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UBS analyst Brent Thill asks why the operating margin guidance implies a slower rate of improvement. $INTU says that it is factoring in the effective ratable on the improvement increase of FY16 over FY15. For FY17, the company is putting an amount into the product itself to improve the product experience in the markets where it is focused.
$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.