Breaking down the psychology behind why print magazines and new financial products can be contrarian signals
(Bloomberg) -- Oil rose as investors weighed solid physical market signals against concerns that a global slowdown will erode demand.Most Read from BloombergBezos Slams Biden Over Call for Lowering of Gas PricesLong, Moderate and Painful: What Next US Recession May Look LikeUS Court Ruling May Take 70,000 Truckers Off Road, Spur JamsJPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russian CutGermany’s Union Head Warns of Collapse of Entire IndustriesWest Texas Intermediate futures rose above
Apple (NASDAQ: AAPL) is spending heavily on its Apple TV+ streaming service. While Apple's series and films have garnered critical acclaim, it's not clear its strategy is paying off to become a profitable service for the tech giant. While Apple hasn't released details on how many consumers are watching Apple TV+, one analyst estimates it has between 20 million and 40 million paid subscribers.