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Glenn Novarro of RBC asks about $JNJ's unrealistic valuation expectations. $JNJ said that in certain ares of the market valuations are still high. They are coming down in biotech in particular & in some other areas like med device etc. Things will get better as time goes on & the company will look for the right opportunity at the right valuation.
$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.