Bob pisani is standing by with more. Bob . We gapped up about 1 on the s p at the open and we have stayed up. Lets call it steady as she goes. The same situation in europe. Germany will close in about a half hour. Let me show you how ger germany has been trading throughout the kay. The whole european system up 3 to 4 . Half an hour left to german trading here. In the u. S. 5 to 1 advancing to declining stocks. Its been that way throughout the day. Take a look at the markets in the middle of the day. Banks leading as we got the tenyear yields moving to the upside. Tech and energy also strong. The dollar has been weaker. Oil is up. Health care also leading. Take a look at the big banks. Remember, even here in the u. S. Banks are down for the month. Its been rough with the low yields we have been dealing with. But nice bounces back here, 2 and 3 in all of our group. Defensive names, we saw utilities and telecom rally in the last few weeks. Those are modest losers today. Not surprisingly somewhat overbought, shall we say, in the current environment. Finally, want to note the vix hit 22 the fear index hit 22 back on thursday and thats now essentially reversed. We have come almost round trip here with the vix sitting near 17. Was over 16 a short while ago. So important thing here is we were at 2050 on the s p on thursday. We are knocking on the door of 2100, a 50point move in less than two days. Quite a move quite a move in just two days. Indeed it is. Thanks. A wild weekend for disney. A wet wild weekend, i should say. The company is setting a Box Office Weekend record with finding dory bringing in 136 million in the u. S. And canada alone and millions tuning in for last nights game seven thriller to watch lebron james take the title to cleveland. This is the highest rated nba final since 1998. A finals i remember well. I was a senior in college. Michael jordan and the bulls. There will be lots of debates about lebrons greatness from here on out, but not a lot of debate about the great weekend disney had. What does it mean that they can turn in these kind of ratings and this kind of movie performance at the same time . Traditional media works. People still want to go to theaters and watch live television. All this sort of doom and gloom around cinema sales not working and people cutting the cord this is one of those bright spots. I think its a nice takeaway. The other thing for me when i was watching the game the first thing i did was log on to twitter and see what people are saying, do my own little thing. Theres a tack on there that hasnt been made clear in terms of opportunities for twitter or facebook or whatever it might be. Does this make sort of social media and mobile a sidecar to the traditional media main event . I dont think so. I think it actually contributes to it. Ed talked about twitter while watching the game. If you look at the dory numbers, it has 25 million facebook followers, more than Mickey Minnie or any other disney character. You could say it dwarfs other disney characters. Ill be here all week. This reiterates the case for tv but espn is hawking the fact that 96 million minutes were streamed, they had almost 600,000 viewers per minute on the digital platform the watch espn app. What does it mean that people are increasingly watching the games through that app as opposed to the traditional way . I think this whole concept which has been around for years and years now is finally becoming part of the mainstream business sort of strategy. They want to make sure it was always hard to get. You had to authenticate in really weird ways. Its still not easy but they are making it easy therefore the audience is coming. Anyone who doesnt have traditional cable or is thinking about getting smaller bundles, the point is we want to be there for you. Espn we want to be where all these sort of people are online and i think its happening. Is this good news for twitter considering the nfl deal they have got coming . People clearly want to watch this stuff. They want to be online they want to be social while theyre watching. Is there an opportunity for twitter if they can figure out the right way to merge those two . 100 . I love that they have the actual rights to the nfl. I think if they can really be the supplement to television that they should be they are the live social Media Television is becoming the live events whether they are the aacademy awards or tonys or sporting events, thats where magic happens. If twitter can morph those two it could be powerful. The journal did a lengthy profile about marissa myer at yahoo . You mentioned this deal twitter has made for the nfl. Is there a price too high to pay, yahoo in part was criticized for how high it paid to air an nfl game. Is it worth it for some of these companies who need to stay focused on making sure their core metrics are working . There is but there are so man things to factor in. The game itself the leadin to the other programming, also your ability to promote other programs on the network. Actually, if you look at jimmy kimmel which was after the game last night, it had the highest rating ever in the history of the show 4. 8 million viewers. That just shows the power of a leadin and that you have to factor that into the calculation. Ultimately its about live. Thaps thats the key thing. Advertisers love to spend on television because of the live audience. Thats what twitter and facebook are trying to emphasize they have as well. Facebooks annual Shareholder Meeting is coming up in a couple hours. What is up for debate what can we expect . Lets use julia borson who joins us from redwood city california, where the meeting will take place in about three hours. Reporter thats right. On the agenda at facebooks annual Shareholder Meeting is reelecting all of facebooks board and adopting a new class of shares to allow Mark Zuckerberg as long as hes running the company to maintain his voting control. The introduction of new cclass shares, he would maintain control as he slowly sells shares to fund his Charitable Initiative and the Company Makes acquisitions or gives shares to employees. Since he controls about 60 of the voting shares at facebook, what he wants,get. This despite facebooks soaring stock, up about 40 in the past year. Not all shareholders are so happy with zuckerbergs plan. Iss and glasslewis impose the establishment of a new class of nonvoting stock and both firms also object to the reelection of certain Board Members. Iss only approves of hastings and teal saying other Board Members support the new share structure. Northstar Asset Management has also come out against the multiple classes of shares saying that the structure quote, the shareholders who own the most stock outsiders have no say in issues affecting the company. We will have to see if any shareholders bring up the recent controversy but board member peter teale backing a lawsuit against gawker that Sheryl Sandberg told me she and the Company Support his role on the board. We also have to talk about facebooks push into live streaming. Variety reporting the company will stream a live production of disneys newsies next week. The show will last about 20 minutes. Its the first major production house to choose Facebook Live for a musical. About 50 Million People subscribe to disneys facebook page. I suppose disney is hoping to pick up a few more subscribers with a move like this. Its described as a way to try to get people to come see the musical. What are the newsies . Newsies . What are they . You dont know the newsies . I have no idea what they are. Disney film about turn of the century newsboys selling newspapers on the streets in the city. Where you been . I know. I havent seen hamilton. Beautiful by carole king is wonderful. Facebook are really courting their creators. They want live to work for them so they are getting celebrities now, Big Media Companies to be involved and also publishers use the live product as a way to [ inaudible ]. I think the other side to this is at what point does this turn into another carriage deal like the way cable works. Got live video, im producing it, what do i get from you in exchange aside from this is a new experimental thing we want to make sure we are hitting the audience. Kayla . Its pretty obvious that disney is cherrypicking one of its properties that has i guess the best cult following. Kelly aside, i grew up on newsies and i think many people in my generation remember newsies. I saw it on broadway i still listen to the sound track on on demand, when you need a pickmeup, the songs are so uplifting. Its a phenomenal musical, but there are a lot of people who have become disenchanted by facebook who maybe are disillusioned by the fact their parents, relatives, facebook is aging in a sense. That would be drawn back to the platform because this is something from their childhood that they want to participate in. Wow. Rubbing the cultural relevance in your face. Im a classic counter indicator. Watch out. Im wearing apple watch right now. This is an interesting point, also because is this all about trying to find the passionate people who will follow that content and then knowing you can kind of immediately maybe get those people on to the platform . Yeah. I think it makes a ton of sense for millenials to bring them back into facebook as a passionate audience. I think we will see a lot more of this to come. Before we head to break, we want to talk about what is going on in cannes. You have that International Film festival there. Of course theres lots more going on. You will bring a number of guests. Kayla . Jon, it is such a phenomenal conversation that is happening here at cannes. If you have a business that marginally touches the Advertising Industry chances are you are here. This is where everybody in technology, advertising media, as these worlds converge are meeting together. While publicly it markets itself as a conference its really about the back room deals, the meetings these partners take the deals they hammer out behind closed doors, and there are a lot of them. Im told that you could see some announcements from can nes here this week. Thats why twitter, google facebook, hulu, spotify, microsoft, pinterest, the list goes on and on for companies putting their stamp on here. Even anna wintor is here. Meanwhile, we caught up with media executives earlier today, trying to get their thoughts on the big conversations and the hot topics here. Im here because everybody else is here. Everybody in media and advertisingadvertise ing is here and i like to say you can get 30 mediums in three days that it would take you three months to get set up in new york. It began as a play ground for creatives. Then the media folks showed up. Then the clients showed up. Then the Technology Companies showed up. Now the broadcast and traditional Cable Companies are showing up. The large print players are all here. Its everyones here now. I think messaging platform will be one of the breakthroughs in terms of all media this year. Everybodys going to go on to messaging which will drive it. So messaging, virtual reality, live video. Those are the three big topics that everybody is talking about. Thats what a lot of the panels center on and thats what a lot of the conversations are centering on as well. We will talk to a representative of vox later on as west as Tim Westergren. If this were a postcard it would say wish you were here. Thats the only thing thats missing. Except im sure youre glad to be there with us or without. Looking forward to the great coverage coming from you. Ed lee, john broad, thanks for being with us on squawk alley. Still to come linkedin launching its first list ranking Top Companies in the world where people want to work. Youll never guess who is at number one. Plus a cnbc exclusive. Pandoras cofounder sits down with Kayla Tausche later this hour. He talks about how he is taking on spotify and apple. And it is green across the board in the markets today. U. S. Stocks up triple digits. The dow up 228 points as we head to break. New polls saying the uk now less likely to leave the euro zone. Investors are cheering that news. Thank you. Ordering chinese food is a very predictable experience. I order b14. I get b14. No surprises. Buying Business Internet on the other hand, can be a roller coaster White Knuckle thrill ride. Youre promised one speed. But do you consistently get it . You do with comcast business. Its reliable. Just like kung pao fish. Thank you, ping. Reliably fast internet starts at 59. 95 a month. Comcast business. Built for business. Linkedin launching its first ever list ranking the Top Companies in the world where people want to work. Cnbc is in San Francisco with that report. Reporter well the top ten and the entire list in fact is dominated by big household tech names like google and amazon to uber and air bnb. The list of top attractors was built on hard data so billions of actions of linkedins more than 430 million members. Not surveys. So these are the companies that job seekers are clicking on and according to this list they are most interested in the cream of the crop the biggest and the most buzzy names in the tech world. In the u. S. Google is number one. That may or may not be a surprise. But its followed by sales force, facebook and amazon. Besides all being big tech heavyweights they also have a few other things in common like some of the most recognizable ceos in the world. Larry page Mark Zuckerberg jeff bezos, the names that dominate the top of the list. That perhaps suggests that people appreciate founders that stay with and grow their companies. Another thing that the top attractors have in common they are appreciated by the market as well as the work force. Over the last five years, take a look at those numbers. The top five have all at least doubled their share prices. Amazon has nearly tripled, now compare that to the s p return over the same period of about 65 . Bottom line here is that the top attractors are also top performers. That pattern, it also holds when it comes to a lot of the nontech names in that list. Under armour has notably more than tripled its share price over the last five years. Far outpacing rival nike who by the way, was not on this list. Starbucks is another example. The ceo and market darling over the longer term. So there are some interesting exceptions and we will get into those later in the day as we continue to digest this list and lo at where people most want to work. There you have it. These are based on clicks not surveys, not asking people where they want to work. Based on what people are actually looking at on linkedin. Really interesting stuff. Especially sales force, given that its market cap is around 55 million. Smaller certainly than a lot of the other tech giants. Thank you for that report. They always say flows follow performance in these markets. Apparently people follow performance, too. Coming up we are keeping you up to speed on this mornings triple digit rally in the dow. The dow is up off its highs but still up 227 points the nasdaq also the strongest performer in the group with just two hours into the trading day. Later, a cnbc exclusive with pandora founder and ceo Tim Westergren live from the cannes lions ad festival in france. At angies list, we guarantee a fair price, quality service, and that what goes down doesnt always come back up. [ toilet flushes ] so when you need a plumber we can help you get the job done right, guaranteed. Get started today at angies list. Welcome back to the French Riviera where cnbcs coverage of the cannes lions festival continues with the ceo of vox media. Great to see you. Great to be here in cannes. What do you get out of this festival . First of all, theres so many people who we work with who are here. Its kind of onestop shopping for meeting with people for the first time and meeting with a whole lot of friends and partners who we have seen year after year. What gets done though . Drink a lot of rose. We get a lot of work done too. Sometimes its just to catch you and get up to speed on what everyones been doing. Sometimes we do business deals, we form partnerships announce partnerships. Its great. Everyones here. You have to be here. You were telling us that you are having conversations with all of the over the top platforms trying to find new ways to not only promote vox content but figure out new content that you can deliver. How are those conversations going . What should we expect . At vox media we are building brands like curb and re code and the verge and sb nation, eight in total. They are full media brands. We started off on the web and now the big push is video. We are distributing video and creating video for all sorts of platforms, youtube, facebook snapchat. But we are not limiting ourselves. We are going to ott, too. We have a Great Partnership with Nbc Universal and are doing great things with them. We announced a partnership with a e networks and their fyi brand with our curb brand, and we are talking to the others too. We wont announce anything here unfortunately, but we have got a lot of things in the pipeline. Snapchat facebook twitter, those Companies Like to tout live, now. The only place that you can do it. But which of those platforms do you actually find to be the most beneficial for what youre doing . We have seen some really big numbers both on facebook and on snapchat but i would still characterize it as the experimental phase where we are trying to figure it out. We have had some big success with the filibuster last week for instance. Our vox. Com brand had hundreds of thousands of people enjoying this live experience together and you can see the power in that. But to say that anyone has figured it out the way you have figured out how to do Live Programming on your Linear Network still learning. Still learning. Its a great lear