The recent drop in stock prices of technology companies has become a significant event in the financial markets. The Nasdaq 100 index, which includes the largest tech firms in the U.S., recorded a decline of 3.4% as of 10:55 AM in New York, highlighting the seriousness of the current situation.
TikTok, the popular short-video platform, has reappeared in the US app stores of Apple $AAPL and Google $GOOGL following a temporary removal driven by new security legislation and political decisions. The platform’s comeback is intertwined with recent policy maneuvers aimed at addressing national security concerns and managing foreign tech influence in the United States.