Netflix (NFLX) surge may be tied to Apple rumors

March 23, 2023 10:10 AM EDT

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Today's surge in Netflix (NASDAQ: NFLX) may be tied to vague rumors of a streaming deal with Apple (NASDAQ: AAPL). Rumors are vague and no specifics have been released.

Earlier, Bloomberg reported Apple plans to spend $1 billion on films for cinemas.

Shares of NFLX are up 8.6%.

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