28.05.2020 Apple Daily Analysis

28.05.2020 Apple Daily Analysis

Apple today is trading at $3128.11 it went up with $1.38 mainly because Apple has secured a deal for Hollywood veteran Martin Scorsese's next film, "Killers of the Flower Moon." "Killers of the Flower Moon" will star Leonardo DiCaprio and Robert De Niro. It is the second major film that Apple has acquired after "Greyhound," starring Tom Hanks, last year. The film will be labeled an Apple Original Film, and ViacomCBS Paramount Pictures will distribute it theatrically worldwide, according to reports from the Wall Street Journal and Deadline. This however made Apple shares go up because it beat rivals such as Netflix Inc that were also interested in producing the film, the WSJ reported.  "Killers of the Flower Moon" is an adaptation of the non-fiction book of the same name, by David Grann. The book is based on an FBI investigation into the killings of Native American Osages during the 1920s and this is good for Apple Shares.