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Sunnyvale, California-based $YHOO expects 2016 revenue to be in the range of $4.4-4.6Bil. The company believes its strategic plans to simplify the company by realigning the business and reducing the current workforce by 15% will result in savings in short term operating expense of $400MM in 2016.
$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.