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$BBY said in FY17 the company is targeting flat Domestic revenue for FY17 due to continued growth in appliances, connect home and in particular home theater. The company also said that the Enterprise non-GAAP gross profit rate rose 30 BP to 21.6% while the domestic non-GAAP gross profit rate rose 40 BP to 21.6%.
$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.