Want to join the conversation?
In 1Q17, $ORCL's Cloud plus On-Premise Software revenues were $6.8Bil, up 5% versus 1Q16. Cloud software as a service (SaaS) and platform as a service (PaaS) revenues grew 77% to $798MM. Total Cloud revenues, including infrastructure as a service (IaaS), rose 59% to $969MM from the prior year period.
$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.