TikTok's 1st Ban

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.3 • 3.1K Ratings

🗓️ 18 May 2023

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Is Montana's move against TikTok a speed bump or the start of a trend? (00:21) Bill Mann discusses: - How Snap, Meta Platforms, and Alphabet are watching the latest act in the TikTok drama - Shares of Bath & Body Works popping 10% on its latest earnings report - Names for scented candles (14:15) As the retail landscape continues to evolve, Motley Fool contributor Rachel Warren talks with Anjee Solanki, Director of Retail Services at Colliers, about one category that's holding its own. Companies discussed: META, GOOG, GOOGL, SNAP, BBWI, DG, ELF, ULTA Host: Chris Hill Guests: Bill Matt, Rachel Warren, Anjee Solanki Producer: Ricky Mulvey Engineers: Dan Boyd, Kyle Carruthers Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	We've got TikTok and the latest on specialty retail.
0:08.6	Motley full of money starts now.
0:12.6	I'm Chris Hill, joining me in studio today.
0:22.7	Motley full of senior analyst Bill Mann.
0:24.3	Thanks for being here.
0:25.3	How you doing, Chris?
0:26.3	It's good to see you.
0:27.3	I'm doing all right.
0:29.4	A little bit of silliness before we start it.
0:30.9	All right, let's start with TikTok.
0:33.2	We talked earlier in the year about this influential private
0:40.2	company, the ripple effects for businesses like alphabet
0:45.0	and meta-platforms.
0:46.3	And the latest twist is that Montana has become the first state
0:50.0	to ban TikTok.
0:52.1	The enforcement appears to be a bit fuzzy.
0:54.8	It's going to take effect on June 1st.
0:58.1	I'm guessing there will be at least one other state or possibly
1:02.1	more who will follow suit.
1:04.2	But we talked about this earlier today.
1:06.7	I'm not sure where this is going.
1:09.6	I'm not sure how effective this is going to be.
	...

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