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$QCOM expects amortization expense related to intangible assets and acquired in-process research and development, beginning upon the expected completion of the underlying projects, to be $727MM, $593MM, $550MM, $515MM and $445MM for each of the subsequent 5 years from FY16 through FY20, respectively, and $912MM thereafter.
$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.