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Meta Stock Rallies, Oracle Slides As Market Reacts To TikTok Ban Hearing At Supreme Court

1. Supreme Court may uphold TikTok ban, impacting its business significantly. 2. Meta's stock increased by $35 billion due to potential TikTok restrictions. 3. Zuckerberg's net worth rose by $4.7 billion after Meta's stock rally. 4. Oracle suffered a 5% loss, indicating negative effects of a TikTok ban. 5. Betting markets suggest a 70% chance of a TikTok ban by May.

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FAQ

Why Bullish?

With TikTok's potential ban, Meta gains market share in short-form video. Similar past events, like Vine's shutdown, benefited Instagram's growth.

How important is it?

The article discusses potential legal shifts favoring Meta's competition. Market conditions suggest high relevance to Meta's stock performance.

Why Short Term?

Immediate market reactions are likely, but long-term effects depend on TikTok's future. Historically, social media market shifts happen quickly.

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