Apple is rallying after announcing a monthly subscription service for news (AAPL)

 

Apple shares are rising Tuesday after Bloomberg reported the company is launching a subscription news service. This is part of a broader effort to pivot its focus from devices to services. Apple stock got hit in late March, along with the broader tech sector, but remains up for the year. 

Apple shares are rallying Tuesday, up 1.5% at $178.46, after Bloomberg reported the tech giant is launching a subscription news service.

The service could

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