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-0.000164717509471277 -1.49743190428279E-05 -0.00039681945463528 -0.000688818675970765 0.0002845120618139 0.000308171485901609 -0.00190922567796243 -0.0017669696470554
Stock impact report

ByteDance Is Quietly Printing $50 Billion--and Might Soon Rival Meta [Yahoo! Finance]

Meta Platforms, Inc. - Class A (META) 
Company Research Source: Yahoo! Finance
profit year, with the TikTok parent on track for roughly $50 billion in profit in 2025 after generating about $40 billion in net income over the first three quarters. The figures suggest the company has already moved past its own internal targets, potentially putting its earnings trajectory close to that of Meta Platforms Inc. ( NASDAQ:META ), which is projected to earn about $60 billion this year. While ByteDance has not disclosed updated revenue figures, it had previously aimed for about a 20% increase in 2025 sales to $186 billion, a level that would leave it just below Meta's projected revenue base. Warning! GuruFocus has detected 6 Warning Signs with ORCL. Is ORCL fairly valued? Test your thesis with our free DCF calculator. This financial progress is unfolding alongside ongoing regulatory pressure in the US, where the Biden administration has sought to restrict TikTok on national security grounds. According to an internal memo, TikTok chief executive Shou Chew told employe Show less Read more
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