• Bloomberg

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Roku Inc. and Netflix Inc. rose ahead of a highly anticipated event Monday afternoon where Apple Inc. is expected to unveil a video-streaming service.

Analysts have speculated that Roku, a platform for streaming services, could be a beneficiary from Apple’s entry into the space. Meanwhile, Raymond James kept its strong buy rating on Netflix, saying media reports about Apple’s service suggest it “does not appear that different than others, and thus is unlikely to change the competitive landscape.”

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