Supreme Court TikTok Hearing Fuels Meta Stock Surge, Oracle Hit Hard - PRESS AI WORLD
PRESSAI
All categories
Recent Posts
side-post-image
Jannik Sinner Dominates Alex de Minaur to Secure Spot in Australian Open 2025 Semifinals
user-iconGloria Terra
side-post-image
EPFO Registers Significant Growth with 14.63 Lakh Net Members Added in November 2024
user-iconFelix Ledger
Contact Phone:
Economy

Supreme Court TikTok Hearing Fuels Meta Stock Surge, Oracle Hit Hard

share-iconSaturday, January 11 comment-icon1 week ago 6 views
News sources:
forbesFORBES
Supreme Court TikTok Hearing Fuels Meta Stock Surge, Oracle Hit Hard

Credited from: FORBES

  • The Supreme Court is considering upholding a ban on TikTok, causing significant market fluctuations.
  • Shares of Meta and Snap surged, indicating a positive response from rival platforms amid a generally down market.
  • In contrast, Oracle experienced a 5% decline, marking its steepest drop among major U.S. firms.
  • Market betting has similarly shifted, raising the likelihood of a TikTok ban from 30% to 70% in recent days.
  • This legal situation affects TikTok's parent company ByteDance’s valuation amid growing uncertainties.

For the full article, visit: Forbes

SHARE THIS ARTICLE:

TAGS:

Tiktok Meta Oracle Supreme court Stock market Social media
author-dp

Author:

Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

nav-post-picture
date-iconJanuary 11, 2025 Kohl's Announces Closure of 27 Stores Across Multiple States in 2025
date-iconJanuary 11, 2025 Rodrigo Bentancur Cleared to Play After 12-Day Concussion Recovery
nav-post-picture
Related Posts
main-post-image
POLITICS
Trump Administration Shuts Down Spanish-Language White House Page, Sparking Outcry from Latino Community
date-iconJan 22, 2025
main-post-image
WORLD NEWS
Trump Launches $500 Billion AI Infrastructure Initiative "Stargate" in Partnership with OpenAI, Oracle, and SoftBank
date-iconJan 22, 2025
main-post-image
WORLD NEWS
Barron Trump's Poised Debut at Inauguration Sparks Speculation and Social Media Buzz
date-iconJan 22, 2025
main-post-image
WORLD NEWS
Social Media Users Unknowingly Follow Trump and Vance After Presidential Transition
date-iconJan 22, 2025
main-post-image
WORLD NEWS
Colorado Supreme Court Denies Elephants' Legal Bid for Release from Cheyenne Mountain Zoo
date-iconJan 22, 2025
main-post-image
WORLD NEWS
Taiwan Hit by 6.4-Magnitude Earthquake, Leaving 27 Injured and Causes Significant Damage
date-iconJan 21, 2025

Stay Connected

main-post-image
World News
Ohio State and Notre Dame Set to Battle for National Title in Inaugural 12-Team Playoff Era
date-icon January 21, 2025
main-post-image
Politics
Biden's Controversial Pardons for Fauci, Milley, and Jan. 6 Committee Members Spark Divisive Reactions
date-icon January 21, 2025
main-post-image
Health
Daily Muhurat Update (January 21, 2025): Key Spiritual Insights for New York City and Los Angeles
date-icon January 21, 2025
main-post-image
World News
Saif Ali Khan Stabbed in Mumbai Home During Attempted Burglary, Now Recovering After Surgery
date-icon January 16, 2025

Tags

Stay informed effortlessly with PRESS AI WORLD, the AI-powered news summarizer that delivers concise, easy-to-read global headlines tailored to your interests.

Categories

Recent Posts

side-post-image
Jannik Sinner Dominates Alex de Minaur to Secure Spot in Australian Open 2025 Semifinals
user-iconGloria Terra
side-post-image
EPFO Registers Significant Growth with 14.63 Lakh Net Members Added in November 2024
user-iconFelix Ledger
© 2025 All rights reserved | PRESS AI WORLD