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Bill Schmitz from Deutsche Bank probes on the sources & sustainability of North America Beverages (NAB) growth. $PEP said NAB has been dong a great job in terms of innovation. Execution has improved quarter-by-quarter. Gatorade, $PEP's sports drink, has done well, which helped growth overall. Also, foodservice is doing well, which was down earlier.
$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.