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Stephen Byrd of Morgan Stanley asks about the weather-adjusted sales growth for residential and commercial. $D CFO Mark McGettrick said in 2Q16 residential sales were up 1.5%, data centers were up almost 21% and commercial customers, excluding the data centers, were down about 3%. He also stated that the industrial customers were down about 9%.
$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.