
When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
Apple TV+ will no longer offer one year of free subscription to anyone who bought an Apple product — an iPhone, iPad, or Mac. The interesting fact is that most Apple TV+ subscribers are still on the free trial and it’s unclear whether they agree to pay for Apple services or not. So, this situation will be a test for Apple.
Unlike other streaming services such as Netflix, Disney+, Amazon Prime, Apple has less content in its platform – nearly 90 original TV shows and movies. Netflix and Amazon Prime have more than 1000 licensed and original videos. Apple has another approach: it doesn’t buy media companies as Amazon does, nor it licenses any non-exclusive shows. Every show or movie is original and fully financially backed.
Although it has some incredible popular shows, Apple TV+ needs to create more content to become a large profitable sector for the company. However, it’s a part of the Apple ecosystem and customers are used to it. Apple TV+ as all other Apple products offers the highest quality and unique features. For example, spatial audio works like advanced surround sound, which is supported only by Apple products. Another example is a Dolby HDR standard that produces better image quality. So, from a long-term perspective, it has the potential to grow.
First, let’s look at the daily timeframe. Apple is moving inside the ascending channel. It’s approaching the key resistance level of $137.00, which the stock has failed to cross several times. Thus, it may reverse down from it. Besides, the RSI indicator gets closer to the 70.00 level, signaling the stock will become overbought soon. However, after a short pullback, the stock is likely to rally up further to the all-time high of $145.00.
Don't know how to trade stocks? Here are some simple steps.
When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
On Wednesday, September 22, Microsoft will be holding a product launch. The event starts at 18:00 GTM + 3.
The Japanese yen fell to its lowest level against the US dollar in 33 years. Read the full report to learn the next target for USDJPY!
The US stock market fell in the third quarter. What's going on and why economists think that the last quarter will be better? Let's discuss it all here.
BlackRock CEO forecasts the Fed may have to raise rates further. The US dollar index (DXY) gains 130 points today. Read the full report to get more fresh news and technical analysis!
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