ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
As the Jan. 19 date for a TikTok ban approaches, another name is emerging as a potential buyer: SpaceX and Tesla CEO Elon Musk, who already owns X.
Wedbush Securities hiked its base case price target on Tesla (NASDAQ:TSLA) to $550 from $515 on its view that the golden age of autonomous, FSD, and Optimus has arrived. The firm has growing confidence in the demand delivery story for 2025 along with a fast tracking of the autonomous future under the Trump Administration.
Potential TikTok buyers are lining up as President Trump and the Chinese government show heightened interest in striking a deal to sell the popular video-sharing platform in the face of a U.S. ban. YouTube star MrBeast is the latest to join the ranks of prospective buyers,
Investing.com-- Wedbush said on Wednesday that recent weakness in Apple Inc (NASDAQ: AAPL) shares- amid a flurry of ratings downgrades and worsening sales in China- was overdone, especially before the company’s December quarter earnings.
ByteDance will either sell to a new buyer ... are estimated to be worth between $40 billion and $50 billion, according to Wedbush Securities analyst Dan Ives. But since the algorithm may be ...
Dan Ives, managing director at Wedbush Securities, said the social media ... TikTok's bids to be submitted in the coming weeks, with ByteDance still considering the possibility that Musk could ...
Investing.com -- Wedbush analysts expect the Trump administration to delay the imminent TikTok ban, despite an anticipated Supreme Court ruling upholding the prohibition. The ban is set to take effect on January 19th, one day before President Trump’s inauguration.
Dan Ives, an analyst for Wedbush Securities, told CBS the financial services firm had valued TikTok at about $100 billion including the algorithm. Ives has also suggested ByteDance could expect $ ...
The Supreme Court, which last week heard ByteDance's challenge to the move ... managing director at Wedbush Securities, in an analyst note on Tuesday. "Given the strong and growing alliance ...
President Donald Trump wants a U.S. investor to take a major stake in ByteDance’s TikTok. Several parties are in contention even as potential buyers face a litany of legal hurdles and barriers. After stepping in to restore TikTok in the U.
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