4 days ago
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Posted On: October 13th 2026, 04:33 pm
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Meta has banned TikTok’s owner, ByteDance, from running ads on Facebook, Instagram and its other apps in the U.S. and six other countries. “We don’t have to run ads from a competitor whose goal is to pull people off our apps,” a Meta spokesperson said.
Meta’s stock barely moved on the news itself, but it has jumped about 7% so far this week, adding more than $120 billion in value. Investors are betting on its AI push ahead of earnings later this month.
Traders predict a 66% chance that Meta will hit $800 in October.
Follow @polymarketmoney for breaking finance news & updates.
Trading Is Risky. 100% Loss Can Occur. US Users: Featured Market Not Available; Informational Use Only.
Meta’s stock barely moved on the news itself, but it has jumped about 7% so far this week, adding more than $120 billion in value. Investors are betting on its AI push ahead of earnings later this month.
Traders predict a 66% chance that Meta will hit $800 in October.
Follow @polymarketmoney for breaking finance news & updates.
Trading Is Risky. 100% Loss Can Occur. US Users: Featured Market Not Available; Informational Use Only.
Comments (56)
2 days agomoosepaid
isn’t this anticompetitive? i smell a probe coming… there’s plenty of muse ads on tiktok
2 days agolongliveseyan
People prefer to give their data to the Chinese rather than the USGov what it really boils down to .also Fb is boring af, FB & IG dms are not private .. so I don’t blame people deleting meta crap off their devices
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