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Morgan Stanley analyst Stephen Byrd questions about the storage business. $AES says that it sees continued reduction in costs. The cost of batteries have come down 80% in the last five years and the company is projecting an additional 50% in the next five years. Regulatory actions are slowing down the business.
$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.