Following the upholding of legislation by a federal appeals court that mandates China's ByteDance sell TikTok or face an effective U.S. ban, Meta shares resumed their extended surge on Friday, rising 2.4% and closing at a record. After nearly tripling in 2023, the parent company of Facebook has increased 77% this year, bringing Meta's market value to about $1.6 trillion. Amazon, up 49% this year, finished at an all-time high on Friday along with Meta.