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$IBM said its expense was up significantly in 1Q16, driven by charges for the actions to accelerate the transformation of its business. The company added that these charges impacted pre-tax income by $1.5Bil and pre-tax margin by 8 points in the quarter.
$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.