Founder and CEO of Masimo, Joe Kiani addresses a press conference in Bangalore on January 2, 2017. Manjunath Kiran | Afp | Getty Images Billionaire Masimo founder Joe Kiani, best known for his successful legal fight against Apple and his friendship with President Joe Biden, has borrowed against half of his $660 million stake in … Read more
Stock market volatility is ramping up, and some companies slated to report earnings this week could see some sharp moves. The equity market is coming off of a tough slide last week — when the Dow and S & P 500 saw their worst weekly performances since last year — as concerns about persistent inflation … Read more
Joe Kiani, CEO, Masimo Scott Mlyn | CNBC Health-tech company Masimo, best known for its successful patent litigation over the Apple Watch, is facing a proxy fight for the second time in two years — from the same activist investor who now sits on the company’s six-person board. Quentin Koffey’s Politan Capital, a roughly 9% … Read more
The Apple Inc. iPhone 8, Airpods, and Apple Watch sit on the AirPower charger during an event at the Steve Jobs Theater in Cupertino, California, U.S., on Tuesday, Sept. 12, 2017. David Paul Morris | Bloomberg | Getty Images Apple will remove the blood oxygen feature from its latest Apple Watches, a move that will … Read more
Apple smartwatches ads are displayed as customers take a look at smartwatch accessories at the Apple store in New York, U.S., December 26, 2023. Eduardo Munoz | Reuters Apple will be able to sell the latest Apple Watches after an import ban was temporarily paused by an appeals court on Wednesday, in a major victory … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) on the first day back since the Christmas holiday on December 26, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings … Read more
A new Apple Watch Ultra 2 is displayed during the ‘Wonderlust’ event at the company’s headquarters in Cupertino, California, U.S. September 12, 2023. REUTERS/Loren Elliott Loren Elliott | Reuters U.S. President Joe Biden’s administration on Tuesday declined to veto a government tribunal’s decision to ban imports of Apple. Watches based on a complaint from medical … Read more
An Apple Watch Ultra 2 device is displayed for sale at The Grove Apple retail store on release day in Los Angeles on Sept. 22, 2023. Patrick T. Fallon | AFP | Getty Images Apple has stopped selling the Apple Watch Series 9 and Apple Watch Ultra 2 smartwatches on its U.S. website, CNBC checks … Read more
Apple Watch Ultra 2 is seen as people lined up to buy the newly launched iPhone 15 and other Apple products outside of the Apple store in Palo Alto, California, United States on September 22, 2023. Tayfun Coskun | Anadolu Agency | Getty Images Apple has lost a bid to delay an impending Apple Watch … Read more
Traders react after the closing bell on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 13, 2023. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, … Read more
