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$FB said that in 2Q16, the company launched 360 photos. The company is making good progress on core services within the Facebook app like search; now people are doing more than 2Bil searches a day. For the first time, more than 1Bil people are using Messenger every month.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.