Squawk on the Street Cramer's Morning Take: Tiktok Ban 1/17/25
Jan 17, 2025
Jim and Jeff explore the fallout from the Supreme Court's TikTok ban and its effects on American users. They identify potential winners, like Meta and Alphabet, as they pivot to capitalize on the changes. The podcast also examines Apple's recent stock challenges and shifts in revenue strategies. Listeners gain strategic insights into market trends and can learn more through the CNBC Investing Club, which offers exclusive content and educational opportunities.
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TikTok Ban Impact and Potential Resolution
- The Supreme Court upheld the TikTok ban, impacting over 100 million US users.
- This ban could be resolved through a deal between Trump and China, contingent on data security.
Investment Opportunity in Meta and Alphabet
- Meta and Alphabet stand to gain if TikTok remains banned, making their stocks potentially attractive.
- Zuckerberg is expected to capitalize on this opportunity, presenting a buying opportunity.
Apple's Stock Dip and Potential Rebound
- Apple had its worst day since August, dropping 4% due to concerns about the current quarter's performance.
- Evercore suggests a tactical outperform on Apple, anticipating a weak March guide but potential upside due to low sentiment.