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Deutsche Bank analyst Ross Seymore questions about the Wireless segment's puts and takes of normal seasonality. The sharper seasonality of the classic Avago would probably have reduced. Earlier Wireless used to be 40% of classic Avago revenues, whereas today after combining with Broadcom, it represents closer to 30% of total revenues says $AVGO.
$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.