
As the U.S. Supreme Court considers a potential ban on TikTok, shares of its rivals have surged. Stocks of Meta Platforms Inc. ($META), Snap Inc. ($SNAP), and Trump Media ($DJT) rose significantly during the court's deliberations, reflecting market optimism regarding a possible ban on the popular short-form video app. The court's discussions have centered around national security concerns related to TikTok's connections to China. Chief Justice John Roberts has expressed skepticism about these ties, which has further influenced investor sentiment. Conversely, shares of Oracle Corporation ($ORCL) have declined amid the ongoing legal proceedings. The market's reaction underscores the competitive landscape in the social media sector, as companies like Meta and Snap stand to gain from any restrictions placed on TikTok.



If the TikTok ban goes through, which is absolutely unconstitutional, and frankly sets a HORRIBLE precedent. Here’s some of the OTHER apps that could be on the chopping block soon. 🪓🥳 League of Legands - Riot Games - Owned by Tecent.. practically a total Chinese state…
Shares in TikTok’s rivals gain as Supreme Court weighs U.S. ban for social-media app https://t.co/hdLaCHiZ6u
From our 'Top Watched (StockTwits)" Watchlist: With a potential TikTok ban on the horizon, does $SNAP stand to benefit? 👻 https://t.co/aITn48Olno