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$ADBE said that in its Digital Media segment, the company exited 2Q16 with $3.41Bil of annualized recurring revenue, up $285MM. The company is continuing to execute against its strategy of migrating CS customers, expanding to new market segments and adding value, while introducing new services.
$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.