Stock Market Update: Apple, Amazon, Alibaba, Altice USA, and PENN Entertainment Make Moves
Key events include a lifted sales halt for Apple, ad introduction on Amazon Prime Video, a lawsuit for Alibaba, a potential sale for Altice USA, and board changes at PENN Entertainment.
- Apple Inc.'s sales halt on two models of the Apple Watch has been temporarily lifted by a federal court due to an international patent dispute.
- Amazon.com Inc. announced that Amazon Prime Video users will start seeing ads on movies and TV shows starting next month.
- A judge ruled that Alibaba Group Holding Ltd. must face a lawsuit by a U.S. toymaker alleging the sale of counterfeit Squishmallows.
- French businessman Xavier Niel is reportedly interested in buying the Portuguese operations of Altice USA Inc.
- A top shareholder of PENN Entertainment Inc. wants to name directors to its board.
Washington Post 
Associated Press 