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Tech giant $IBM said that it plans to acquire EZ Legacy Ltd., an Israel-based application discovery company. This deal will help developers quickly and easily understand and change mainframe code. This acquisition is expected to close in 2Q16 subject to completion of the governmental review and customary closing conditions, $IBM said.
$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.