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$WDC said that its net CapEx was $241MM and the company declared dividends in the amount of $0.50 per share. The quarter closed with cash and cash equivalents of $8.2Bil of which approx. $1.3Bil was held in US. After the close of June quarter, the company utilized $3Bil to pay off the bridge loan.
$PYPL jumps 6% in after hours on strong results. I am bullish on this stock.
$TSCO stock remained active in the after hours trading and rose more than 2% after the retailer posted better than expected 1Q17 results.
Instagram has reached 700 million monthly active users. Looks like it will hit 1 billion soon. That would make it $FB’s fourth billion-user platform.