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: 

• Tesla (TSLA) reported over 201,000 vehicle deliveries in Q2 [more]
• Ford (F) reported a nearly 27% year-over-year decline in June U.S. vehicle sales [more]
  
• DiDi (DIDI) shares slipped after China announced a review of the company's cyber security [more]
  
• Virgin Galactic (SPCE) founder Richard Branson will be part of the company's first fully crewed spaceflight [more]
  
• Johnson & Johnson (JNJ) said that its single-shot COVID-19 vaccine responded "strongly" to the Delta variant [more]
  

2. WALL STREET CALLS: 

• PNC Financial (PNC) double upgraded to Outperform from Underperform at Wolfe Research [more]
• Evercore ISI downgrades ContextLogic (WISH) to In Line on execution risk after CFO exit [more]
  
• Encompass Health (EHC) upgraded to Buy from Hold at Deutsche Bank [more]
  
• Barclays downgrades Keysight (KEYS) on limited further margin expansion [more]
  
• HP Inc. (HPQ) plus Xerox (XRX) "consolidation math compelling," says Bernstein [more]
  

3. AROUND THE WEB: 

• DOJ, like SEC, probing Lordstown Motors, WSJ says [more]
• The FAA has confirmed a Boeing (BA) cargo jet made an emergency landing off the coast of Honolulu, Hawaii, CNBC reports [more]
• Iceberg Research says short AMC Entertainment (AMC), says "pump increasingly shaky" [more]
  
• Blackstone (BX) and CVC Capital Partners are interested in Carrier Global's (CARR) fire-safety unit, Bloomberg says [more]
  
• BMW (BMWYY) will significantly raise production of electric vehicles at its Dingolfing plant, Reuters reports [more]
  

4. MOVERS: 

• Alector (ALEC) surges after entering a $2.2B collaboration deal with GlaxoSmithKline (GSK) for the development and commercialization of AL001 and AL101 [more]
• Santander Consumer (SC) gains after Banco Santander’s (SAN) subsidiary Santander Holdings submitted a proposal to acquire all of Santander Consumer’s shares for $39 per share in cash [more]
  
• Iterum Therapeutics (ITRM) falls in New York after the company announced that, as part of the ongoing review of the company’s NDA for sulopenem etzadroxil/probenecid, the FDA “identified deficiencies” [more]
  
• Arrowhead (ARWR) lower after voluntarily pausing its Phase 1/2 clinical study of ARO-ENaC due to signals of lung inflammation [more]
  
• Cerevel Therapeutics (CERE) declines after announcing a 14M share secondary offering priced at $25 [more]
  

5. EARNINGS/GUIDANCE: 

• Outest Medical (OM) provided upbeat Q2 revenue guidance [more]
• Horace Mann (HMN) raised its FY21 earnings per share guidance [more]
  
• Alkaline Water (WTER) has postponed its FY21 earnings calls as its 10-K has not been filed [more]
  
• ASM (ASMIY) said its Q2 order intake was "clearly above previous guidance" [more]
  
• Notable companies reporting earnings next week include Helen of Troy (HELE) and Levi Strauss (LEVI) [more]
  

INDEXES: 

Near midday, the Dow was up 110.95, or 0.32%, to 34,744.48, the Nasdaq was up 67.84, or 0.47%, to 14,590.22, and the S&P 500 was up 19.28, or 0.45%, to 4,339.22.