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Needham & Company analyst Rajvindra Gill questions $MU on which is more cost effective, the 3D on 32 layer vs. 20-nanometer on 2D NAND. CEO Mark Durcan says that the 3D 32 layer is cost advantage relative to 20-nanometer, even 60-nanometer. Through time, the market will appreciate incremental value and 3D NAND bits as well.
$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.