Bloomberg Market Wrap 2/5: S&P 500 Support, Snap, Disney

The video discusses the S&P 500's recent performance, highlighting a sideways trend and the battle between Bulls and Bears. It then shifts to Snap Inc., examining its stock decline since its IPO and the challenges it faces, including competition with Instagram and leadership changes. Finally, the focus turns to Walt Disney, analyzing its acquisition of 21st Century Fox assets and the launch of its streaming service to compete with Netflix, emphasizing the financial implications and strategic patience required from investors.

What are the implications of Disney's acquisition of 21st Century Fox?

How does the competition with Netflix affect Disney's strategy?