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During 4Q16, $MSFT's GM was flat, but up 4% in constant currency. The company said that its total annuity mix reached 83%, up 1 point YoverY. $MSFT also had better-than-expected transactional revenue performance as products like Office 2016 generated more deal volume. The dollar volume of expiring enterprise agreements was smaller during 4Q16.
$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.