Shares of Snap Inc. (SNAP.US) are losing nearly 4% after the Washington Post cited anonymous sources claiming that Donald Trump will make efforts to stop the blockade of Chinese social networking platform TikTok in the US. Democrats have accused Chinese company ByteDance (behind TikTok) of striking a blow to US national security by disposing of collected data on Americans. The accused company denied all reports. Snap, given its difficult financial situation, could potentially be the company most affected by the continued presence of its rival TikTok in the United States.
Source: xStation5
Netflix buys up Warner Bros - What does it mean for streaming and markets?
US Open: US indices gain after PCE data 🗽Semiconductor stocks surge
DE40: Adequate data, Mild growth
Chart of the day: CHN.cash (05.12.2025)