Oracle stock slumped as TikTok’s U.S. data host was affected by the prospect of a ban of the social media app, slicing $9 billion from Larry Ellison’s net worth.

As TikTok heads to Supreme Court, analysts see Meta stock and Google as likely beneficiaries of a ban on the app.

Meta Platforms Inc (NASDAQ:META) rose after a Supreme Court hearing on Friday, signaling support for upholding a potential ban on TikTok in the United States. During a hearing lasting

TikTok isn’t going down without a fight. The video-sharing social media app is facing a potential ban in the U.S. on Jan. 19, and will deliver oral arguments in its defense before the Supreme Court on Friday at 10 a.