Looking for a Low-Risk Trade? You Need to See This

He quit his job as a high-powered attorney at the age of 37 and became a million-dollar trader. Now -- for the first time -- he's sharing his biggest secret... one he calls "profit windows." Discover how this simple 'trick' pinpoints trades for you that deliver gains of 116%... 137%... and even 227%... In weeks (NOT years).

Jeff Bezos-Backed Perplexity Reportedly Makes $50 Billion Move To Merge With TikTok, But Elon Musk's X Remains This Analyst's Favorite Bidder

Ananya Gairola
January 19, 2025

Jeff Bezos-backed Perplexity reportedly bid to merge with TikTok U.S. on Saturday, but Wedbush analyst Dan Ives hinted Elon Musk’s X could ultimately seal the deal amid rising speculation.

What Happened: On Saturday, Perplexity submitted a bid to ByteDance, TikTok’s Chinese parent company, to form a new entity that includes Perplexity, TikTok U.S., and new capital partners, reported CNBC, citing sources familiar with the matter.

The proposed merger would allow most of ByteDance’s current investors to maintain their equity stakes while improving Perplexity’s video capabilities.

See Also: MrBeast Unveils Mystery Box Giveaway To Celebrate Beast Games Episode 6 Release On Amazon Prime Video

The source estimates the deal’s value to exceed $50 billion, contingent on ByteDance’s shareholders’ decisions to stay or cash out.

Perplexity, a startup challenging Alphabet Inc.‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, saw its valuation soar from $500 million to $9 billion last year.

Subscribe to the Benzinga Tech Trends newsletter to get all the latest tech developments delivered to your inbox.

Why It Matters: Previously, Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk was considered a potential buyer, though concerns were raised about the impact on the EV giant.

TikTok, which went dark for some time later Saturday started restorning its services on Sunday. Donald Trump “most likely” plans to extend TikTok’s deadline by 90 days to facilitate a deal.

Source: Truth Social

Musk also took to X, formerly Twitter, and highlighted that while his social media app is not allowed to operate in China, banning TikTok in the U.S. would be “against freedom of speech.”

Before Trump’s statement about potentially extending TikTok’s deadline, Ives took to X and predicted that the 90-day window would be used to work on a deal with U.S. tech players, with Musk’s X being a likely candidate.

ByteDance has previously suggested it will not sell TikTok U.S.

Check out more of Benzinga’s Consumer Tech coverage by following this link.

Read Next:

  • OpenAI’s For-Profit Transition, Trump’s AI Advisor, And Google’s Code Red: This Week In AI

Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

Popular

South Carolina treasurer calls questions of his role in $1.8 billion accounting error a witch hunt

COLUMBIA, S.C. (AP) — South Carolina Treasurer Curtis Loftis said Wednesday that calls for him to resign over that left the state trying to figure out what happened to a $1.8 billion fund amounted to a witch hunt.

Nvidia faces a reckoning as an upstart rival raises questions about Wall Street's darling

NEW YORK (AP) — The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 billion in wealth to vanish. That’s about as much as PepsiCo, McDonalds, Starbucks and Target are worth, combined.

Hidden Gem in the Electric Boating Boom - Ad

The electric boating market is growing fast, and one little-known stock is perfectly positioned to capitalize. With cutting-edge technology and access to a $22 billion market, this could be the breakout opportunity of the year.

Dubai's ceaseless boom is putting strains on its residents

DUBAI, United Arab Emirates (AP) — — and some residents are starting to feel burned.

Elon Musk's Critical Metals Warning: What Investors Need to Know - Ad

Elon Musk has repeatedly warned about the looming critical metals crisis, calling materials like nickel, copper, and PGMs essential to Tesla's future. One Canadian discovery in Quebec is drawing comparisons to Russia's Norilsk Mine and has the potential to reshape global supply chains. With heavyweight backers and a fully funded exploration plan, this opportunity demands attention.

NASA's 2 stuck astronauts take their first spacewalk together

CAPE CANAVERAL, Fla. (AP) — NASA’s took their first spacewalk together Thursday, exiting the International Space Station almost eight months after moving in.

Microsoft reports 10% quarterly profit growth as it works to show AI investments paying off

REDMOND, Wash. (AP) — Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance its artificial intelligence technology.

Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad

The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.

Cathie Wood Dumps Tesla Stock Ahead Of Q4 Earnings, Ark Invest Loads Up On Amazon

On Tuesday, Jan. 28, 2025 Cathie Wood-led Ark Invest sold shares of Tesla ahead of its fourth-quarter earnings. Wood purchased Amazon shares on the same day.

Shipments of uranium ore can resume under agreement reached with the Navajo Nation

Shipments of uranium ore from just south of the Grand Canyon are expected to resume in February after the Navajo Nation reached a settlement with the mining company, clearing the way for trucks to transport the ore across the largest Native American reservation in the U.S.

The Next Big Opportunity in Electric Vehicles - Ad

The electric revolution is hitting the water, and one company is surging ahead with unmatched efficiency and groundbreaking tech. Positioned in a market expected to triple by 2033, This stock is making waves among smart investors.

Tesla, Meta, Microsoft, IBM, Nvidia: Why These 5 Stocks Are On Investors' Radars Today

On Wednesday, January 29, 2025, TSLA, META, MSFT, IBM, NVDA were among the stocks that dominated investor attention on the day Federal Reserve chose to keep the interest rates steady.

Elon Musk Is 'Kind Of Glad' Many Didn't Pick Up A Tesla FSD Subscription: Here's Why

Tesla Inc CEO Elon Musk said on Wednesday that the company will likely have to update hardware for customers whose vehicles are equipped with an older version of the AI hardware called Hardware 3, for it to achieve fully unsupervised autonomous driving with full self-driving (FSD) driver assistance software.

Say Goodbye to Trading Losses - Ad

Tired of losing? Pivozon MM4 EA is the solution! It's optimized for XAUUSD H1 timeframe, on high level ticks data from DukasCopy since 2016 till present. The main core is fixed SL/TP, low DrawDown under 37% and impressive WinRate above 60%. Pivozon avoids dangerous methods like Hedge, Grid, Scalping or Arbitrage. Enjoy over 100% yearly returns, and advanced equity and spread protections.

UK Treasury chief backs third runway at London's Heathrow Airport

LONDON (AP) — The U.K. government is backing the construction of a third runway at London’s Heathrow Airport, Treasury chief Rachel Reeves said Wednesday.

Tired of Losses? Try Gigapips! - Ad

Stop losing and start earning on Forex with GigaPips MT4 EA. This expert advisor avoids risky strategies like Grid, Hedge, Arbitrage or Scalping. With WinRate above 66%, DrawDown below 38% and yearly profits averaging over 100%. GigaPips is well optimized for XAUUSD H1 using high-quality tick data from DukasCopy since 2016 till present. Features include spread filters, slippage protection, and equity safeguards.

Bill Ackman Questions Whether DeepSeek AI's Hedge Fund Affiliate Profited From Nvidia's Sell-Off: 'A Fortune Could Have Been Made'

Billionaire investor Bill Ackman questioned whether DeepSeek's hedge fund affiliate potentially profited from Monday's tech stock rout, which saw Nvidia Corp. shares plunge 17% following the Chinese artificial intelligence startup's emergence as a potential disruptor.

Dan Ives Expects Meta And Microsoft To Stand Firm On $60 - $80 Billion AI Spending Plans Amid DeepSeek's Disruptive AI Model

Wedbush Securities analyst Dan Ives expects Meta Platforms Inc. and Microsoft Corp. to stand firm on their ambitious artificial intelligence spending plans during their upcoming earnings calls, despite recent market jitters over Chinese AI startup DeepSeek's emergence.

3 AI Stocks Tied to President Trump's White House Return - Ad

Trump's return to the White House coincides with AI's -- and Nvidia's -- continued boom. That's why the President is crucial to Michael Robinson's 2025 AI Blueprint. Michael is a 40-year veteran of Silicon Valley has an AI Blueprint featuring three companies working with Nvidia who could be poised to benefit now that Trump is back in the White House.

Fartcoin Loses Shine Against SHIB, DOGE, Plunges 50% In 7 Days: Is This A Prime Buying Opportunity?

Fartcoin (CRYPTO: FARTCOIN) has dropped significantly from highs set one week ago, but traders on social media remain adamant about the meme coin’s future prospects.

Judge Blocks Trump's Order To Freeze Federal Grant Money

A federal judge in the District of Columbia on Tuesday afternoon temporarily blocked an executive order given by President Donald Trump that imposed a freeze of all federal grants and loans, putting $3 trillion in funding in jeopardy and entire industries on edge. 

Crypto Stocks Surge Amid Market Boom - Ad

Crypto stocks are on fire as Bitcoin hits all-time highs. One under-the-radar company is leading the charge, managing $2.1 billion in client assets and seeing record trading volumes. With crypto adoption skyrocketing, this could be a game-changing opportunity.

Elon Musk's Tesla Records $600 Million In Paper Gains On Bitcoin In Q4 Thanks To New Accounting Rule

Electric vehicle behemoth Tesla Inc. (NASDAQ:TSLA) reported an unrealized gain of $600 million on its cryptocurrency holdings in the fourth quarter.

Lyft Faces Growing Competition, Bank of America Analyst Warns

Bank of America analyst Micheal McGovern reiterated a Buy rating on Lyft and lowered the price target from $21 to $19.

Live Demo: New Tech to Surpass AI? - Ad

I want to show you a free demonstration. Of one of the most incredible technologies you've ever seen. You'll be getting a peek at the cutting edge... A decade from now, you'll remember where you were when you saw this video.

Nvidia Says DeepSeek An 'Illustration' Of How New AI Models Can Be Created While Being Export-Control Compliant Amid $600 Billion Market Value Plunge

Nvidia Corp. has thrown its support behind China's DeepSeek R1 artificial intelligence model, calling it "an excellent AI advancement" even as the startup's emergence triggered a historic $600 billion plunge in the chipmaker's market value on Monday.

Everyone aboard an American Airlines jet that collided with an Army helicopter is feared dead

ARLINGTON, Va. (AP) — At least 28 bodies were pulled from the icy waters of the Potomac River after an American Airlines jet carrying 60 passengers and four crew members collided with an Army helicopter while landing at Ronald Reagan National Airport near Washington, officials said Thursday.

My TOP Altcoin for Right Now Is... - Ad

Searching for the top investment opportunity in crypto? Look no further. Our $3 report gives you the full scoop. You'll get this exciting token's name, our recommended investment strategy, and growth projections. Time is of the essence with this one...

Who can share seeds? As climate change and counterfeits hurt Kenyan farmers, it's a growing question

KIKUYU, Kenya (AP) — Tucked away in a lush, forested area of central Kenya's Kikuyu town, the National Seed Bank stands as a crucial safeguard for the future of the country's agriculture. Inside two chilly rooms of a government building, more than 50,000 seed varieties are cataloged and stored.

3 ETFs Shine As Trump's First Week Sparks Record Gains Followed By Tech Slump

The S&P 500 had a strong first week, with ETFs such as SPY, VOO and IVV seeing gains. Were Trump's economic policies a factor?

More AI Patents Than Nvidia, OpenAI and Tesla Combined? - Ad

Most people have no idea this company exists. That's because it's on the inside of your smartphone, your computer, and everything else... 99% of Americans don't even know its name. Billionaires have been buying this $50 AI stock hand over fist...

Meat and greet: Historic London market counting down the years

LONDON (AP) — Norman Gregory is an institution within an institution. He’s been working at the historic Smithfield wholesale meat market in central London since 1961, witnessing first hand the rapid transformation of the capital over the decades.

Robert Kiyosaki Predicts Yet Another Stock Market Crash, Pitches Bitcoin Investments -- Here's What The 'Rich Dad Poor Dad' Author Said

Renowned investor and author Robert Kiyosaki on Monday predicted a major stock market crash in February and advised investors to focus on Bitcoin (CRYPTO: BTC), gold, and silver.

Undervalued Stock Riding the $22B Electric Boating Wave - Ad

In a booming $22 billion market, one company is redefining electric boating with record-breaking technology and strategic partnerships. With production scaling fast and an innovative powertrain already in demand.

Tesla Stock Rises 5% After-Hours On FSD And New Vehicle Promises Despite Q4 Revenue Miss

Tesla Inc stock rose as much as 5% after hours over the company's promises of launching new and "more affordable" models in the first half of 2025, in addition to other promises regarding the deployment of autonomous vehicles and licensing of the company's full self-driving (FSD) driver assistance software to rivals.

Spain's leader wants the EU to 'make social media great again.' Here's how

DAVOS, Switzerland (AP) — Spanish Prime Minister is launching a crusade against what he sees as the downsides of .

"Trump Coins:" the Next Big Thing - Ad

Have you heard of "Trump Coins?" Even though these coins are associated with or endorsed by President Trump... Tech legend Jeff Brown believes his policies will help send these coins higher than anyone can imagine in 2025.

AI-assisted works can get copyright with enough human creativity, says US copyright office

Artists can copyright works they made with the help of artificial intelligence, according to a new report by the U.S. Copyright Office that could help clear the way for the use of AI tools in Hollywood, the music industry and other creative fields.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright priceactionea.net
Privacy Policy | Terms of Service