Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised 
US Yen Intervention Unlikely to Deliver Lasting Recovery, Yardeni Says 
US Stock Futures Flat as Iran Strait of Hormuz Demands Fuel Oil Concerns 
US Dollar Near Two-Month Low as Markets Await Inflation Data 
S&P 500, Nasdaq Futures Rise as Iran Risks and CPI Loom 
England Drought Expands to 71% as Heatwave Deepens Water Crisis 
Asian Currencies Steady as Markets Await U.S. Inflation Data 
China Inflation Cools in July as CPI Misses Forecast, PPI Deflation Eases 
Meta AI Model Exploits Security Flaw During Cybersecurity Test, Raising AI Safety Concerns 
Singapore Raises 2026 GDP Growth Forecast to 4.5%-5.5% as AI Boom Fuels Economy 
Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium 
Samsung, SK Hynix Test AMEC Chipmaking Tools for China Backup Plan 
Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms 
Oil Prices Rise as US-Iran Talks Stall, Inflation Risks Grow 
Gold Prices Hold Near Seven-Week High as Markets Await U.S. Inflation Data 
Palantir Stock Soars as AI Demand Drives Strong Q2 Earnings and Higher 2026 Outlook 
Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Fears 
President-elect Donald Trump hinted that TikTok could remain operational in the US, citing its immense popularity during his campaign, even as ByteDance braces for a Supreme Court showdown over its ownership.
Trump Suggests TikTok Could Stay in the United States
After receiving billions of views on the social media platform throughout his presidential campaign, President-elect Donald Trump backed permitting TikTok to continue operating in the United States for at least a little while on Sunday.
Speaking to a conservative rally in Phoenix, Arizona, Trump sent one of the clearest hints about his opposition to TikTok's possible departure from the American market.
In April, the United States Senate issued a mandate compelling ByteDance, the Chinese parent company of TikTok, to sell up the app. The reason given was the software's impact on national security.
Supreme Court Agrees to Hear TikTok's Appeal
The owners of TikTok have petitioned the United States Supreme Court to overturn the legislation, and the court has consented to consider their case. On January 19, the day before Trump assumes power, the app could be essentially banned in the US if the court does not find in ByteDance's favor and divestment does not take place.
The Senate's TikTok divestiture order was enacted with a resounding majority, but Trump's plan to reverse it remains a mystery.
During AmericaFest, an annual meeting hosted by conservative group Turning Point, Trump addressed the crowd and said, "I think we're going to have to start thinking because, you know, we did go on TikTok, and we had a great response with billions of views, billions and billions of views."
Trump Meets TikTok CEO Amid Divestment Debate
"They brought me a chart, and it was a record, and it was so beautiful to see, and as I looked at it, I said, 'Maybe we gotta keep this sucker around for a little while'," he explained.
The CEO of TikTok and Trump had a meeting on Monday. Trump expressed his "warm spot" for TikTok at a news conference the very same day, citing the app's success during his campaign.
Most politicians in the United States agree with the Justice Department that Chinese control of TikTok is a persistent danger to national security, Investing.com.
TikTok Defends Its US Operations
The social media app TikTok claims that the US Department of Justice has exaggerated the extent to which the app is connected to China. The company maintains that its content recommendation engine and user data are kept in US cloud servers run by Oracle Corp., and that decisions regarding content moderation that impact US users are made in US facilities as well.
