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 $ ...

TikTok resumes operations in the U.S. after President-elect Trump promises a 90-day extension to the divest-or-sell law, marking a significant shift in the platform's fortunes and potentially impacting U.

NEW YORK, January 28, 2025--(BUSINESS WIRE)--Wedbush Securities, a global independent financial services firm, announces the promotion of three members within its Investment Banking & Capital ...

Wedbush Securities hiked its base case price target on Tesla (NASDAQ:TSLA) to $550 from $515 on its view that the golden age of autonomous, FSD, and Optimus has arrived. The firm has growing confidence in the demand delivery story for 2025 along with a fast tracking of the autonomous future under the Trump Administration.

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.

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 ...

The Australian share market has broken a new record off the back of all four big banks backing a February rate cut by the Reserve Bank. Here's how the trading day played out, with insights from our business reporters.

Analysts say TikTok's "soap opera" saga in the United States is highlighting the "Hunger Games" for social media dominance, with prominent author and economist Yanis Varoufakis calling for measures to take back control for users.

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.

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

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 .