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AmbitionExtension184 t1_iuo3ii5 wrote

Reply to comment by 685327593 in Snap, Meta shares pop after FCC commissioner says U.S. should ban TikTok by cnbc_official

I don’t think you realize how massive of a win it would be for meta if TikTok is banned. Meta apps aren’t available in China and they have 40% of the world using their apps daily. Meanwhile TikTok growth has already plateaued well under FB numbers and they are a Chinese company…

The whole market is down except for meta and snap because of this news alone.

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