Apple antitrust suit nears
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 18 January 2024
⏱️ 7 minutes
🧾️ Download transcript
Summary
Show Notes
S&P, Nasdaq, Dow futures mixed with plenty of premarket data ahead
Plug Power discloses at-market stock offering of up to $1B, shares fall
Episode transcripts seekingalpha.com/wsb
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street breakfast, where we cover the top news for investors every morning and afternoon. |
| 0:12.8 | Good morning. Today is Thursday January 18th and I'm your host Kim Kahn. |
| 0:17.2 | I'm filling in for Julie Morgan who is back next week. |
| 0:20.0 | Apple could face a DOJ antitrust suit as soon as March. |
| 0:24.0 | Amazon looks to improve its remarkable Alexa for a subscription service. |
| 0:28.0 | J.P. Morgan CEO Jamie Diamond rips Bitcoin again. |
| 0:32.0 | Apple is facing yet another lead. CEO Jamie Diamond rips Bitcoin again. |
| 0:33.0 | Apple is facing yet another legal battle from global regulators. |
| 0:37.0 | The U.S. Department of Justice could bring an antitrust suit against the tech giant as early as March. |
| 0:42.0 | That's according to Bloomberg. |
| 0:43.2 | Though the suit is expected to come in Q1, timing could slip as the Justice Department's |
| 0:48.2 | most senior antitrust officials have not yet signed off. The probe would be centered around the restrictions that Apple has |
| 0:54.6 | allegedly imposed on its hardware and software that hurt competitors. Spotify has previously |
| 0:59.8 | filed an antitrust complaint in Europe and other companies such as Life 360's |
| 1:04.0 | tile which makes competing products to air tags and beeper have made similar |
| 1:08.0 | complaints. In addition, the US Appeals Court on Wednesday ruled that a ban on |
| 1:12.4 | imports of Apple watches with blood oxygen sensors would be reinstated. |
| 1:17.0 | They found no merits in the Tech Giants appeal over a patent infringement dispute with Massimo. |
| 1:22.0 | The ruling by the US Court of Appeals for the Federal Circuit |
| 1:25.8 | will lift the interim stay on the import ban of Apple watches on Thursday at 5 p.m. Eastern time. |
| 1:31.5 | The ruling also means that the affected Apple watch models cannot be |
| 1:34.5 | imported while the iPhone maker appeals the underlying ban issued by the |
... |
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