting the outlook for free cash flow generation. The completion of the Company's strategic growth projects is expected to generate additional EBITDA and investable cash flow in the coming periods10,16. ArcelorMittal continues to optimize its decarbonization pathway to ensure that the Company can remain competitive and achieve an appropriate return on investment

ArcelorMittal Anticipates Positive Free Cash Flow In 2024, With Capex Expected To Stay Within The Guided Range Of $4.5B-$5.0B

Elon Musk&#8216;s rocket manufacturing company SpaceX said on Wednesday that it is planning the next and sixth flight of its <a href="https://www.benzinga.com/topic/starship">Starship launch vehicle</a> as early as Nov. 18.
What Happened: &#8220;As is the case with all developmental testing, the schedule is dynamic and likely to change, so be sure to check in here and stay tuned to our X account for updates,&#8221; the company said.
For the next test flight, the company aims to catch Starship&#8217;s booster back at the launch site as on the last flight and splash down the upper stage in the Indian Ocean.
The company said that future Starship vehicles, starting from the one planned for the seventh flight test, will feature &#8220;significant upgrades.&#8221; They will have redesigned forward flaps, larger propellant tanks, and the latest generation tiles and secondary thermal protection layers, it said. 
Past Flights: On Starship's <a href="https://www.benzinga.com/news/24/10/41317860/elon-musk-went-from-examining-debris-from-falcon-1-flight-to-spacex-successfully-catching-booster-of">fifth flight test in October</a>, it lifted off from Starbase, and the booster returned to Earth after propelling Starship to space. The booster was subsequently caught by the launch tower at Starbase.
The Starship, meanwhile, went on to space and splashed down on target in the Indian Ocean.
The recovery of the booster was a key objective of the flight test and demonstrated the reusability of the Starship's design. SpaceX is aiming to make the Starship a completely reusable spacecraft that can fly multiple times, thereby reducing the cost of spaceflight.
Why It Matters: Starship is key to NASA&#8217;s dreams of taking humans back to the surface of the Moon.
NASA&#8217;s Artemis 3 mission slated to launch no earlier than September 2026 is expected to enable humans to land back on the surface of the moon with the help of a lunar lander variant of the Starship spacecraft. The last time humans set foot on the Moon was in 1972&nbsp;<a href="https://www.benzinga.com/news/24/01/36692749/just-a-worse-version-of-apollo-elon-musk-baffled-by-nasa-veterans-push-to-ditch-spacex-blue-origin-a" target="_blank" rel="noreferrer noopener">with Apollo 17</a>. Since then, no crew has traveled beyond low-Earth orbit.
Musk, meanwhile, is eyeing <a href="https://www.benzinga.com/news/24/09/40770222/elon-musk-sets-2026-for-starships-first-uncrewed-mars-mission-targeting-successful-landing" target="_blank" rel="noreferrer noopener">taking humans to Earth&#8217;s neighboring planet Mars</a> aboard the Starship. In September, he said that the first Starship launch to Mars is expected in 2026 and that it will not have a crew on board.
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/news/24/11/41767169/spacex-completes-400th-successful-falcon-launch-to-date-but-will-miss-target-of-144-launches-in-2024">SpaceX Completes 400th Successful Falcon Launch To Date, But Will Miss Target Of 144 Launches In 2024, Says Company Exec</a></li>
</ul>
Photo courtesy: SpaceX

SPACE

Tech

SpaceX's Starship To Fly Again In Less Than 2 Weeks

A wave of concern is sweeping through the athletic footwear industry as Donald Trump&#8216;s proposed import tariffs threaten to significantly impact sneaker manufacturers and retailers. The potential policies could especially affect companies heavily <a href="https://www.benzinga.com/news/24/11/41795320/trumps-20-tariff-plans-could-unleash-wave-of-spending-on-big-ticket-buys-in-holiday-quarter-says-eco">dependent on Asian manufacturing hubs</a>.
What Happened: Industry leaders are bracing for impact after <a href="https://www.benzinga.com/news/large-cap/24/11/41774549/trumps-big-tech-policies-what-gop-victory-means-for-apple-google-microsoft">Trump proposed a 20% blanket tariff</a> on all imports and a steep 60% levy specifically on Chinese goods. The footwear sector, which already faces substantial import duties, could see production costs surge further.
Wall Street reflected these concerns as major athletic wear stocks declined. Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) fell 3.41%, while Adidas (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ADDYY#OTC">ADDYY</a>) dropped 3.62%. Under Armour (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAA#NYSE">UAA</a>) saw a 1.35% decrease, and VF Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFC#NYSE">VFC</a>), owner of Vans, declined 2.67%.
&#8220;It&#8217;s a huge headwind for the entire industry,&#8221; Brooks Running CEO Dan Sheridan <a href="https://finance.yahoo.com/news/starbucks-ceo-no-plans-to-move-hq-out-of-seattle-as-the-company-attempts-a-turnaround-214425009.html">told</a> Yahoo Finance, noting that footwear companies currently navigate a 20% tariff on Chinese imports and approximately 27% on Vietnamese goods.
Benzinga contacted several impacted companies but did not receive an immediate response.
See Also: <a href="https://www.benzinga.com/markets/equities/24/11/41795668/peter-schiff-says-cutting-taxes-is-easy-but-reducing-spending-not-so-simple-warns-of-inflation-s">Peter Schiff Says &#8216;Cutting Taxes Is Easy&#8217; But Reducing Spending Not So Simple, Warns Of Inflation Spike Under Trump</a>
Why It Matters: The industry&#8217;s vulnerability stems from its heavy reliance on Asian manufacturing hubs, including China, Vietnam, and Indonesia. Additional levies could force companies to either absorb higher costs or pass them on to consumers.
Trump&#8217;s proposed policies follow his election victory over Democrat Kamala Harris, where he secured 277 electoral votes and 51% of the popular vote, according to Associated Press figures.
Some companies showed resilience amid the market uncertainty. Puma (OTC:<a class="ticker" href="https://www.benzinga.com/stock/PMMAF#OTC">PMMAF</a>) gained 2.10%, while Deckers Outdoor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DECK#NYSE">DECK</a>), the parent company of Hoka One One, edged up 0.67%.
Read Next: 
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<li><a href="https://www.benzinga.com/news/24/11/41795320/trumps-20-tariff-plans-could-unleash-wave-of-spending-on-big-ticket-buys-in-holiday-quarter-says-eco">Trump&#8217;s 20% Tariff Plans Could Unleash Wave Of Spending On Big Ticket Buys In Holiday Quarter, Says Economist Justin Wolfers — &#8216;Already Hearing Anecdata&#8217;</a></li>
</ul>
Image generated using Dall-E
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Asia

Equities

ADDYY

DECK

PMMAF

Trump 2.0 A Sneaker Head's Nightmare? Your Next Pair Of Nikes Or Vans Could Cost A Pretty Penny: Here's Why

Adtran (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADTN#NASDAQ">ADTN</a>) reported quarterly losses of $(0.05) per share which missed the analyst consensus estimate of $0.00 by Infinity percent. This is a 72.22 percent increase over losses of $(0.18) per share from the same period last year. The company reported quarterly sales of $227.704 million which missed the analyst consensus estimate of $238.650 million by 4.59 percent. This is a 16.39 percent decrease over sales of $272.331 million the same period last year.

Adtran Q3 2024 Adj. EPS $(0.05) Misses $0.00 Estimate, Sales $227.704M Miss $238.650M Estimate

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BitFuFu (NASDAQ:<a href="https://investorplace.com/stock-quotes/fufu-stock-quote/">FUFU</a>) just reported results for the second quarter of 2024.<ul><li>BitFuFu reported earnings per share of 1 cent.</li><li>The company reported revenue of $129.42 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div>	The post <a href="https://investorplace.com/earning-results/2024/08/fufu-stock-earnings-bitfufu-for-q2-of-2024/">FUFU Stock Earnings: BitFuFu Reported Results for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

FUFU Stock Earnings: BitFuFu Reported Results for Q2 2024

BitFuFu (FUFU) has released an update. BitFuFu Inc. has reported a significant increase in total assets, from $210,033 thousand to $293,201 thousan...

BitFuFu Inc. Shows Strong Growth in 2024

BitFuFu: Cloud Mining Is Powering Growth

BitFuFu buys majority stake in mining facility in Ethopia

BitFuFu (FUFU) announced it has entered into a definitive agreement to acquire a majority stake in an 80-megawatt Bitcoin mining facility in Ethiop...

BitFuFu to acquire 80-MW Bitcoin mining facility in Ethiopia

BitFuFu buys majority stake in mining facility in Ethiopia

BitFuFu (FUFU) has released an update. BitFuFu Inc. is set to acquire an 80-megawatt Bitcoin mining facility in Ethiopia, marking its transition fr...

BitFuFu Expands with New Bitcoin Mining Facility

BitFuFu GAAP EPS of -$0.03, revenue of $90.3M

Bitfufu Inc. ( ($FUFU) ) has released its Q3 earnings. Here is a breakdown of the information Bitfufu Inc. presented to its investors. BitFuFu Inc....

BitFuFu Reports Strong Revenue Growth Amid Strategic Shifts

Kevin Dede, an analyst from H.C. Wainwright, has initiated a new Buy rating on BitFuFu (FUFU). Kevin Dede has given his Buy rating due to a combina...

BitFuFu's Strategic Advantages and Growth Initiatives Justify Buy Rating

BTDR

FUFU

FUFUW

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Leading Bitcoin Miner Has Its Eyes On The Future

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RIOT

BitFuFu Posts 70% Revenue Growth And Outlines Strategic Expansion – Company Expects Continued Growth Amid Market Volatility

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MARA

BitFuFu Q1 Earnings: Adjusted EBITDA Up 430.9% To $49.4 Million On Revenue Growth Of 149%, Cash Position Rises To $163.7 Million

Press Releases

BitFuFu to Attend Upcoming Investor Conferences in September

BitFuFu to Participate in TOKEN2049 Singapore

BitFuFu Recaps its Participation in the H.C. Wainwright 26th Annual Global Investment Conference

BitFuFu to Attend AIM Summit Dubai 2024

BitFuFu to Acquire 80-MW Bitcoin Mining Facility in Ethiopia

Acquisition Of 80-Megawatt Bitcoin Mining Facility Causes Massive Buying Pressure

BitFuFu Inc. to Report Third Quarter 2024 Unaudited Financial Results on November 5, 2024

BitFuFu Reports Unaudited Third Quarter 2024 Financial Results

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