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In 2Q17, $WMT's comp store inventory was down 6.5% and in-stock levels were up. On a constant currency basis, GMV grew 13% and e-commerce sales increased 11.8%. The US results were stronger than those in key international markets. This was due to growth in marketplace offering in the US, roll-out of online grocery and growth of pick-up in stores.
$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.