Jim Cramer is at it again, using his Twitter feed to drop his hot take on the Congressional hearing featuring TikTok CEO Shou Zi Chew's testimony in defense of the app's data practices.
"How many of the 150 million users of TikTok vote?" Cramer asked his Twitter followers on Friday, March 24th. "It doesn't matter if they're 'deprived'. They will just go to an improved [Instagram] Reels," he claimed. "Still one more reason to own Club favorite [Meta Platforms] (META)."
DON'T MISS: Social Media Reacts to TikTok CEO’s Shaky Attempt to Avoid U.S. Ban
Commenters were quick to point out Cramer's obvious attempt to pump Meta stock. The financial pundit has been very up-front about his stake in the social media company -- though his support for Meta has wavered in the past.
Several other commenters saw Cramer's support of the stock as the cue to short-sell. But so far, Meta has stayed steady since Cramer's tweet.
The comment section of a social media post is rarely where you find the spark of radical action -- it's mostly just trolls having a good laugh. But on TikTok, many creators are advocating for their professional livelihood.
One of TikTok's most beloved #NewsTok journalists, underthedesknews, sat in on the Congressional hearing. They're one of the "five million business owners on this app" who might disagree with Cramer's claims that Instagram Reels is a similarly profitable platform.
View the original article to see embedded media.
