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Sam Eisner of Goldman Sachs asks about currency exposure in the EMEA region. $WHR said the EMEA region faces the most impact from the British pound and the Russian ruble. The combined impact from these regions in 2Q16 was $30MM. $WHR expects to compensate for currency losses in 2H16 through cost base price increases.
$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.