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The Supreme Court upholds the law requiring China-based ByteDance to divest its ownership of TikTok by Sunday or face an effective ban in the U.S., just days before President-Elect Trump is set to take office. Frank McCourt, the Founder of Project Liberty, a company making a bid to buy the U.S. assets joins with his reaction and potential solutions to keep TikTok online. Then Investors try and make sense of what names in the social media sector could be impacted the most. Plus with this week’s retreat in treasury yields, is the market positioned to once again make a run towards record highs? Sara Eisen and Mike Santoli break it all down on Money Movers.
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The Supreme Court upholds the law requiring China-based ByteDance to divest its ownership of TikTok by Sunday or face an effective ban in the U.S., just days before President-Elect Trump is set to take office. Frank McCourt, the Founder of Project Liberty, a company making a bid to buy the U.S. assets joins with his reaction and potential solutions to keep TikTok online. Then Investors try and make sense of what names in the social media sector could be impacted the most. Plus with this week’s retreat in treasury yields, is the market positioned to once again make a run towards record highs? Sara Eisen and Mike Santoli break it all down on Money Movers.
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