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$DIS posted an increase in 3Q16 earnings, helped by higher revenues compared to 3Q15. Net income was $2.6Bil or $1.59 per diluted share versus $2.48Bil or $1.45 per diluted share last year. Revenue grew 9% from last year to $14.3Bil. Excluding certain items, EPS for 3Q16 grew 12% to $1.62 from $1.45 in the corresponding period last 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.