ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.

Dan Ives, an analyst for Wedbush Securities, told CBS the financial services firm had valued TikTok at about $100 billion including the algorithm. Ives has also suggested ByteDance could expect $ ...

Who will “save” TikTok? YouTuber MrBeast, X owner Elon Musk and Oracle Chairman Larry Ellison have been floated as potential buyers of the app in the past week.

Citing national security, the Supreme Court rules that TikTok can be banned if its Chinese parent company ByteDance does not sell the app by Sunday.

Perhaps the most appealing option for ByteDance could be if Trump blessed a merger between TikTok and Perplexity AI—a San Francisco-based AI search company worth about $9 billion that appears to ...

ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.

Apple is set to report fiscal first-quarter results after the closing bell Thursday, with analysts watching for signs the iPhone maker’s stock can recover after a disappointing start to 2025.

These investments include Treasury bills, Treasury notes, Treasury bonds, Floating Rate Notes (FRNs), and Treasury Inflation-Protected Securities (TIPS). Individuals with brokerage accounts can ...

Apple is set to announce its first-quarter earnings after Thursday’s closing bell, with investors watching closely for insights into its AI trajectory and China market performance. While the stock has remained stable leading up to earnings,

The major US share indices trade moderately lower as the central bank elects to hold rates steady, with Australian shares expected to start flat. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

President Donald Trump wants a U.S. investor to take a major stake in ByteDance’s TikTok. Several parties are in contention even as potential buyers face a litany of legal hurdles and barriers. After stepping in to restore TikTok in the U.

Approximately $1 trillion is set to be spent globally on AI development in the coming years, according to estimates by Goldman Sachs. But DeepSeek developed its AI model for $6 million, according to Wedbush Securities analyst Dan Ives .