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$LRCX forecast Dec. 2015 quarter shipments to be down sequentially coming in at $1.275Bil plus or minus $75MM and revenue of $1.41Bil again plus or minus $75MM. $LRCX expects gross margin of 45.5% plus or minus 1% and operating income of 20.5% plus or minus 1% and finally EPS of $1.42 plus or minus $0.10.
$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.