If TikTok is indeed banned or sold, analysts with Morgan Stanley see Facebook parent Meta Platforms and YouTube, which is owned by Google, as the most likely to benefit. Meta stock gained slightly in Thursday trades. A federal appeals court on Friday upheld a law that requires China-based ByteDance to sell TikTok to another company by Jan. 19, or the popular short-video site will be banned. Read More...
If TikTok is indeed banned or sold, analysts with Morgan Stanley see Facebook parent Meta Platforms and YouTube, which is owned by Google, as the most likely to benefit. Meta stock gained slightly in Thursday trades. A federal appeals court on Friday upheld a law that requires China-based ByteDance to sell TikTok to another company by Jan. 19, or the popular short-video site will be banned.
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