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On the brand revenue side, for 1Q16, $NKE's Equipment and Global Brands divisionâ??s revenue declined while Footwear and Apparel revenue was up YoverY. Converse revenue was up 3% on a currency-neutral basis, mainly driven by strong growth in the US, partially offset by a decline in UK.
$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.