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$KLAC's 1Q16 GM increased to 57.9%, up 5% YoverY, primarily driven by favorable product mix, increase in manufacturing efficiencies and lower field service related costs. On reduced headcount and resulting lower employee related expenses, R&D expenses declined 16.4% YoverY.
$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.