All those apps profiting from ads, Facebook, Pinterest, Snapchat (maybe), are they going down because of TikTok? I am pretty sure TikTok is doing great. Instagram is also good but definitely challenged by TikTok. The rest will just die. Do you agree?
well, Tiktok might get banned in US in the next few years
Tiktok too will also become cringe to the new generation and a new social media app will take its place.
TikTok is not doing that great
They’re doubling revenue YOY what are you talking about
The last few quarters were a major slowdown for TikTok. Still way better than Snapchat of course.
50/50 TikTok gets banned due to politics and big tech lobbying. It’s one of the few agenda where both sides are aligned to scapegoat. There’s inherent tailwind from tv and print to digital and these businesses are not going to go bankrupted. It may hit a rough patch though should a deeper recession come. But that rough patch may be re-rating on growth stocks multiples and maybe 50% down from even here. All depends on consumer spend 2024-2025.
Disagree, you must not know/be in the ads space
Hmmm check check 😉 Sometimes too good leads to 💀 Information at the top transcends beyond metrics. It always has been politics at the top!
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Thank you AAPL and NVDA
They are going down because of Apple and Amazon. Their ad revenues continue to climb.