$META and $GOOG
Posted: Jan 12, 2025
- TikTok creators are preparing for a potential ban in the U.S. on Jan. 19 by urging fans to find them on other platforms like Instagram and YouTube
- If TikTok is suspended, Google's YouTube and Meta's Facebook and Instagram are expected to benefit the most
- The Supreme Court heard oral arguments regarding TikTok's ties to China and the app's free speech rights
- Businesses and creators are diversifying their audiences in case of a TikTok ban
- Experts predict that YouTube, Facebook, and Instagram are poised to gain the most users and ad dollars if TikTok is banned
What do people on Reddit think?
🚨 Reddit sentiment: mixed/positive - Comments show a mix of positive outlooks for $META and $GOOG benefitting from a TikTok ban while acknowledging negative aspects like Instagram Reels' current ineffectiveness; general positivity is observed towards owning $GOOG. Summarized comments: - Reddit users welcome owning $GOOG amidst possible TikTok bans. - Speculation that $AMZN, $PINS, $SNAP, and $ROKU could benefit from a TikTok ban. - Instagram and YouTube may become more popular if TikTok is banned. - Mixed opinions on whether $SNAP or Instagram Reels are the true benefactors of a TikTok ban. - Some users suggest people will flock back to Instagram if TikTok disappears, hinting positive outlook for $META. - Disagreement on SNAP's potential, with some seeing it as irrelevant compared to other platforms. - Comments reflect skepticism about Instagram Reels' ability to compete with TikTok's algorithm. Stock tickers discussed: $META, $GOOG, $AMZN, $PINS, $SNAP, $ROKU
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