<link rel='stylesheet' href='https//fonts.googleapis.com/css?family=Roboto:400,500,700,400italic|Material+Icons'>
< Back to all Breaking News
TSLA, AMZN, JPM...
10/13/2021 16:10pm
Wall Street in Fives - Must Read Lists for Wednesday

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:

  • JPMorgan (JPM) reported upbeat Q3 adjusted earnings [more]
  • Delta (DAL) also reported better than expected Q3 adjusted earnings [more]
  • Hasbro (HAS) announced the passing of CEO Brian Goldner [more]
  • Qualcomm (QCOM) announced a new $10B stock repurchase authorization [more]
  • BlackRock (BLK) reported better than expected Q3 results [more]

2. WALL STREET CALLS:

  • Morgan Stanley upgrades Plug Power (PLUG) with $40 target into investor day [more]
  • Wayfair (W) downgraded to Hold from Buy at Jefferies [more]
  • Monster Beverage (MNST) downgraded to Hold from Buy at Jefferies [more]
  • Baird downgrades Skyworks (SWKS) on "secular slowdown" in RF content [more]
  • Oppenheimer starts "emerging leader" Jasper Therapeutics (JSPR) with Outperform rating, $21 price target [more]

3. AROUND THE WEB:

  • Apple (AAPL) is set to cut iPhone production targets due to chip shortage, Bloomberg says [more]
  • Electronic Arts (EA) talks with FIFA about renewing game rights "hit the wall," NY Times says [more]
  • Short-seller Scorpion remains short on Berkeley Lights (BLI) after Q3 pre-announcement [more]
  • The NHTSA is seeking answers from Tesla (TSLA) over the lack of a recall when it updated Autopilot software, AP reports [more]
  • Amazon (AMZN) is shopping for used long-range Boeing (BA) and Airbus (EADSY) cargo planes, Bloomberg says [more]

4. MOVERS:

  • Revance (RVNC) rises after announcing it continues to expect the FDA's approval of the company’s Biologics License Application for DaxibotulinumtoxinA for Injection [more]
  • Vimeo (VMEO) up after reporting its monthly year-over-year growth through September [more]
  • Vistra (VST) higher after announcing a new $2B share buyback [more]
  • GrowGeneration (GRWG) declines after cutting its fiscal year 2021 guidance and after announcing the termination of the HGS Hydro acquisition [more]
  • Crispr Therapeutics (CRSP) falls after announcing updated results from the company's ongoing Phase 1 CARBON trial evaluating the safety and efficacy of CTX110, its wholly-owned allogeneic CAR-T cell therapy [more]

5. EARNINGS/GUIDANCE:

  • SGH (SGH) reported upbeat Q4 results [more]
  • Wipro (WIT) reported better than expected Q2 revenue [more]
  • Zynex (ZYXI) reiterated its Q3 revenue guidance [more]
  • Inuvo (INUV) reported upbeat Q3 revenue [more]
  • Stoneridge (SRI) provided lower than expected Q3 adjusted earnings guidance [more]

INDEXES:

The Dow fell 0.53, or 0.0015%, to 34,377.81, the Nasdaq gained 105.71, or 0.73%, to 14,571.64, and the S&P 500 advanced 13.15, or 0.30%, to 4,363.80.

dynamic_feed Breaking News