Google, Meta, and Snap would be the biggest winners if TikTok is banned, with shares set to rise on billions in new ad revenue, CFRA says
Briefly

from Markets Insider1 year ago
Some US lawmakers are working to ban TikTok.That wold be a boon to Snap, Meta, and Google, CFRA says.The research firm says TikTok could make $9 billion-$10 billion in US revenue in 2024.There probability TikTok will be banned is still low but it's gone up significantly over the last six months, the firm said.
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