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TikTok's loss is Instagram's Snap and YouTube's gain.

The NASDAQ 100 Index isn't a particularly good investment.

We'll tell you why.

And how your tax return can help improve your investment plans.

This is Investing Insights.

Welcome to Investing Insights. I'm your host, Ruth Saldana. Let's get started with a look at your Morning Star headlines. T-Mobile is buying the parent company of MintMobile.

The cash and stock deal is worth up to $1.35 billion.

Mint co-owner and brand ambassador, Ryan Reynolds, will stick around in a so-called creative role.

The move keeps Budget Wireless provider Mint exclusively on the T-Mobile network, while keeping it out of the hands of competitors.

The companies have not released the financial details or how many wireless customers

mint's parent company has. Morningstar estimates it's about 1% of the US wireless market, given the

sales price. Other than some high margin wholesale revenue, Morningstar doesn't see major long-term strategic

benefits from the acquisition, outside of some creative marketing.

We are sticking to our $165 estimate of what we think T-Mobile shares are worth.

Riot Hailing and Delivery Services scored a a win in California where an appeals court upheld

Proposition 22.

Uber, Lyft and DoorDash can continue to classify drivers as independent contractors under the state's

law.

Morningstar believes the decision strengthens Prop 22 as a precedent for other states to follow.

The appeals court reversed a lower court ruling and concluded that Prop 22 was neither illegal

nor unconstitutional. However, it ruled restrictions on the state's legislators to make changes

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