Últimas noticias sobre PVH (NYSE:PVH) Bolsa

PVH designs and markets branded apparel in more than 40 countries. Its key fashion categories include men's dress shirts, ties, sportswear, underwear, and jeans. Its two designer brands, Calvin Klein and Tommy Hilfiger, now generate practically all its revenue after its recent disposition of most of its smaller brands. PVH operates e-commerce sites and about 1,500 stores, licenses its brands to third parties, and distributes its merchandise through department stores and other wholesale accounts. The firm traces its history to 1881 and is based in New York City.

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ILMN

China ha agregado a Illumina a su lista de entidades no confiables, afectando sus acciones. Descubre qué esperar de sus próximos resultados.

Acciones de Illumina (ILMN) caen tras ser incluida en la lista negra de China

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GOOG

GOOGL

China sancionó a Illumina y PVH, provocando caídas en sus acciones. Descubre el impacto en la guerra comercial y el mercado global.

China sanciona a Illumina y PVH: impacto inmediato en sus acciones y el mercado

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AAPL

SCSC

XWEL

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este martes: SCSC, XWEL, PVH, AAPL y JWN.

5 acciones en el foco este martes: SCSC, XWEL, PVH, AAPL y JWN

PVH Corp

Providing a diverse range of perspectives from bullish to bearish, 9 analysts have published ratings on PVH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) in the last three months.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">3</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated PVH and provided 12-month price targets. The average target is $113.33, accompanied by a high estimate of $144.00 and a low estimate of $95.00. Observing a downward trend, the current average is 10.13% lower than the prior average price target of $126.11. 
<img src="https://www.benzinga.com/files/images/story/2025/1741122058_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The analysis of recent analyst actions sheds light on the perception of PVH by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brooke Roach</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Buy</td>
<td>$109.00</td>
<td>$128.00</td>
</tr>
<tr>
<td>Adrienne Yih</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$98.00</td>
<td>$144.00</td>
</tr>
<tr>
<td>Ike Boruchow</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$105.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Ashley Helgans</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Hold</td>
<td>$101.00</td>
<td>$104.00</td>
</tr>
<tr>
<td>Matthew Boss</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$113.00</td>
<td>$149.00</td>
</tr>
<tr>
<td>Kimberly Greenberger</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$95.00</td>
<td>$103.00</td>
</tr>
<tr>
<td>Adrienne Yih</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$144.00</td>
<td>$142.00</td>
</tr>
<tr>
<td>Robert Drbul</td>
<td>Guggenheim</td>
<td>Raises</td>
<td>Buy</td>
<td>$125.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$130.00</td>
<td>$130.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to PVH. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of PVH compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of PVH's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of PVH's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/PVH/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on PVH analyst ratings.</a>
<h2>Unveiling the Story Behind PVH</h2>
PVH designs and markets branded apparel in more than 40 countries. Its key fashion categories include men's dress shirts, ties, sportswear, underwear, and jeans. Its two designer brands, Calvin Klein and Tommy Hilfiger, now generate practically all its revenue after its recent disposition of most of its smaller brands. PVH operates e-commerce sites and about 1,500 stores, licenses its brands to third parties, and distributes its merchandise through department stores and other wholesale accounts. The firm traces its history to 1881 and is based in New York City.
<h3>Breaking Down PVH's Financial Performance</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Negative Revenue Trend: Examining PVH's financials over 3 months reveals challenges. As of 31 October, 2024, the company experienced a decline of approximately -4.56% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 5.85%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): PVH's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 2.52%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): PVH's ROA stands out, surpassing industry averages. With an impressive ROA of 1.17%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: PVH's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.66.
<h2>Analyst Ratings: Simplified</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

The Analyst Verdict: PVH In The Eyes Of 9 Experts

China has banned imports of genetic sequencers from Illumina Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>), just minutes after U.S. President Donald Trump&#8217;s additional 10% tariff on Chinese goods took effect.
China hit back at Trump's recent tariff hikes by placing its own tariffs on certain U.S. goods, sanctioning American companies, and planning to file a complaint with <a href="https://www.benzinga.com/news/25/03/44102063/china-strikes-back-at-trumps-tariffs-with-retaliatory-duties-us-company-sanctions-and-wto-showdown" target="_blank" rel="noreferrer noopener">the World Trade Organization</a>.
Beijing has imposed a 15% tax on American poultry, wheat, corn, and cotton in response to the U.S. doubling tariffs on Chinese products. A 10% tariff will also apply to soybeans, pork, beef, and other food items.
Also Read: <a target="_blank" href="https://www.benzinga.com/government/regulations/25/02/43462165/china-strikes-retaliatory-measures-against-us-following-trumps-10-tariffs-its-much-less-than-proportional-analyst-says" rel="noreferrer noopener">China Strikes Retaliatory Measures Against US Following Trump&#8217;s 10% Tariffs: It&#8217;s &#8216;Much-Less Than Proportional,&#8217; Analyst Says</a>

China accounted <a target="_blank" href="https://s24.q4cdn.com/526396163/files/doc_earnings/2024/q4/generic/Summary-of-Prepared-Remarks-2024-Q4.pdf" rel="noreferrer noopener">for</a> about 7% of Illumina's <a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/n43544682/illumina-reports-financial-results-for-fourth-quarter-and-fiscal-year-2024" rel="noreferrer noopener">sales of $4.3 billion</a> in 2024. The ban takes effect immediately.
Benzinga emailed Illumina to provide a statement/comment on the move.
Sequencing is used in molecular biology to study genomes and the proteins they encode to identify associations with diseases, phenotypes, and potential drug targets.
Sales from China fell 20% year over year to $308 million in 2024.
In February, the Chinese Ministry of Commerce added Illumina and Calvin Klein owner PVH Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) to its list of unreliable entities amid the ongoing <a target="_blank" href="https://www.benzinga.com/news/events/25/02/43455326/illumina-stock-tumbles-nearly-5-overnight-on-robinhood-as-china-adds-ilmn-calvin-klein-owner-pvh-to-u" rel="noreferrer noopener">trade war with the U.S</a>.
China claimed the two companies had disrupted normal market transactions and tried to harm the legitimate rights and interests of Chinese enterprises.
According to the Ministry&#8217;s <a target="_blank" href="http://en.people.cn/n3/2025/0304/c90000-20284320.html" rel="noreferrer noopener">statement</a>, the measure was introduced to safeguard national sovereignty, security, and development interests and is in accordance with relevant laws and regulations.
Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2025-03-04/china-bans-imports-of-illumina-dna-sequencing-machines?sref=TBDibEcD" rel="noreferrer noopener">noted</a> that with China banning new Illumina machines, the company is expected to lose more market share. Its addition to Beijing's blacklist has already sparked competition, with Chinese rivals pushing customers to switch to their products.
Following the ban, shares of Chinese gene-sequencing firms surged on Tuesday. MGI Tech Co. led the rally, rising 20% to its highest level since December 2023.
Price Action: ILMN stock is down 2.14% at $82.39 in early trading at the last check on Tuesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/management/25/03/44103926/grocery-giant-albertsons-names-susan-morris-as-new-ceo" target="_blank" rel="noreferrer noopener">Grocery Giant Albertsons Names Susan Morris As New CEO</a></li>
</ul>
Image via Shutterstock

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General

US Firm Illumina Faces Setback as China Blocks Imports Amid Escalating Trade War

Goldman Sachs analyst Brooke Roach maintains PVH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) with a Buy and lowers the price target from $128 to $109.

Price Target

Goldman Sachs Maintains Buy on PVH, Lowers Price Target to $109

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/28/25</td>
<td>$300.00</td>
<td>$29.1K</td>
<td>21.1K</td>
<td>86.4K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$215.00</td>
<td>$28.5K</td>
<td>7.0K</td>
<td>3.2K</td>
</tr>
<tr>
<td>LGIH</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$100.00</td>
<td>$140.0K</td>
<td>2.3K</td>
<td>1.1K</td>
</tr>
<tr>
<td>BROS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$75.00</td>
<td>$260.0K</td>
<td>1.6K</td>
<td>901</td>
</tr>
<tr>
<td>PENN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$21.00</td>
<td>$31.6K</td>
<td>137</td>
<td>772</td>
</tr>
<tr>
<td>DKNG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$28.00</td>
<td>$105.9K</td>
<td>5.4K</td>
<td>732</td>
</tr>
<tr>
<td>PVH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$75.00</td>
<td>$75.8K</td>
<td>1.9K</td>
<td>323</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$150.00</td>
<td>$423.7K</td>
<td>18.5K</td>
<td>299</td>
</tr>
<tr>
<td>PLNT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$95.00</td>
<td>$26.4K</td>
<td>744</td>
<td>260</td>
</tr>
<tr>
<td>CPRI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$17.50</td>
<td>$40.1K</td>
<td>1.1K</td>
<td>236</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on February 28, 2025. This event was a transfer of 37 contract(s) at a $300.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $29.1K, with a price of $790.0 per contract. There were 21136 open contracts at this strike prior to today, and today 86412 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a call option trade with bearish sentiment. It expires in 24 day(s) on March 21, 2025. Parties traded 75 contract(s) at a $215.00 strike. The total cost received by the writing party (or parties) was $28.5K, with a price of $380.0 per contract. There were 7042 open contracts at this strike prior to today, and today 3227 contract(s) were bought and sold. 
• Regarding LGIH (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGIH#NASDAQ">LGIH</a>), we observe a call option trade with bearish sentiment. It expires in 80 day(s) on May 16, 2025. Parties traded 1000 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $140.0K, with a price of $140.0 per contract. There were 2348 open contracts at this strike prior to today, and today 1122 contract(s) were bought and sold. 
• For BROS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>), we notice a put option sweep that happens to be bearish, expiring in 24 day(s) on March 21, 2025. This event was a transfer of 500 contract(s) at a $75.00 strike. This particular put needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $260.0K, with a price of $520.0 per contract. There were 1649 open contracts at this strike prior to today, and today 901 contract(s) were bought and sold. 
• For PENN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>), we notice a call option sweep that happens to be bearish, expiring in 24 day(s) on March 21, 2025. This event was a transfer of 266 contract(s) at a $21.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $31.6K, with a price of $119.0 per contract. There were 137 open contracts at this strike prior to today, and today 772 contract(s) were bought and sold. 
• Regarding DKNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>), we observe a put option sweep with bearish sentiment. It expires in 325 day(s) on January 16, 2026. Parties traded 732 contract(s) at a $28.00 strike. This particular put needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $105.9K, with a price of $145.0 per contract. There were 5427 open contracts at this strike prior to today, and today 732 contract(s) were bought and sold. 
• Regarding PVH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>), we observe a put option sweep with bearish sentiment. It expires in 24 day(s) on March 21, 2025. Parties traded 323 contract(s) at a $75.00 strike. This particular put needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $75.8K, with a price of $235.0 per contract. There were 1962 open contracts at this strike prior to today, and today 323 contract(s) were bought and sold. 
• Regarding BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we observe a call option trade with bullish sentiment. It expires in 689 day(s) on January 15, 2027. Parties traded 150 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $423.7K, with a price of $2825.0 per contract. There were 18591 open contracts at this strike prior to today, and today 299 contract(s) were bought and sold. 
• Regarding PLNT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLNT#NYSE">PLNT</a>), we observe a put option sweep with bearish sentiment. It expires in 24 day(s) on March 21, 2025. Parties traded 49 contract(s) at a $95.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $26.4K, with a price of $540.0 per contract. There were 744 open contracts at this strike prior to today, and today 260 contract(s) were bought and sold. 
• Regarding CPRI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPRI#NYSE">CPRI</a>), we observe a put option sweep with bullish sentiment. It expires in 325 day(s) on January 16, 2026. Parties traded 200 contract(s) at a $17.50 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $40.1K, with a price of $201.0 per contract. There were 1138 open contracts at this strike prior to today, and today 236 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AMZN

BABA

BROS

CPRI

DKNG

LGIH

PENN

PLNT

TSLA

10 Consumer Discretionary Stocks Whale Activity In Today's Session

The &#8220;tariff man&#8221; is back, with President Donald Trump renewing his trade war impulses. So far he&#8217;s threatened tariffs on Canada, Mexico, China, on all steel and aluminum imports. While Trump has relented, for now, on Canada and Mexico tariffs, the China tariffs have gone into effect, and China has responded in kind.
American companies do billions of dollars of business with China every year, and Chinese imports make up a considerable chunk of goods in the electronics, apparel, semiconductor, furniture, and toy industries here in the United States.
However, some companies have more pricing power than others. Firms with tight margins, ample competing substitutions, or inelastic demand may face consumer pushback on price increases.&nbsp;
Here are the five stocks that will suffer the most in a trade war with China.
Now, tariffs are simply import taxes charged on goods as they arrive at the border. A common misconception is that the exporting country pays tariffs, but tariffs are actually paid by the company importing the product as it crosses the border. Charging tariffs to the exporter would create a cluster headache as the government would be forced to collect taxes in various currencies; instead, the tax is charged to the imports and collected in US dollars.
Both left- and right-leaning economists agree that consumers eventually bear the tariff burden as companies pass on the cost increases to their customers. The companies that can least shift the burden to consumers that way are the ones that will suffer the most from tariffs.
<h2 class="wp-block-heading">Hasbro Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>)</h2>
Thankfully, the holiday season has come and gone because toys and games could be getting more expensive in the next few months. Hasbro is a 100-year-old entertainment holding company that owns popular brands like Milton Bradley, Parker Bros, and Wizards of the Coast. The company makes popular games like Twister, Battleship, and Monopoly, along with toy lines like Nerf, Transformers, Power Rangers, GI Joe, and Play-Doh.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="319" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153651/HAS-1024x319.png" alt="" class="wp-image-775290" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153651/HAS-1024x319.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153651/HAS-300x93.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153651/HAS-768x239.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153651/HAS.png 1247w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Hasbro is on our sell list over rival Mattel due to its heavy reliance on Chinese factories to produce its goods, despite attempts to shift production to India or Vietnam over the last few years. Gross profits have been in annual decline since 2021, and while analysts are still primarily bullish, cracks are beginning to form. In January, Stifel cut its price target on HAS shares from $82 to $77.
<h2 class="wp-block-heading">PDD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>)</h2>
PDD Holdings is the United States equity of Chinese retail conglomerate Pinduoduo, which operates the discount merchandiser Temu. If you have a social media account, you've likely seen ads for Temu, which offers incredibly low pricing on a variety of merchandise, including clothes, sports jerseys, handbags, and other apparel.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="319" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153657/PDD-1024x319.png" alt="" class="wp-image-775291" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153657/PDD-1024x319.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153657/PDD-300x93.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153657/PDD-768x239.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153657/PDD.png 1247w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Temu is one of the companies that will be heavily impacted by the decision to remove the de minimus exemption on packages arriving from China or Hong Kong. The exemption calls for a refrain from duties and taxes on merchandise received at the border valued under $800, which would describe nearly all the orders arriving on US shores from Chinese retailers like Temu. (Note: Trump reversed the exemption decision late Friday.) Retaliatory tariffs are expected from China as well, and analysts from JP Morgan, Benchmark, and Jeffries have all reduced their PDD price targets since election day in the US.
<h2 class="wp-block-heading">Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)</h2>
Even megacap tech stocks like Apple aren't safe from broad tariffs, especially considering how reliant the iPhone maker is on Chinese sales. And while putting a $3.5 trillion company on a sell list might seem bold, Apple has been under the microscope for the last few months. AAPL shares had a solid 2024 run, jumping from $165 in April to $260 by Christmas. But the company has started 2025 stuck in molasses, and shares are already down more than 8% year-to-date.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="319" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153703/AAPL-1024x319.png" alt="" class="wp-image-775292" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153703/AAPL-1024x319.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153703/AAPL-300x93.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153703/AAPL-768x239.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153703/AAPL.png 1247w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Chinese iPhone sales are the obvious cause for concern. During its recent earnings release, Apple reported that iPhone sales in China declined 18% in Q4 2024, while competitor Huawei saw a more than 15% bump in smartphone sales in the same period. Apple may be forced to offer new discounts on iPhones to restore sales growth, and the looming threat of tariff retaliation could put even more pressure on Tim Cook's tech giant.
<h2 class="wp-block-heading">PVH Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>)</h2>
PVH has been dropping like a stone since cracking the $140 mark in December. The $140 price was the highest in over six years for PVH, but headwinds have rapidly materialized for the beleaguered apparel maker.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="319" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153708/PVH-1024x319.png" alt="" class="wp-image-775293" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153708/PVH-1024x319.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153708/PVH-300x93.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153708/PVH-768x239.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153708/PVH.png 1247w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
These tariffs will significantly impact production as PVH has 128 factories in China, 40 more than the next closest hub in Vietnam. The company has manufacturing locations in more than 30 nations, but the Chinese manufacturing output is crucial due to the high quantity of skilled workers employed. Nearshoring or reshoring wouldn't resolve this labor issue, and high-quality PVH brands like Calvin Klein and Tommy Hilfiger should see the most significant price increases.
To make matters worse, China's Ministry of Commerce has now added PVH to its unreliable entities list and claims its practices "interfered with the operations of Chinese companies." Analysts at Wells Fargo agree with the concerns as they downgraded the stock from Overweight to Equal Weight last week and dropped their price target from $130 to $105.
<h2 class="wp-block-heading">Under Armour Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UA#NYSE">UA</a>)</h2>
Under Armour makes sports apparel and footwear, and its strong manufacturing presence in China has placed it squarely in the crosshairs of a trade war. UA executives have warned about pressure from tariffs since Donald Trump's election night victory. Under Armour has stated that only 15% of its production remains in China, but the company's tight margins and competition could spell problems for its bottom line.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="319" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153713/UA-1024x319.png" alt="" class="wp-image-775294" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153713/UA-1024x319.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153713/UA-300x93.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153713/UA-768x239.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10153713/UA.png 1247w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
UA beat on earnings and revenue in the most recent February 6 conference call, but disappointing guidance sent shares tumbling. The stock lost more than 6.5% in the week of the earnings release as investors digested the guidance figures and tariff threats. No analyst covering the stock has updated their coverage since June 2024, but UA stock is clearly facing some serious headwinds as 2025 rolls along.
More Stocks to Watch: <a href="https://www.benzinga.com/premium/ideas/benzinga-edge/?el=ResearchDaily&amp;he={{email}}&amp;adt_ei={{email}}&amp;utm_adType=SponsorAd&amp;utm_ad=RD0211&amp;utm_campaign=wallstreetadvantage">Five Under-Followed Stocks With Potential to Move This Week</a>
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Barclays analyst Adrienne Yih maintains PVH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) with a Overweight and lowers the price target from $144 to $98.

Barclays Maintains Overweight on PVH, Lowers Price Target to $98

President Donald Trump signed Tuesday a directive restoring his "maximum pressure" sanctions campaign on Iran and doubled down on his trade stance with China, dismissing Beijing's <a href="https://www.benzinga.com/government/regulations/25/02/43462165/china-strikes-retaliatory-measures-against-us-following-trumps-10-tariffs-its-much-less-than-proportional-analyst-says">retaliatory tariffs as "fine."</a>
Speaking at the Oval Office, Trump signed a memorandum aimed at ramping up economic and political pressure on Iran by reviving sanctions that were previously imposed during his first term.
<h3 class="wp-block-heading">Trump Signs ‘Very Tough' Iran Sanctions Order</h3>
Framing the policy as a direct response to Tehran's nuclear ambitions and support for militant groups, Trump said the directive would have prevented the Oct. 7 Hamas attack on Israel and said Iran is now "too close" <a href="https://www.benzinga.com/economics/macro-economic-events/25/02/43469234/trump-prepares-maximum-pressure-on-iran-oil-jumps-above-73-energy-stocks-rally">to developing nuclear weapons.</a>
The sanctions are designed to curb Iran's nuclear program and limit its influence across the region. 
Trump left the door open for diplomacy. "We will see whether or not we can arrange or work out a deal with Iran and everybody can live together," he said. "Maybe that's possible, maybe it's not."
When asked about Iran's nuclear program, Trump insisted that preventing Tehran from developing a nuclear weapon remains his top priority.
"With me, it's very simple. Iran cannot have a nuclear weapon," he said. "We don't want to be tough on Iran. We don't want to be tough on anybody. But they just can't have a nuclear weapon."
He also addressed concerns that Iran and its allied militias could target him or his former officials in retaliation for the U.S. killing of Iranian General Qassem Soleimani in 2020. "If they did that, they would be obliterated," Trump said. "That would be the end."
Trump said he&#8217;s left clear instructions for how the U.S. should respond to any such attack. "I've left instructions. If they do it, they get obliterated. There won't be anything left," he said.
<h3 class="wp-block-heading">Trump Doubles Down On China</h3>
Despite the escalating trade tensions, Trump brushed off concerns about China's response. 
"That's fine," he said. "We're going to do very well against China and against everybody else."
Beijing responded to Trump's latest 10% tariff on Chinese imports with its own countermeasures, imposing new tariffs of 10%-15% on select U.S. goods, including coal, liquefied natural gas, crude oil, agricultural machinery and vehicles.
&#8220;They&#8217;ve taken advantage of the Biden administration like I&#8217;ve never seen. The deficit with China is about a trillion dollars, they&#8217;re using our money to build their military,&#8221; Trump stated.
When asked whether he had spoken to Chinese President Xi Jinping or planned to negotiate a resolution, Trump was noncommittal.
"We'll speak to him at the appropriate time," he said. "I'm in no rush."
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Photo via Shutterstock.

Asia

Commodities

Global

Tech

Trump Confirms Maximum Economic Pressure On Iran, Calls China's Tariff Retaliation 'Fine'

U.S. stocks advanced midday Tuesday, demonstrating resilience despite escalating geopolitical tensions and trade uncertainties between the <a href="https://www.benzinga.com/news/econ-s">world&#8217;s two largest economies.</a>
China responded to President Donald Trump&#8216;s 10% import tariff with targeted countermeasures, including restrictions on key mineral exports to the U.S. and tariffs on American energy products.
Beijing is raising tariffs by 10%-15% on select U.S. imports, including coal, liquefied natural gas, crude oil, agricultural machinery and vehicles. Additionally, China added PVH Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) and Illumina Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>) to its &#8220;Unreliable Entity List,&#8221; citing the need to &#8220;safeguard national sovereignty, security, and development interests,&#8221; and opened an antitrust investigation on Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>).
Market participants had anticipated a call between Trump and Chinese President Xi Jinping on Tuesday, but media reports indicated the conversation would not happen today.
The trade developments had an immediate impact on oil markets, with West Texas Intermediate crude futures plunging 3% overnight to as low as $70 per barrel. 
Yet, prices rebounded sharply Tuesday morning following reports that Trump is considering issuing a memorandum aimed at inflicting <a href="https://www.benzinga.com/economics/macro-economic-events/25/02/43469234/trump-prepares-maximum-pressure-on-iran-oil-jumps-above-73-energy-stocks-rally">maximum economic damage on Iran</a>, potentially leading to a sharp decline in Iranian oil production.
Energy stocks outperformed on the day, while utilities lagged. 
Among individual stocks, Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) rocketed 22% after posting strong earnings and a revenue beat. 
In the commodities market, gold added more than 1%, extending its all-time high, and silver jumped 2.2%. Meanwhile, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) declined 2% to $99,000.
<h1 class="wp-block-heading">Tuesday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day % chg</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,281.54</td>
<td>1.0%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,495.31</td>
<td>0.9%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,029.97</td>
<td>0.6%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,501.00</td>
<td>0.2%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:55 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent020325&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;rose 0.5% to $600.53.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) inched 0.1% higher to $444.77.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;rose 0.9% to $522.81.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rallied 1.1% to $226.80.</li>
<li>The&nbsp;Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) outperformed, up 1.9%; the&nbsp;Utilities Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) lagged, down 0.8%.</li>
</ul>
<h1 class="wp-block-heading">Tuesday&#8217;s Stock Movers</h1>
Stocks reacting to earnings report included: 
<ul>
<li>Pfizer Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>): down 1.53%</li>
<li>PepsiCo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>): down 4.43%</li>
<li>Merck &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>): down 10.49%</li>
<li>PayPal Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>): down 11.57%</li>
<li>Archer-Daniels-Midland Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADM#NYSE">ADM</a>): down 3.58%</li>
<li>KKR &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KKR#NYSE">KKR</a>): down 7.90%</li>
<li>Cummins Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMI#NYSE">CMI</a>): up 3.81%</li>
<li>Enterprise Products Partners L.P. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPD#NYSE">EPD</a>): down 0.99%</li>
<li>Marathon Petroleum Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPC#NYSE">MPC</a>): up 5.85%</li>
<li>Estee Lauder Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EL#NYSE">EL</a>): down 16.35%</li>
<li>Apollo Global Management Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>): down 2.78%</li>
<li>Fox Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>): up 4.00%</li>
<li>Ametek Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AME#NYSE">AME</a>): down 1.00%</li>
<li>Xylem Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XYL#NYSE">XYL</a>): up 5.85%</li>
<li>Ferrari NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RACE#NYSE">RACE</a>): up 7.62%</li>
<li>Spotify Technology SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>): up 10.46%</li>
<li>Regeneron Pharmaceuticals Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REGN#NASDAQ">REGN</a>): up 4.71%</li>
<li>Jacobs Solutions Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/J#NYSE">J</a>): down 2.72%</li>
<li>Aramark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARMK#NYSE">ARMK</a>): down 1.51%</li>
<li>Gartner Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IT#NYSE">IT</a>): up 0.77%</li>
<li>Centene Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNC#NYSE">CNC</a>): down 3.41%</li>
<li>Atkore Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATKR#NYSE">ATKR</a>): down 20.50%</li>
<li>Berry Global Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BERY#NYSE">BERY</a>): up 4.15%</li>
<li>WEC Energy Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>): down 1.52%</li>
<li>Hubbell Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBB#NYSE">HUBB</a>): down 0.55%</li>
<li>TransDigm Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDG#NYSE">TDG</a>): down 1.60%</li>
<li>Graphic Packaging Holding Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPK#NYSE">GPK</a>): down 1.76%</li>
<li>CNH Industrial NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNHI#NYSE">CNHI</a>): up 1.71%</li>
<li>Ingredion Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INGR#NYSE">INGR</a>): down 6.12%</li>
<li>ATI Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATI#NYSE">ATI</a>): up 7.02%</li>
<li>Ball Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BALL#NYSE">BALL</a>): down 8.03%</li>
<li>Lancaster Colony Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LANC#NASDAQ">LANC</a>): up 9.27%</li>
<li>Premier Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PINC#NASDAQ">PINC</a>): down 15.36%</li>
<li>MPLX LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPLX#NYSE">MPLX</a>): up 2.92%</li>
<li>Oaktree Specialty Lending Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OCSL#NASDAQ">OCSL</a>): down 3.42%</li>
<li>PJT Partners Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PJT#NYSE">PJT</a>): up 12.77%</li>
<li>Energizer Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENR#NYSE">ENR</a>): down 4.45%</li>
<li>Silicon Laboratories Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLAB#NASDAQ">SLAB</a>): down 1.05%</li>
<li>Hamilton Lane Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HLNE#NASDAQ">HLNE</a>): down 0.01%</li>
<li>Madison Square Garden Sports Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSGS#NYSE">MSGS</a>): down 3.74%</li>
<li>Pentair Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNR#NYSE">PNR</a>): down 1.89%</li>
<li>Amcor Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMCR#NYSE">AMCR</a>): up 3.87%</li>
<li>Inmode Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INMD#NASDAQ">INMD</a>): up 2.82%</li>
<li>Willis Towers Watson Plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTW#NASDAQ">WTW</a>): down 3.54%</li>
<li>Axalta Coating Systems Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXTA#NYSE">AXTA</a>): up 7.86%</li>
<li>Mesa Laboratories Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLAB#NASDAQ">MLAB</a>): up 10.48%</li>
</ul>
Major companies reporting their earnings after the close are Alphabet Inc., Amgen Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMGN#NASDAQ">AMGN</a>), Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Mondelez International Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDLZ#NASDAQ">MDLZ</a>), Chipotle Mexican Grill Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>), Electronic Arts Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>), Prudential Financial Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>), Simon Property Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPG#NYSE">SPG</a>), Atmos Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATO#NYSE">ATO</a>), Aspen Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZPN#NASDAQ">AZPN</a>), Carlisle Cos. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CSL#NYSE">CSL</a>), Fair Isaac Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FICO#NYSE">FICO</a>), Jack Henry &amp; Associates Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JKHY#NASDAQ">JKHY</a>), Idex Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IEX#NYSE">IEX</a>) and Enphase Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>).
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US Stocks Rise Despite China's Trade Fears, Palantir Defies Gravity, Gold Rallies Further: What's Driving Markets Tuesday?

PVH Corp. Gives Update On Investigation By China's Ministry Of Commerce; Says China's Ministry Of Commerce Adds PVH To List Of Unreliable Entities

Illumina, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>) shares are trading lower on Tuesday after China added the company to its <a href="https://www.benzinga.com//node/43457639">unreliable entities list</a>.
The Details: According to Reuters, the Ministry of Commerce placed Illumina as well as PVH Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) on its unreliable entities list after the companies took &#8220;discriminatory measures against Chinese enterprises.&#8221; Furthermore, the companies, &#8220;damaged&#8221; the rights and interests of Chinese corporations. 
Since the companies have been added to the list, China may impose fines, revoke work permits for foreign staff, or take other punitive actions. China makes up approximately 7% of Illumina&#8217;s sales.
Li Yong, a senior research fellow at the China Association of International Trade, told the <a href="https://www.globaltimes.cn/page/202502/1327821.shtml">Global Times</a>, &#8220;When China adds any company to the Unreliable Entity List, it is very prudent and would not add any company to the list without evidence.&#8221;
What Else: Illumina is anticipated to release 2024 fiscal-year fourth-quarter earnings on Thursday after the market closes. Analysts estimate earnings per share of 92 cents and revenue of $1.08 billion, per data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
In its preliminary earnings report, the company approximated revenue of $1.10 billion and earnings per share between 91 cents and 93 cents. Furthermore, the company announced cash flow from operations of about $1.21 billion and free cash flow of approximately $1.07 billion.
Related Link: <a href="https://www.benzinga.com/startups/25/02/43463099/donald-trumps-25-tariff-plan-only-tough-measures-will-level-the-playing-field-kevin-oleary-explains-the-strategy">Donald Trump&#8217;s 25% Tariff Plan: &#8216;Only Tough Measures Will Level the Playing Field&#8217; – Kevin O&#8217;Leary Explains the Strategy</a>
ILMN Price Action: At the time of writing Illumina stock is trading 5.14% lower at $124.36, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: via Shutterstock

What's Going On With Illumina Stock Tuesday?

Market Summary

Benzinga Market Summary: US Pauses Canada Tariffs, China Imposes Tariffs And Adds Two US Companies To 'Unreliable Entity List' Amid Trade Tensions, Palantir Rises Over 26% On Strong Guidance

China responds to the across-the-board 10% tariffs imposed by Donald Trump&#8216;s administration with targeted measures on a range of U.S. energy imports and restrictions on key minerals exports, officially reopening a new chapter in the trade war between the <a href="https://www.benzinga.com/news/econ-s">world&#8217;s two largest economies.</a>
&#8220;The unilateral increase in tariffs by the United States seriously violates the rules of the World Trade Organization,&#8221; the Ministry of Finance of the People&#8217;s Republic of China stated Tuesday. 
<h3 class="wp-block-heading">What Happened</h3>
As the U.S. implemented a 10% tariff on all Chinese imports, China responded on Feb. 4 with a series of countermeasures.
These included:
<ol>
<li>Raising tariffs by 10-15% on certain U.S. imports such as coal, liquified natural gas, crude oil, agricultural machinery and vehicles.</li>
<li>Imposing export restrictions on key minerals like tungsten, tellurium, bismuth, molybdenum, and indium, along with their related metallic compounds.</li>
<li>Adding two U.S. companies, PVH Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) and Illumina Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>), to its Unreliable Entity List in order to &#8220;safeguard national sovereignty, security and development interests.&#8221; According to China, these companies &#8220;violated the principles of normal market transactions, interrupted normal transactions with Chinese enterprises, and took discriminatory measures against Chinese enterprises.&#8221;&nbsp;</li>
<li>Initiating an antitrust investigation into Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>).</li>
</ol>
According to an official statement, China&#8217;s retaliatory tariffs on U.S. goods will take effect on Feb. 10, while the export ban on critical minerals has already been enforced.
The&nbsp;Executive Order&nbsp;signed by Trump on Feb. 1 stated that if China were to retaliate by imposing additional tariffs on US goods, the 10% tariff rate might be raised further.&nbsp;
<h3 class="wp-block-heading">Why It Matters</h3>
Goldman Sachs economist Andrew Tilton indicates that China&#8217;s newly announced retaliatory tariffs cover a much narrower range of goods compared to the broad 10% U.S. tariff on Chinese imports. 
The combination of tariffs, export restrictions, entity list designations and antitrust investigations suggests a more strategic and coordinated policy response than during the 2018-19 trade war, according to the expert.
Goldman Sachs&#8217; estimates indicate that the U.S. accounts for a relatively small share of China&#8217;s imports in the targeted energy sectors. In 2024, China imported $4.5 billion worth of coal and LNG from the U.S., representing just 5% of its total imports for these products. For crude oil, U.S. exports to China totaled $9.4 billion, making up only 3% of China&#8217;s total crude imports.
Based on the investment bank&#8217;s calculations, the impact of China&#8217;s counter tariffs is &#8220;much-less than proportional,&#8221; as China is effectively imposing an additional 12% tariff on $14 billion in U.S. goods, compared to the U.S. implementing a 10% tariff on $525 billion worth of Chinese products.
Yet, &#8220;the future path of US-China trade conflicts remains highly uncertain, and reactions from the US to China's retaliation, the potential Trump-Xi phone call, and PBOC&#8217;s daily USDCNY fixing in the coming days are key events to watch,&#8221; Tilton says. 
<h3 class="wp-block-heading">Market Reactions </h3>
The Chinese yuan gained marginal ground against the U.S. dollar on Tuesday, up 0.2% by 8:15 a.m. in New York. 
China&#8217;s trade measures weighed on energy commodities, with futures on WTI and natural gas down 1.7% and 4%, respectively. Gold prices rose 0.3% to $2,830 per ounce, setting new all-time highs. 
Futures on major U.S. indices were mixed during Tuesday premarket trading, with contracts on the S&amp;P 500 up 0.3% while those on the Dow edging 0.1% lower. 
US-listed Chinese stocks rallied in the premarket. Shares of Alibaba Group Holding Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) rose 2%, PDD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) surged 2.1% and JD.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) rallied 2.6%. 
The iShares China Large-Cap ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXI#NYSE">FXI</a>) was 1.8% higher. 
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Equities

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China Strikes Retaliatory Measures Against US Following Trump's 10% Tariffs: It's 'Much-Less Than Proportional,' Analyst Says

U.S. stock futures were mostly lower this morning, with the Dow futures falling around 100 points on Tuesday.
Shares of PayPal Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>) fell sharply in today's pre-market trading following <a href="https://www.benzinga.com/quote/PYPL/earnings">fourth-quarter earnings</a>.
PayPal reported quarterly earnings of $1.19 per share which beat the analyst consensus estimate of $1.12 per share. The company reported quarterly sales of $8.366 billion which beat the analyst consensus estimate of $8.256 billion.
PayPal's board also authorized a $15 billion stock repurchase program.
PayPal shares fell 6.8% to $83.38 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Merck &amp; Co., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>) fell 8.4% to $91.42 in pre-market trading after the company issued 2025 sales guidance below analyst estimates.</li>
<li>The Estée Lauder Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EL#NYSE">EL</a>) shares fell 7.1% to $76.88 in pre-market trading after the company issued weak third-quarter guidance.</li>
<li>Fabrinet (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FN#NYSE">FN</a>) fell 6.9% to $209.97 in pre-market trading after the company reported second-quarter financial results..</li>
<li>UBS Group AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>) fell 6.1% to $32.81 in pre-market trading. UBS Group reported stronger-than-expected earnings for its fourth quarter and disclosed a share buyback program of up to $3 billion.</li>
<li>Ponce Financial Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDLB#NASDAQ">PDLB</a>) declined 5.3% to $12.61 in pre-market trading.</li>
<li>Illumina, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>) shares dipped 5.2% to $124.31 in pre-market trading after the Chinese Ministry of Commerce added the company, along with Calvin Klein owner PVH Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) to the unreliable entities list amid the ongoing trade war with the U.S.</li>
<li>Oruka Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORKA#NASDAQ">ORKA</a>) fell 4.7% to $13.05 in pre-market trading.</li>
</ul>
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ORKA

PDLB

PayPal, Estée Lauder, UBS And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

WIIM

PVH shares are trading lower after China added the company to its unreliable entities list.

U.S. stock futures were trading lower on Tuesday after Monday&#8217;s decline as the new administration&#8217;s tariffs continued to spook the market.
On Monday, Mexico&#8217;s president Claudia Sheinbaum reached a deal with President Donald Trump to delay tariffs by increasing Mexico's military presence on the US border. Later, after a call between Trump and Canadian Prime Minister Justin Trudeau, tariffs on Canada were also suspended for 30 days.
All major index futures were down. Google parent Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Pfizer Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>), PepsiCo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>) and Spotify Technology SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) are expected to report earnings today.
The 10-year Treasury yield stood at 4.58%, while the two-year yield was at 4.25%. According to the CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>, there is an 86.5% chance that the Federal Reserve will keep interest rates unchanged for the March meeting.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.10%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.20%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.24%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.14%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) were mixed during premarket trading on Tuesday. SPY fell 0.17% to $596.75, and QQQ was up 0.01% to $518.16, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From The Last Session
US stocks <a href="https://www.benzinga.com/25/02/43455955/dow-trims-losses-after-trump-delays-mexico-tariff-investor-sentiment-improves-fear-greed-index-in-fear-zone">declined</a> on Monday following Trump&#8217;s tariff announcement which led to the Dow dropping over 665 points intraday. 
Owens &amp; Minor Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMI#NYSE">OMI</a>) shares fell 35% after lowering revenue guidance, while Tyson Foods Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>) reported strong earnings.
December U.S. construction spending rose 0.5%, and the January ISM manufacturing PMI increased to 50.9.
Most S&amp;P 500 sectors declined, led by consumer discretionary, information technology, and industrials, while utilities and consumer staples gained.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-1.20%</td>
<td>19,391.96</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.76%</td>
<td>5,994.57</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.28%</td>
<td>44,421.91</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-1.28%</td>
<td>2,258.42</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts
As the market declined following the tariffs and trade wars, Ryan Detrick, the chief market strategist at Carson Research, calmed the investors down by highlighting that every year has scary headlines that pull the stock market down.
<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">Every year has scary headlines. <a href="https://t.co/1JknCIqrRc">pic.twitter.com/1JknCIqrRc</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1886424284609835091?ref_src=twsrc%5Etfw">February 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
He further explained the basic principle of investing in the market by saying &#8220;Volatility is the toll we pay to invest&#8221;.
<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">Now&#39;s a good time to remember that volatility is the toll we pay to invest. Each year has scary moments, it is all part of investing. <a href="https://t.co/9FezMYHa4M">pic.twitter.com/9FezMYHa4M</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1886424165021819285?ref_src=twsrc%5Etfw">February 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Highlighting the tariff impact, economist Jeremy Siegel said that the prospect of new trade barriers introduces another layer of volatility, with markets reacting negatively to the uncertainty.
&#8220;History has shown that tariffs are rarely viewed as a net positive for equities, and while they could lead to a temporary bump in inflation and price levels, the Fed is unlikely to respond to a one-time inflationary shock,&#8221; he added.
While Mexican and Canadian tariffs were paused, Siegel, who is the senior economist at WisdomTree and a former professor at the University of Pennsylvania added that &#8220;Trump's new tariffs are not smart either economically or politically&#8221;.
&#8220;The political impact is likely to be very negative for Trump's program, as the rise in prices (gasoline and some food items) will have high visibility in the mainstream media and put pressure on some legislators,&#8221; he added.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures </a>
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on Tuesday:
<ul>
<li>December&#8217;s job openings and factory orders data will be out at 10:00 a.m., ET</li>
</ul>
<ul>
<li>Atlanta Fed President Raphael Bostic will speak again at 11:00 a.m., ET on Tuesday, on the topic of housing.</li>
</ul>
<ul>
<li>San Francisco Fed President Daly will speak at 2:00 p.m., ET and Federal Reserve Vice Chairman Philip Jefferson will speak at 7:30 p.m., ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>Spotify Technology SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) was up 2.90% in the premarket on Tuesday as it is expected to report its fourth-quarter earnings before the market opens. According to Benzinga's consensus estimates, the company is expected to report earnings of $2.060 per share on the revenue of $4.15 billion.</li>
</ul>
<ul>
<li>PepsiCo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>) declined 0.19% ahead of its earnings before the opening bell. Analysts expect it to report quarterly earnings of $1.94 per share on revenue of $27.89 billion.</li>
</ul>
<ul>
<li>Pfizer Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>) rose 0.53% as Wall Street expects it to report quarterly earnings of 47 cents per share on revenue of $17.40 billion.</li>
</ul>
<ul>
<li>Electronic Arts Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>) slipped 0.19% ahead of its earnings which will be released after the closing bell. Analysts expect it to report quarterly earnings of $3.08 per share on revenue of $2.32 billion.</li>
</ul>
<ul>
<li>UBS Group AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>) fell 5.58% despite reporting stronger-than-expected earnings for its fourth quarter because it disclosed a share buyback program of up to $3 billion, which failed to impress investors.</li>
</ul>
<ul>
<li>NXP Semiconductors NV (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) was up 0.80% as it posted upbeat earnings and sales results for its fourth quarter on Monday.</li>
</ul>
<ul>
<li>Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) was up 18.77% following better-than-expected fourth-quarter results.</li>
</ul>
<ul>
<li>Illumina Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>) slipped 5.11% and PVH Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) declined 3.98% as the Chinese Ministry of Commerce added the companies to the unreliable entities list amid the ongoing trade war with the U.S.</li>
</ul>
Commodities, Gold And Global Equity Markets:
Crude oil futures were trading lower in the early New York session by 1.54% to hover around $72.03 per barrel.
The gold spot index was down by 0.01% to $2,814.48 per ounce. The Dollar Index was down 0.36% at 108.60 level.
Asian markets were mixed on Tuesday as China's CSI 300 and Australia's ASX 200 index fell. Whereas Hong Kong's Hang Seng, South Korea's Kospi, and Japan's Nikkei 225 index advanced. European markets were also mixed in trade.
Read Next:
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<li><a href="https://www.benzinga.com/etfs/sector-etfs/25/02/43456454/bill-gates-says-nvidias-jensen-huang-could-be-wrong-about-quantum-computing-qubt-rgti-ionq-react-in-tuesday-premarket">Bill Gates Says Nvidia&#8217;s Jensen Huang &#8216;Could Be Wrong&#8217; About Quantum Computing: QUBT, RGTI, IONQ React In Tuesday Premarket </a></li>
</ul>
Photo courtesy: Shutterstock

Futures

NXPI

US Stocks Likely To Open Lower As Trump's Trade War Continues To Impact The Market: 'Volatility Is The Toll We Pay To Invest,' Says Expert

Shares of Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) rose sharply in today's pre-market trading following better-than-expected <a href="https://in.benzinga.com/news/earnings/25/02/43449486/palantir-q4-earnings-revenue-beat-eps-beat-us-revenue-up-52-customer-count-up-43-strong-guidance-this-is-a-new-phase-unlike-anything-that-has-come-before">fourth-quarter results</a>.
Palantir reported fourth-quarter revenue of $827.52 million, beating the consensus estimate of $775.91 million. The company reported fourth-quarter adjusted earnings of 14 cents per share, beating analyst estimates of 11 cents per share.
Palantir Technologies shares jumped 16.5% to $97.56 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Evaxion Biotech A/S (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVAX#NASDAQ">EVAX</a>) gained 72.5% to $4.14 in pre-market trading.</li>
<li>Kairos Pharma, Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAPA#NYSE">KAPA</a>) rose 40.1% to $2.13 in pre-market trading after jumping more than 6% on Monday.</li>
<li>Azitra, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZTR#NYSE">AZTR</a>) gained 40% to $0.3900 in pre-market trading after gaining around 15% on Monday.</li>
<li>Invivyd, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IVVD#NASDAQ">IVVD</a>) gained 27.4% to $1.35 in pre-market trading. Invivyd shares jumped 196% on Monday after the company provided preliminary fourth-quarter PEMGARDA net product revenue results.</li>
<li>CleanCore Solutions, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZONE#NYSE">ZONE</a>) shares jumped 25.5% to $1.28 in pre-market trading following a 3% gain on Monday.</li>
<li>Reborn Coffee, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REBN#NASDAQ">REBN</a>) rose 17.8% to $6.00 in pre-market trading after jumping 54% on Monday. Reborn Coffee recently announced it approve a franchisor in the U.S. and is intending to expand across the country.</li>
<li>American Rebel Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AREB#NASDAQ">AREB</a>) shares climbed 16% to $1.38 in pre-market trading.</li>
<li>Tempus AI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEM#NASDAQ">TEM</a>) gained 8% to $66.44 in pre-market trading. Tempus AI, Inc. announced it has completed its acquisition of Ambry Genetics.</li>
<li>XPeng Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) rose 7% to $16.79 in pre-market trading after adding 3% on Monday. XPeng witnessed a jump of 268% year-over-year. The company delivered 30,350 vehicles last month, marking a drop of 17.3% from December.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Universe Pharmaceuticals INC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPC#NASDAQ">UPC</a>) shares fell 28.2% to $0.3012 in pre-market trading after announcing Nasdaq delisting notice.</li>
<li>MDJM Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UOKA#NASDAQ">UOKA</a>) dipped 27.2% to $0.1730 in pre-market trading after jumping 83% on Monday.</li>
<li>E-Home Household Service Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EJH#NASDAQ">EJH</a>) fell 25% to $0.7652 in today's pre-market trading after gaining 34% on Monday.</li>
<li>BriaCell Therapeutics Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCTX#NASDAQ">BCTX</a>) shares fell 22.6% to $3.90 in pre-market trading as the company priced its $3.05 million public offering of 762,500 common shares at $4/share.</li>
<li>Tonix Pharmaceuticals Holding Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TNXP#NASDAQ">TNXP</a>) shares tumbled 20.2% to $0.1555 in pre-market trading. Tonix Pharmaceuticals shares dipped over 54% on Monday after the company announced a 1-for-100 reverse stock split.</li>
<li>HCW Biologics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HCWB#NASDAQ">HCWB</a>) fell 16.1% to $0.5335 in pre-market trading. HCW Biologics shares jumped 129% on Monday after the company announced FDA clearance for its Phase 1 trial of HCW9302.</li>
<li>XChange TEC.INC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XHG#NASDAQ">XHG</a>) fell 14.2% to $0.7166 in pre-market trading after declining around 4% on Monday.</li>
<li>UBS Group AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>) fell 6.1% to $32.81 in pre-market trading. UBS Group reported stronger-than-expected earnings for its fourth quarter and disclosed a share buyback program of up to $3 billion.</li>
<li>Ponce Financial Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDLB#NASDAQ">PDLB</a>) declined 5.3% to $12.61 in pre-market trading.</li>
<li>Illumina, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>) shares dipped 5.2% to $124.31 in pre-market trading after the Chinese Ministry of Commerce added the company, along with Calvin Klein owner PVH Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) to the unreliable entities list amid the ongoing trade war with the U.S..</li>
</ul>
Now Read This: 
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AREB

AZTR

BCTX

EVAX

HCWB

IVVD

KAPA

REBN

TNXP

UOKA

XPEV

ZONE

Why Palantir Shares Are Trading Higher By Over 16%; Here Are 20 Stocks Moving Premarket

Shares of Illumina Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>) fell nearly 4% on Robinhood overnight after the Chinese Ministry of Commerce added the company, along with Calvin Klein owner PVH Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) to the unreliable entities list amid the ongoing trade war with the U.S..
What Happened: China claimed <a href="https://news.futunn.com/flash/18389865/department-of-commerce-add-the-us-pvh-group-and-immena?level=2&amp;data_ticket=1738646473129916">in</a> its press release that these two companies have disrupted normal market transactions and tried to harm the legitimate rights and interests of Chinese enterprises.
The specific measures to be taken against the companies have not yet been disclosed. However, they are expected to be in line with the &#8220;Regulations on the List of Unreliable Entities,&#8221; which allow for restrictions on trade, investment, and other business activities.
See Also: <a href="https://www.benzinga.com/general/market-summary/25/02/43454291/winner-winner-chicken-dinner-tyson-foods-q1-beat-showcases-improved-execution-in-poultry-says-ceo">Winner Winner, Chicken Dinner: Tyson Foods Q1 Beat Showcases &#8216;Improved Execution&#8217; In Poultry, Says CEO</a>
Why It Matters: China&#8217;s State Administration for Market Regulation also announced on Tuesday that it will be investigating Alphabet Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google for alleged anti-monopoly practices. This comes shortly after China imposed new tariffs on select U.S. goods, including coal, LNG, crude oil, farm equipment, and vehicles.
On Monday, President Donald Trump postponed his threat of imposing 25% tariffs on Mexico and Canada at the last minute, agreeing to a 30-day delay in exchange for concessions regarding border and crime enforcement with the two neighboring countries. However, there was no similar pause on the 10% tariffs imposed on China.
Illumina fell 3.89% on Robinhood overnight, whereas PVH had ended over 7% lower on Monday. The exchange-traded fund tracking the S&amp;P 500 index, SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) had ended 0.67% lower to close at $597.77 on Monday.
Read Next:
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<li><a href="https://www.benzinga.com/government/regulations/25/02/43427091/as-trump-imposes-tariffs-on-americas-3-largest-trading-partners-this-macro-strategist-calls-the-policy-a-tool-to-transition-us-to-a-more-sustainable-future-amid-grotesque-money-printing" target="_blank" rel="noreferrer noopener">As Trump Imposes Tariffs On America's 3 Largest Trading Partners, This Macro Strategist Calls The Policy A ‘Tool To Transition' US To A More Sustainable Future Amid ‘Grotesque' Money Printing</a></li>
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Photo courtesy: Shutterstock

Illumina Stock Tumbles Nearly 5% Overnight On Robinhood As China Adds ILMN, Calvin Klein Owner PVH To 'Unreliable Entities List' Amid Trade War With US

PVH Corp shares are trading lower after Wells Fargo downgraded the stock from Overweight to Equal-Weight and cut its price target from $130 to $105.

Wells Fargo analyst Ike Boruchow downgrades PVH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) from Overweight to Equal-Weight and lowers the price target from $130 to $105.

Downgrades

Wells Fargo Downgrades PVH to Equal-Weight, Lowers Price Target to $105

Jefferies analyst Ashley Helgans maintains PVH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) with a Hold and lowers the price target from $104 to $101.

Jefferies Maintains Hold on PVH, Lowers Price Target to $101

Press Releases

PVH Corp. Names CEO of PVH EMEA

PVH Corp. Declares Quarterly Cash Dividend

PVH Corp. Appoints Jesper Andersen to its Board of Directors

PVH Corp. to Host Conference Call to Discuss Third Quarter 2024 Earnings Results

PVH Corp. Reports 2024 Third Quarter Revenue and Earnings Above Guidance

Securities Fraud Investigation Into PVH Corp. (PVH) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

PVH Corp. (PVH) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

Securities Fraud Investigation Into PVH Corp. (PVH) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm

Revman International, Inc. Announces Home License Agreement for Tommy Hilfiger in U.S., Canada and Mexico

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