TikTok Ban: Here's What Wall Street's Saying-And The U.S. Firms At Risk Of Contagion
Briefly

from Forbes2 months ago
Perhaps the most significant impact of a TikTok ban or a forced sale from TikTok owner ByteDance is the potential for the Chinese government to retaliate against American firms' business activities in China.
Forbeshttps://www.forbes.com/sites/dereksaul/2024/03/15/tiktok-ban-heres-what-wall-streets-saying-and-the-us-firms-at-risk-of-contagion/
However, Moerdler noted Oracle's fair valuation 'would not be impacted' as its datacenter business's high growth more than makes up for the possible TikTok loss.
Forbeshttps://www.forbes.com/sites/dereksaul/2024/03/15/tiktok-ban-heres-what-wall-streets-saying-and-the-us-firms-at-risk-of-contagion/
Read at Forbes
#tiktok-ban #american-companies #china #business-impact #oracle
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