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CEO Steve Milligan said computer usage continues to shift from PCs to mobile devices and enterprise workloads are moving increasingly to cloud-based architectures. After completing the acquisition of $SNDK, $WDC will be better positioned to address and capitalize on these changes and opportunities, he added.
$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.