Masimo (MASI) Announces USITC Issued Exclusion Order for Infringing Apple Watches, Finds Apple (AAPL) Violated Trade Laws

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Apple (AAPL) M3 could be a 'needle mover' says analyst - here's why

October 30, 2023 1:16 PM EDT

Investors are expecting little out of the Apple (NASDAQ: AAPL) M3 launch event today, but one analyst questioned whether it could be a "needle mover" for the tech giant.

Lynx Equity Strategies' KC Rajkumar told investors in a note Monday that they will be paying close attention to the event, with the Mac, long favored by content creators, being the "client machine of choice for Gen AI developers."

"Anecdotally speaking,... More

Masimo (MASI) issued 'significant win' in Apple Watch patent fight

October 27, 2023 6:56 AM EDT

Shares of Masimo Corp. (NASDAQ: MASI) gained 10% in early trading Friday after announcing the U.S. International Trade Commission found that tech giant Apple (NASDAQ: AAPL) violated U.S. laws by incorporating Masimo's patented light-based pulse oximetry technology in its Apple Watches. The commission has recommended a limited exclusion order for the infringing Apple Watches. The determination will now proceed to a 60-day presidential review phase, where the Biden administration will assess it.

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