With a possible ban looming for the popular short-form video app, these stocks are set to gain as companies look to capture TikTok users' screen time.

Shares in TikTok competitors were little helped on Friday after the high court let the ban stand, indicating that investors are not convinced it will happen. Today, the United States Supreme Court announced its ruling to uphold the TikTok ban.

Oracle stock slumped as TikTok’s U.S. data host was affected by the prospect of a ban of the social media app, slicing $10 billion from Larry Ellison’s net worth.