What could happen to your TikTok app on Jan. 19
Published On Jan 17, 2025, 11:24 AM
The U.S. Supreme Court upheld a law that will ban TikTok on January 19 unless its Chinese parent company, ByteDance, divests the app to a non-foreign adversary owner. If TikTok is not divested, major companies like Apple and Google will be prohibited from allowing downloads of the app, potentially leaving existing users without updates and support. President-elect Trump may attempt to intervene or delay the enforcement of this ban, creating uncertainty about TikTok's future in the U.S.
Stock Forecasts
GOOG
Negative
The potential ban of TikTok could lead to significant declines in user engagement and ad revenue for companies reliant on the app. Additionally, it may encourage similar policies against other Chinese tech companies, increasing sector volatility.
MSFT
Negative
As legal and operational risks mount for TikTok, companies like Microsoft, which provide cloud services, may also face indirect impacts, especially if they are associated with TikTok operations going dark.
AAPL
Negative
If the ban leads to a broader crackdown on foreign tech firms in the U.S., it may affect large tech stocks negatively, especially those heavily invested in social media.
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