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In 3Q16, $CSCO's revenue fell 1% versus 3Q15, with product revenue falling 5% while service revenue fell 11%. Americas revenue decreased in the quarter, mainly due to lower product revenue in the US EMEA revenue decreased due to product revenue declines in Russia and the UK. APJC segment revenue increased led by product revenue growth in China.
$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.