TikTok Tops Instagram as Teens Favorite App, Second to SnapChat
TikTok has been accelerating its popularity at a robust pace as a report from Piper Sandler shows that the Chinese social media app has crossed Instagram as teen’s most popular social media app. TikTok is standing in second place while Instagram slipped to the third spot.
Oracle Stock Could Fly Higher on TikTok Deal
Oracle stock price is likely to get a new bullish price target from market analysts as the software company is all set to acquire TikTok US operations. Reports show that TikTok has rejected Microsoft offer, announced to partner with Oracle for US operations.
Dollar fails to rebound whilst US equity futures continue to rise and tax hike rumours spark in the UK
Dollar Index fails to hold to earlier gains from European morning session, falling sharply from 92.48 to 92.20. European and US equity bourses climb , with Japanese equities outperforming Asian peers. Though covid-19 cases are dropping in developed countries, they remain high in developing countries - the battle is far from over. Tax hike rumours in the UK?