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$RHT FY15 10-K: Sales and marketing expense was $728.4MM, an increase of 21.8% or $130.5MM from $597.9MM in FY14. Research and development expense was $367.9MM, an increase of 15.9% or $50.6MM from $317.3MM in FY14. General and administrative expense was $170.1MM, an increase of 11.6% or $17.6MM from $152.4MM in FY14.
$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.