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$BABA 1Q16 Q&A: Leung of BofA asked about conversion rate, basket size, and order frequency on mobile vs. PC. Joseph said, BABA manages its business as a whole and don’t separate PC and mobile behaviour. On mobile people tend to visit more frequently, but spend less time. In mobile GMV, avgerage basket value is still smaller than PC.
$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.