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Tech giant $AAPL said the company achieved its results on reducing channel inventory by about $3.6Bil, significantly more than the $2Bil inventory reduction the company expected, making the sell-through markedly greater than the sell-in. iPhone accounted for the vast majority of the channel inventory reduction.
$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.