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Lisa Ellis with Sanford Bernstein asks about the overall IT budget. $CTSH said it has seen no evidence that IT budgets overall are coming down. As a overall picture, the budget is flat to up. Net net there is a shift going on and firms having capabilities on both sides; run the business and change the business, stand to benefit from that migration.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.