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Semiconductor connectivity solutions company $AVGO said that 2Q16 was the first quarter of operations as a combined company. Revenue of $3.56Bil came in just a shade above the midpoint of the guidance, while EPS were significantly higher than guidance. Demand for hard disk drives and premium set of smartphones was weak in the quarter.
$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.