The U.S Senate is to introduce a bipartisan bill to outline an approach to banning or prohibiting foreign tech. George Tsilis joins Alex Coffey and Jenny Horne to discuss this as it relates to Snap Inc. (SNAP). They compare SNAP to Meta (META) and Pinterest (PINS), noting that SNAP is not profitable. They also go over how there are talks of banning TikTok overall. Finally, they note that META isn't the most stable stock, but it may be more stable compared to PINS and SNAP. Tune in to find out more about the stock market today.
06 Mar 2023