Why Microsoft wants to buy TikTok

TikTok is scrambling to keep its American presence alive, and Microsoft has emerged as a potential, albeit unlikely, savior.

News: What you need to know about the markets     Why Microsoft wants to buy TikTok TikTok is scrambling to keep its American presence alive, and Microsoft has emerged as a potential, albeit unlikely, savior. Read more »   Apparel companies are about to miss their critical back-to-school sales bump Among the many traditions getting canceled by the pandemic is the annual parental headache of back-to-school clothes shopping. That's bad news for many retailers. Read more »   Dwayne "The Rock" Johnson is part of the team buying XFL for $15 million Dwayne "The Rock" Johnson is teaming up with his ex-wife and a top sports management company to buy the bankrupt XFL football league for $15 million. Read more »   Kodak's 530% stock surge is dangerous speculation It's a Kodak moment for investor insanity on Wall Street -- and the enormous run-up in Eastman Kodak's stock is yet another example of the current market frothiness. Read more »   ADT stock soars 65% after $450 million Google investment Shares of home security business ADT rose sharply on Monday after the company announced a $450 million investment from Google. Read more »   Chipotle is using avocado pits as dye for its new sustainable clothing line Chipotle wants its customers to eat — and wear — its avocados. Read more »

Dow Nasdaq S&P +236.08   +157.52   +23.49 26,664.40   10,902.80   3,294.61 +0.89%   +1.47%   +0.72% YTD -6.57%   YTD +21.51%   YTD +1.98%

Biggest Winners Varian Medical Systems Inc +22.04%   Mckesson Corp +6.49%   Cardinal Health Inc +6.26%   Jacobs Engineering Group Inc +6.03% Biggest Losers Under Armour Inc -8.08%   Under Armour Inc -7.38%   Carnival Corp -5.84%   CBRE Group Inc -5.62%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $40.76 -0.25 / -0.61% Gold $1,993.30 +7.00 / +0.35% 10-yr 0.56% +0.03 Euro $1.18 -0.00 / -0.17%

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