King Google trumps Disney, Facebook

Today we discuss King Google, Snapchat's billions, and Goldman Sachs playing nice.

Stocks (^DJI, ^GSPC, ^IXIC) are slightly up at the midday mark, as traders have likely headed to the beach early this holiday weekend. Health care (XLV) is in the lead, with with energy (XLE) in the red. Keith Bliss of Cuttone & Co. joins us live from the New York Stock Exchange.

To discuss the other big stories of the day, Nicole Sinclair is joined by Yahoo Finance's Seana Smith and David Nelson, chief strategist at Belpointe Asset Management.

Google's Alphabet is still the king of all media

Google’s parent company, Alphabet, continues to be on top of the media world. Alphabet brought in $60 billion in “media revenue” in 2014, according to a new report by media agency Zenith. That’s well above second place Disney, which brought in $22.5 billion.

Snapchat valuation bumped up to $18 billion

More money is flooding into a popular tech unicorn. Snapchat raised more than $1.8 billion in an investment round that lasted just over a year. Several new investors are valuing the company at $18 billion, compared to $16 billion last year.

Goldman Sachs to stop ranking employees

Goldman Sachs is changing the way it reviews its almost 37,000 employees. Starting next month, the company will no longer rate a worker with a "1 to 9" system, but instead will give and receive feedback on their performance. This is the latest move by a top bank in hopes of making finance jobs more appealing to younger workers.

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