Want to join the conversation?
$FOXA's OpEx in 2Q16 fell 11% from 2Q15, mainly due to the sale of the DBS businesses. Lower OpEx at the Filmed Entertainment segment of $300MM during 2Q16 also contributed to the decrease, mainly due to lower marketing costs related to motion picture productions and the disposition of Shine Group.
$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.