tiktok to sell u.s. operations
walmart, microsoft, oracle all
moving lower on that news.
we saw a little bit of that in
yesterday's session as well.
tim, there's a couple ways you
can view this piece of news.
that is that china is taking a
much harder stance and would
rather see this thing shut down
than actually be sold.
that's china/u.s. relations.
but there's also the stock
specific stories behind this
>> and it makes you wonder what
exactly these companies might be
buying
i think that's part of the value
and it's just driving down the
value.
it's why bytedance really wants
find a proper sale
that's why i actually think the
company is pushing for a sale.
whether that happens or not, i
think these headlines are ones
that, yes, we've had the sense
that china is pushing hard and
playing their part of the hand
or attaching export restrictions
on the technology.
if you look at walmart, it's
down almost 9% in the last six
days
it's absolutely given up its
tiktok buzz and it's trading