President Donald Trump on Thursday signed an executive order to keep TikTok running in the U.S. for another 90 days to give his administration more time to reach a deal to bring the social media platform under American ownership. It is the third time Trump has extended the deadline. Publicly traded companies in the space include Meta Platforms (META), Pinterest (PINS), Reddit (RDDT) and Snap (SNAP).
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on META:
- Meta recently tried acquiring Safe Superintelligence, CNBC reports
- Could Pinterest Stock (PINS) be the Next Big Breakout in Social Media Investing?
- Microsoft (MSFT) Layoffs Expand a Major AI Trend
- Meta Is in Talks to Hire Well-Known AI Investors and Buy-Out a Piece of Their Fund
- Morning News Wrap-Up: Thursday’s Biggest Stock Market Stories!