Oracle stock slumped as TikTok’s U.S. data host was affected by the prospect of a ban of the social media app, slicing $10 billion from Larry Ellison’s net worth.
The Supreme Court’s signaling it may uphold a ban on TikTok, the wildly popular shortform video social media app, sent shockwaves through the stock market Friday, boosting shares of companies behind ...
Caroline Gutman for The New York Times It usually takes the Supreme Court about three months after an argument to issue ... $20 billion — or roughly the market value of the social media company ...
The Supreme Court has now concluded oral arguments after deliberating for roughly two and a half hours over a law that requires TikTok to be sold or banned in the US. Some of the justices voiceed ...
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