Masimo Corp. (MASI) shares fall as appeals court pauses Apple (AAPL) smartwatch ban
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Apple remains top tech pick, iPhone China demise narrative 'a great fictional story' - Wedbush
December 29, 2023 9:10 AM ESTWedbush analyst Daniel Ives said in a note to clients covering the tech sector on Friday that Apple (NASDAQ: AAPL) remains its Top Tech Pick.
Ives claims in the note that the "'iPhone China demise narrative' was a great fictional... More
Apple can temporarily sell smartwatches after US appeals court win
December 27, 2023 11:35 AM ESTBy Blake Brittain and Jaspreet Singh
(Reuters) -Apple can for now resume sales of its flagship smartwatches, after a U.S. appeals court on Wednesday paused a government commission's import ban on the devices imposed in a patent dispute over its medical monitoring technology.
The tech giant had filed an emergency request asking the U.S. Court of Appeals for the Federal Circuit to halt an order from the U.S. International Trade Commission (ITC), which had ruled that Apple had infringed the patents of Irvine, California-based Masimo.
A final decision could cost either company millions of... More
Apple (AAPL) wins bid to pause Apple Watch ban at US appeals court - Reuters
December 27, 2023 11:34 AM EST(Updated - December 27, 2023 11:37 AM EST)
Apple (NASDAQ: AAPL) wins bid to pause Apple Watch ban at US appeals court - Reuters
A U.S. appeals court paused a government commission's import ban on some of Apple's smart-watches following a patent dispute with Masimo Corp. (NASDAQ: MASI).... MoreMidday movers: Tesla, Coinbase, and more
December 27, 2023 8:11 AM EST(Updated - December 27, 2023 12:00 PM EST)
Investing.com -- Main U.S. indexes were largely unchanged Wednesday, stabilizing after recent gains during the last trading week of what has been a positive year.
Here are some of the biggest U.S. stock movers today:
Tesla (NASDAQ: TSLA) stock rose 2.2% with Bloomberg reporting that the electric car maker is preparing to launch a revamped version of its Model Y from... More
Apple’s iPhone Design Chief Enlisted by Jony Ive, Sam Altman to Work on AI Devices - Bloomberg
December 27, 2023 3:00 AM ESTApples iPhone Design Chief Enlisted by Jony Ive, Sam Altman to Work on AI Devices - Bloomberg
Outgoing Apple executive Tang Tan will join Ives design firm LoveFrom, which will shape the look and capabilities of the new products.Tan will lead hardware engineering at the... MoreApple's iPhone design head to work with Jony Ive at LoveFrom - Bloomberg News
December 26, 2023 7:51 PM EST(Reuters) - Apple executive Tang Tan, who led design for the iPhone and Apple Watch, is set to join LoveFrom, Bloomberg News reported on Tuesday citing people familiar with the matter.
Tan will leave Apple in February to work on a new artificial intelligence hardware project at... More
U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.43%
December 26, 2023 4:58 PM ESTInvesting.com U.S. stocks were higher after the close on Tuesday, as gains in the Oil&Gas, Consumer Goods and Industrials sectors led shares higher.
At the close in NYSE, the Dow Jones Industrial Average gained 0.43%, while the S&P 500 index added 0.42%, and the NASDAQ Composite index climbed 0.54%.
The best performers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ: INTC), which rose 5.21% or 2.50 points to trade at 50.50 at the close. Meanwhile,... More
Apple (AAPL) iPhone growth still under pressure in China - Jefferies
December 26, 2023 11:36 AM ESTApple's (NASDAQ: AAPL) iPhone growth is still under pressure in China, according to Jefferies analyst Edison Lee in a note to clients Tuesday.
The analyst explained that the firm's industry checks indicate China's most recent smartphone volume growth improved from a high... More
Biden administration decides not to overturn ITC's ban on Apple Watches
December 26, 2023 6:29 AM ESTThe Biden administration has opted not to overturn the U.S. International Trade Commission's (ITC) ruling banning imports of Apple Watches using contested blood-oxygen level reading technology.
Effective December 26, the ban arises from a complaint by medical tech firm Masimo (NASDAQ: MASI), alleging Apple... More
Apple files appeal after Biden administration allows US ban on watch imports
December 26, 2023 6:06 AM ESTBy Blake Brittain
(Reuters) -Apple on Tuesday appealed a decision to ban imports of its watches based on a complaint from medical monitoring technology company Masimo, after U.S. President Joe Biden's administration declined to veto a government tribunal.
The tech giant also filed an emergency request on Tuesday for the U.S. Court of Appeals for the Federal Circuit to halt the ban.
It asked the Federal Circuit to pause the ban at least until U.S. Customs and Border Protection decides whether redesigned versions of its watches infringe Masimo's patents, and to... More
Apple (AAPL) option implied volatility as share price near record high
December 26, 2023 4:43 AM ESTApple (NASDAQ: AAPL) 30-day option implied volatility is at 17; compared to its 52-week range of 16 to 43 as share price near record high.
... More