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:

• Branson beats Bezos to space but Virgin Galactic (SPCE) drops on stock sale plan [more]
• Microsoft (MSFT) acquires RiskIQ, terms not disclosed [more]
• Disney's (DIS) "Black Widow" surpasses $215M between box office and Disney+ Premier Access, driving new pandemic opening record weekend for AMC Entertainment (AMC) [more]
• DouYu (DOYU) terminates merger agreement with Huya (HUYA) after People's Republic of China intervenes [more]
• Barbecue grill maker Weber (WEBR) files registration statement for proposed initial public offering [more]

2. WALL STREET CALLS:

• Charter (CHTR) downgraded to Market Perform from Outperform at Bernstein [more]
• UiPath (PATH) initiated with a Sell at Summit Insights [more]
• Evercore downgrades "tougher story" United Airlines (UAL) to In Line [more]
• Raymond James upgrades Cheesecake Factory (CAKE) and Brinker (EAT) to Outperform [more]
• BMO starts Exxon Mobil (XOM) at Market Perform, Chevron (CVX) at Outperform [more]

3. AROUND THE WEB:

• Broadcom (AVGO) in talks to acquire SAS for $15B-$20B, WSJ reports [more]
• FTC opens "in-depth investigation" of Amazon (AMZN) deal to buy MGM, Information says [more]
• ByteDance put IPO plans on hold after warning from China, WSJ reports [more]
• Shari Redstone is shopping ViacomCBS (VIAC), and not just to Comcast (CMCSA), Fox Business says [more]
• The FDA is expected to add a new autoimmune warning to J&J's (JNJ) COVID-19 vaccine, Washington Post reports [more]

4. MOVERS:

• Celldex (CLDX) gains after releasing updated data from the company’s Phase 1b clinical trial of CDX-0159 [more]
• L Brands (LB) higher after its board of directors approved the separation of the Victoria’s Secret business into an independent, publicly traded company [more]
• Alteryx (AYX) dips after report that Broadcom is in talks to acquire SAS [more]
• Prothena Corporation (PRTA) falls after announcing it has entered into a definitive purchase agreement with Novo Nordisk (NVO) under which Novo Nordisk has acquired Prothena’s clinical stage antibody PRX004 and broader ATTR amyloidosis program [more]
• State Auto Financial (STFC) surges after Liberty Mutual agrees to acquire company for $52 per share in cash [more]

5. EARNINGS/GUIDANCE:

• Qiagen (QGEN) slips after updating FY21 outlook for declining COVID-19 test trends and announcing plans for new $100M share repurchase program [more]
• SolarWinds (SWI) reports preliminary Q2 revenue that tops consensus [more]
• Glimpse Group (VRAR) provides preliminary revenue results for fiscal year 2021 [more]
• Alphatec (ATEC) reported "impressive" preliminary Q2 results, says Piper Sandler [more]
• Several big banks, including JPMorgan (JPM), Goldman Sachs (GS), and Wells Fargo (WFC), will report quarterly results this week [more]

INDEXES:

The Dow rose 126.02, or 0.36%, to 34,996.18, the Nasdaq gained 31.32, or 0.21%, to 14,733.24, and the S&P 500 advanced 15.08, or 0.35%, to 4,384.63.