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RBC Capital Markets analyst Scot Ciccarelli probes $KMX on CAF loan loss reserves trend for the rest of the year given unfavorable changes in 1Q17. CEO Tom Folliard says that to the extent things were to worsen or improve, $KMX would adjust accordingly, but at this point, the increase is a combination of experience in quarter vs. expectation.
$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.