Get caught up quickly on the top news and calls moving stocks with these Top Fives, as compiled by the editors of The Fly. 

1. STOCK NEWS: 

• Micron (MU) reported quarterly results and agreed to sell its Lehi, Utah fab to Texas Instruments (TXN) for $1.5B in economic value [more]
• Elliott says GlaxoSmithKline (GSK) has 45% upside in share price [more]
  
• Philip Morris (PM) has agreed to acquire Fertin Pharma for DKK5.1B [more]
  
• Bowlero (BOWL) plans to list on the NYSE through a merger with Isos Acquisition (ISOS) [more]
  
• Car makers General Motors (GM), Nio (NIO), and XPeng (XPEV) are in focus after reporting June vehicle deliveries [more]
  

2. WALL STREET CALLS: 

• Micron (MU) cut to Hold at Summit Insights amid "peaking industry dynamics" [more]
• Nvidia (NVDA) price target raised to $1,000 from $750 at BMO Capital [more]
  
• B. Riley starts Bed Bath & Beyond (BBBY) with Buy, sees 32% share upside [more]
  
• Deutsche Bank upgrades Celanese (CE) to Buy on capital deployment [more]
  
• ZipRecruiter (ZIP) initiated with an Overweight rating, $30 price target at Barclays [more]
  

3. AROUND THE WEB: 

• Apollo Global (APO) confirmed it is in talks with Motive Partners about a minority stake [more]
• PepsiCo (PEP) aims to cut soda sugar levels by 25% in the EU by 2025, Reuters reports [more]
  
• OPEC+ may add 2M barrels per day of oil ot the market this year, Reuters says [more]
  
• Facebook's (FB) Instagram app will shift its focus from photo-sharing to short video clips, FT reports [more]
  
• The U.S. has secured international backing for a global minimum tax rate, WSJ says [more]
  

4. MOVERS: 

• Grid Dynamics (GDYN) rises after announcing a 10.1M share secondary offering priced at $15.03 [more]
• TechnipFMC (FTI) gains in New York after being awarded a contract by Equinor (EQNR) for the Kristin Sor field in the North Sea [more]
  
• Citius Pharmaceuticals (CTXR) declines after the independent Data Monitoring Committee for the Mino-Lok Phase 3 trial recommended proceeding with the trial [more]
  
• Affimed (AFMD) falls in New York after reporting quarterly results [more]
  
• CureVac (CVAC) slides as COVID vaccine efficacy results disappoint [more]
  

5. EARNINGS/GUIDANCE: 

• Micron (MU) slides after Q3 beat and Q4 guidance [more]
• Walgreens Boots Alliance (WBA) drops despite earnings beat and FY21 guidance hike [more]
  
• McCormick (MKC) flat near noon after earnings beat and guidance raise [more]
  
• Acuity Brands (AYI) sales and earnings beat expectations in Q3 [more]
  
• Simply Good Foods (SMPL) raises FY21 outlook after Q3 beat [more]
  

INDEXES: 

Near midday, the Dow was up 72.05, or 0.21%, to 34,574.56, the Nasdaq was down 19.42, or 0.13%, to 14,484.54, and the S&P 500 was up 13.14, or 0.31%, to 4,310.64.