The new bundle, which combines Peacock, Netflix and Apple TV+, highlights a new wave of partnerships among streamers to gain more loyal subscribers.
Media executives have praised their competitors this earnings season, making one thing clear: the streaming wars have hit a ceasefire.
Netflix is back above the 50-day moving average and is showing an improvement in relative strength. Currently, Netflix stock shows a 91 Relative Strength Rating on a scale of 1 to 99. Sell to open the NFLX June 21-expiring put option with a strike price of 570, which recently traded around $6.60 per share.