- Investor's Business Daily
AI Chip Leader Arm Stock Plunges 31%, Is It A Buy Right Now?
AI chip stock Arm Holdings surged more than 152% past a recent buy point. Following that advance, is Arm stock a buy in today's stock market?
- Reuters
TikTok artists and advertisers to stay with app until 'door slams shut'
Ban or no ban, TikTok's partners in the music and advertising world plan to stick with the massively popular short-form video platform until the bitter end, seven industry leaders told Reuters. The U.S. Senate passed a bill late on Tuesday that gives Chinese tech firm ByteDance up to a year to divest TikTok, or the app will be banned altogether. President Joe Biden has signaled he would sign the bill, capping a four-year battle over concerns the Chinese government could influence content or access user data.
- Investor's Business Daily
TikTok Sell-Or-Ban Bill Passes Senate. Here's What It Means For Meta, Google, Oracle.
After passing the Senate late Tuesday, a bill that would either force the sale of TikTok or ban the app is heading to the president's desk. An actual ban of the immensely popular short-video app would be felt across the tech landscape — with implications for stocks ranging from Meta and Alphabet to Oracle. The bill would require Beijing-based ByteDance to divest TikTok within a year, an increase from the 165 days in the original bill that passed the House of Representatives.
