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In 2Q16, $PNC's commercial loans rose 1% vs. 1Q16 reflecting growth in large corporate and real estate lending. Avg. consumer loans fell by less than 1% linked-qtr. due to decreases in home equity and education lending, partially offset by growth in auto and credit card. Avg. total deposits grew $1.5Bil vs. 1Q16 driven by interest-bearing deposits.
$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.