$Bilibili Inc.(BILI)$  As part of our explainer series, Jea Yu helps investors understand the future direction of the S&P 500. The index is down over 17% for the year. Yu points out that many of the same factors that caused that decline will continue to be headwinds for the index in 2023. Chinese stocks have been among the biggest decliners, and Bilibili Inc. (NASDAQ:BILI) is no exception. BILI stock is down over 50% in 2022 but has rallied over 40% in the last month. Yu provides an overview of how the platform is similar and different from YouTube and how that may affect your investment decision. Yu also confirmed that the recent performance of Dave & Buster’s Entertainment Inc. (NASDAQ: PLAY) shows consumers are still willing to pay for experiences. As Yu points out, its recent acquisition of Main Event Entertainment may help the company build a bridge to a younger generation.