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: 

• Zoom (ZM) reported upbeat quarterly results and raised its FY22 earnings guidance [more]
• Yandex (YNDX) is restructuring its joint venture ownership with Uber (UBER) in $1B deal [more]
  
• Johnson & Johnson (JNJ) will discontinue its Imbokodo HIV vaccine study [more]
  
• Bloomberg reported that Jana is pushing Vonage (VG) for a sale or a break up [more]
  
• Chico's (CHS) reported upbeat Q2 earnings and revenue [more]
  

2. WALL STREET CALLS: 

• Jefferies bullish on Virgin Galactic (SPCE) as space travel market seen reaching $120B [more]
• Jefferies upgrades Funko (FNKO) to Buy on confidence in 10%-plus growth [more]
  
• Digital Turbine (APPS) upgraded to Buy from Hold at Canaccord and initiated with Neutral rating, $60 target at Macquarie [more]
  
• Mesoblast (MESO) downgraded to Hold from Buy at Jefferies and price target lowered to $6.50 from $7.50 at Chardan [more]
  
• Textron (TXT) upgraded to Outperform on business jet momentum at Cowen [more]
  

3. AROUND THE WEB: 

• Apple (AAPL) Watch 7 production delayed on quality issues, Nikkei reports [more]
• Google (GOOG) and Apple (AAPL) will open app-store payments in South Korea, WSJ reports [more]
  
• TSMC (TSM) is in talks with suppliers to reduce prices, DigiTimes says [more]
  
• PayPal (PYPL) is mulling Apex and DriveWealth bids in its push towards stock trading, Bloomberg reports [more]
  
• Ryanair (RYAAY) CEO Michael O'Leary is "very keen" on a large order of Boeing (BA) 737 MAX 10 jets, Reuters says [more]
  

4. MOVERS: 

• AC Immune (ACIU) surges after announcing data from its Lauriet Phase 2 study of semorinemab [more]
• Sonnet BioTherapeutics (SONN) jumps after it selected a novel development candidate for melanoma [more]
  
• Eagle Pharmaceuticals (EGRX) higher after Endo's (ENDP) Par Pharmaceuticals lost a trial court ruling in its bid to prevent Eagle Pharmaceuticals from selling a generic version of Vasostrict [more]
  
• Globalstar (GSAT) and Iridium (IRDM) slip after Bloomberg said that Apple's (AAPL) push to bring satellite capabilities to the iPhone will be focused on emergency situations [more]
  
• ReneSola (SOL) lower after reporting quarterly results [more]
  

5. EARNINGS/GUIDANCE: 

• American Woodmark (AMWD) reported downbeat Q1 results [more]
• Designer Brands (DBI) reported upbeat Q2 results [more]
  
• Destination XL (DXLG) provided upbeat 2021 revenue guidance [more]
  
• NetEase (NTES) reported lower-than-expected Q2 earnings [more]
  
• Radiant Logistics (RLGT) provided mixed Q4 guidance [more]
  

INDEXES: 

Near midday, the Dow was up 34.20, or 0.10%, to 35,434.04, the Nasdaq was down 15.59, or 0.10%, to 15,250.30, and the S&P 500 was virtually unchanged at 4,528.59.