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$AMAT said its new orders were $3.66Bil in 3Q16, up 6% sequentially and up 26% YoverY. Backlog of $4.95Bil was up 19% sequentially and up 60% from last year. The company generated $981MM in cash from operations, paid dividends of $108MM and used $196MM to repurchase 9MM shares of common stock at an average price of $21.88 in 3Q16.
$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.