Snap Q2 Earnings Preview

After a big Morgan Stanley downgrade, all eyes will be on Snap's upcoming Q2 report to gauge whether Instagram is having an impact on the company's growth trajectory. As of June 2017 Instagram Stories boast 250M+ DAUs, significantly more than the 166M Snap reported in Q1 2017.

LINK - Snap Inc Investor Relations: https://investor.snap.com/company-profile
LINK - CNBC, Morgan Stanley Downgrades Snap: http://www.cnbc.com/2017/07/11/snap-underwriter-morgan-stanley-downgrades-the-stock.html
LINK - Instagram Stories Passes 250M DAUs: https://techcrunch.com/2017/06/20/instagram-live-video-replays/
LINK - Yahoo! Finance Analyst estimates: https://finance.yahoo.com/quote/SNAP/analysts?p=SNAP