TikTok To Be Sold📱DKS PI 📈 AFRM S 📉

FlowBank's hand-curated fresh financial news [header_noDither] U.S. Orders ByteDance To Sell TikTok, China Expected To Refuse. The U.S. House has passed a bill requiring ByteDance to sell TikTok's U.S. operations within six months to keep the app available in the U.S., amid concerns over national security and data privacy. However, China is expected to block the sale, particularly because of the algorithm's significance, which is considered crucial technology by the Chinese government. Analysts suggest that China's approval of the divestiture is unlikely, complicating the situation and casting doubt on the potential sale and valuation of TikTok's U.S. business. WHAT'S MOVING [Group 1742 (48)-1] [Start Trading](113/cXx8Z04/MWTwf_K1D4sW3qZ_BM6hF3lDW7RdXLG5bHFRDN1FQ0sK2-ZVTW6N1vHY6lZ3ptW2GTTlq8kB8jbN1dWyTZhqJY9W2zKKZ62KWYm6W8DZm2c97tZkzN2CSTDHVdq1_W8VKG5l7VYlSmW35vLrY6P_BdwW5TCsYd2b3cCCW90z3gb8csh6rW78Q9236CMbTXW9l8HBh2pyYk9V75KhG70MKS8W57CrKh5B6ZtpW3-D27x6FxTVRW5DhNDH88fW-DW9dHgSv7m1dHVW5CMJ335qq8dFW6bKWWh5cpND-W4GLT1t24lX_HW9d153694ZTtgN5ZjrKkJxJ3SW4l-d7C2SF8gmf2vdmml04) [Group 3 (48)-2] Amazon Refund fraud on social media is bleeding retailers like Amazon of billions by abusing return policies, with insiders and online tutorials amplifying the problem. [Group 1750 (49)] Adobe Adobe's shares fell 11% after-hours due to a disappointing revenue forecast, despite strong Q1 results and an AI assistant launch for Reader and Acrobat. The company also ended its Figma acquisition, paying a $1 billion termination fee. [Group 1752 (40)] Budweiser Budweiser's parent company AB InBev's shares fell over 4% after a trading halt, following Altria's announcement to sell a portion of its stake in the brewery at a discount, leading to a resumed trading with a reduced stake from Altria. WHAT'S COMING UP? ALL: CFTC speculative net positions IN OTHER NEWS Wall Street Thursday evening saw stock futures barely move as investors digested new corporate earnings reports and tried to see past recent inflation data. Dow Jones Industrial Average futures dipped slightly by 18 points, while both S&P 500 and Nasdaq 100 futures remained virtually unchanged. [Group 1769] Europe On Thursday, European markets ended the day in the red, reacting to a significant U.S. inflation report for February. The Stoxx 600 index dropped by 0.2%, reversing earlier modest gains. While media stocks rose by 0.7%, mining stocks declined by 1.4%. MARKET INSIGHTS Bitcoin and Ether's Rally: A Closer Look at the Recent Market Surge In early March 2024, the cryptocurrency market witnessed an extraordinary surge, with Bitcoin and Ether leading the rally. The financial world watched in awe as Bitcoin shattered previous records by soaring above $72,000, while Ether marked a significant milestone, achieving a new high for 2024 at $4,065. This surge reflects a confluence of favorable market dynamics, technological advancements, and evolving regulatory landscapes. [Read more](113/cXx8Z04/MWTwf_K1D4sW3qZ_BM6hF3lDW7RdXLG5bHFRDN1FQ0s62-ZVTW5BW0B06lZ3nGW332wvG7VZjYWW5nLMSx6kYrtnW7cdYmT8RwX5QW81Kzdh49d5FWW5dsCxQ5rWzvFVtBvsL59x7HyW5yp5m166wY5_W818C-V5MHghgW7cyWpj636dv6W7_BBz36Y8QYLW1fr2608CMXMSW2DtP4G8BtW0lW4d8Bbs3HCZldN4Lg4P03TmHFW3PjbbX7NkwMPW8Lwz3H5s0VF2W3z5pW35Gy1s9W5chz4t4TLl0qf4Wz6nC04) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. 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