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$RHT, which competes with $ORCL, $MSFT and Novell, Inc., said it expects operating income to grow by 14-16% with an operating margin of approx. 23.2%. For FY17, the company plans to add approx. 1,400 net new associates or 16% headcount growth, which is down from the 20% headcount growth in FY16.
$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.