we will bring in ann berry, fred needle -- fred needle partner. how does the future of tiktok play out? the company has been lobbying against this move. ann: before tiktok disappears from devices. it shows something is going to happen. loving continue -- lobbying will continue. pressure is being applied by china with trying to push apple to withdraw whatsapp as an offering on iphones. it will take a long time to play out. i think tiktok it's sold minus the algorithm that has the security mines. it is not going to happen overnight. sonali: we have talked a little about the impact ultimately for the other social media giants in the united states, particularly meta. how do you think over time executives will address the opportunity here to step in with the uncertainty around the other large rivals here? ann: instagram reels really is the play that stands to gain the most from tiktok either being banned or sold. if you look at the outlook for meta's earnings, reels is a larger part of the revenue stream. morgan stanley anticipating $28 billion, up 120%

including my next guest, ann berry. you're spying, looking at palo alto.is the thing with palo alto. everyone kind of digs, kind much loves it last couple years, but every now and then it has crazy swoons where it falls apart including recently. it holding above key moving averages. you're watching it. what do you need to know or see before you buy and pull the trigger. >> i came into it but i've been watching it for a while. charles: okay, so you did buy it? >> i came into it. i came into it a couple weeks ago and here's what i saw. i was listening to what the conference had to say about the outlook. who was realistic about it? you know who said it would get tougher? who said it would have a plan. these guys. best of class. saw announcement, google cloud doubling down on partnering with this name. it is there. number one choice. that means growth. charles: the chart still trends higher. every now and then you may be challenged to invest in it. make the swoons your friend. i know couple names you're buying ault at that and trade desk. what is it about ulta