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Menlo Park, California-based $FB said that total revenue grew by 52% YoverY to more than $5.8Bil and advertising revenue grew by 57% to reach more than $5.6Bil. The company also said that more than 1.59Bil people now use $FB each month and 1.04Bil every day. On mobile devices, the user base was more than 1.44Bil.
$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.