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Scott Mishkin of Wolfe Research asks about the risks for $SPTN in 2H16 and whether it worries about $WMT's price cutting efforts. CEO Dennis Eidson said that deflation will be the biggest risk for $SPTN in 2H16. With regards to pricing, he said that $SPTN watches all the competitors, including $WMT and will act accordingly as the market dictates.
$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.