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During 2Q16 $RHT crossed two milestones 1) It exceeded $0.5Bil mark in quarterly revenue, for a run rate of over $2Bil annually. 2) It achieved an annualized run rate of $100MM from its CCSP program. $RHT reached this milestone due in part to the addition of new customers & the expanded utilization of RHEL in production workloads in public clouds.
$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.