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Your watch list. Power lunch starts right now. Let it go, let it go i am one with the wind and sky all right. Welcome to power lunch, everybody pap bit of a disney phied power lunch if i do say so im Tyler Mathisen stocks struggling for gains. The dow hit an interday record high, if it stays positive, ever so slightly negative now, dow up a sixth straight day i know you want to know about bitcoin. You want to know how its trading. Right . It is up on the bit stamp exchange, that could change, of course, before i finish speaking or we hit our first commercial break. Twitter on a tear, stock soaring to a oneyear high promise me, youll see it in a second in respect it is. Theres twitter going up up 93 or about 4. 5 . No major reason. Just twittering. Its twittering. Retail also rallying best buy, new alltime highs there. Michael kors highest record in two years and lululemon, oneyear high. Nike, tiffany also at new highs. Begin the h ....
Disney in the biggest acquisition in its history will buy most of 21st century fox for 52 billion in stock. It is a transaction that will reshape the media landscape. Disney already powerful in filmed entertainment and sports will become even more dominant after it folds in foxs film and tv production assets and its 22 Regional Sports networks. Its an offensive defensive play aimed at fending off the rise of Tech Companies like netflix, amazon and others that have turned hollywood upside down. Even though the deal was widely expected and first reported by cnbc last month, shares of both disney and fox were higher today. Disney the best performing stock on the blue chip dow index. Julia boorstin now on whats in the deal and why these two companies were eager to get it done. Reporter the mouse is buying the fox. Disney is spending 52. 4 billion in stock for foxs entertainment ....