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$MU said that it believes the DRAM industry bit supply will decrease to the low-to-mid 20% range in 2016 and could drop below 20% in 2017. This estimate is based on slowing technology-driven supply growth and no incremental wafer supply. For NAND, $MU estimates 2016 industry bit supply growth in the mid-to-high 30% range.
$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.