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For FY16, $INTC said it expects revenue growth to be in the mid to high single digits; gross margin percentage to be 61%, plus or minus a couple points; R&D plus MG&A to be $21.4Bil, plus or minus $400MM; and capital spending to be $9.5Bil, plus or minus $500MM.
$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.