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TikTok Gets a 75-Day Reprieve From Trump. How Meta and Snap Stocks Are Reacting. - Barron's

1. TikTok receives an additional 75 days to avoid a U.S. ban. 2. Meta shares rose 0.8% despite ongoing competition with TikTok. 3. Trump's order may stabilize market sentiments around social media stocks. 4. Investors appeared to have already priced in TikTok's potential return.

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FAQ

Why Bullish?

Meta's stock increase shows positive sentiment despite TikTok's uncertainty. Past instances, like regulatory actions, often create opportunities for competitors.

How important is it?

The article reflects significant developments in social media competition, affecting Meta's positioning.

Why Short Term?

Immediate market reactions are likely as TikTok's future remains uncertain. Similar situations have led to rapid shifts in stock performance previously.

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