Want to join the conversation?
$FB 2Q15 Q&A: On a question asked by Anmuth of JPMorgan about Oculus effecting cost structure, David answered that it’s premature to give guidance in 2016. FB is still early with Oculus, haven’t announced any specific shipment volume plans. FB is investing on the R&D side on Oculus in 2015 and is factored into expense guidance for this year.
$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.