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:

• Apple (AAPL) crossed $3T in market capitalization as its shares rose above $182.86 before paring gains near the close [more]
• Tesla (TSLA) delivered 308,600 vehicles in Q4 for a 2021 total of 936,000 units [more]
• Other electric vehicle makers, including XPeng (XPEV), Li Auto (LI), and NIO (NIO), also reported quarterly vehicle deliveries [more]
• The FDA authorized Pfizer (PFE) and BioNTech's (BNTX) COVID-19 booster for 12-15 year olds [more]
• Delta (DAL) said about 500 flights have been canceled today, adding that it expects 200 cancellations per day over the next two days [more] 

2. WALL STREET CALLS:

• Piper upgrades McDonald's (MCD), names Chipotle (CMG) and Brinker (EAT) as best 2022 ideas in restaurant space [more]
• PayPal (PYPL) upgraded to Outperform from Market Perform at BMO Capital [more]
• II-VI (IIVI) upgraded to Outperform from Market Perform at Raymond James [more]
• Morgan Stanley, Susquehanna and Wolfe roll out bullish views on Nu Holdings (NU) [more]
• Wall Street starts coverage of HashiCorp (HCP) with mixed views [more]

3. AROUND THE WEB:

• President Biden will crack down on the U.S.'s largest meat producers, FT says [more]
• United Airlines (UAL) is offering pilots triple pay to ease flight disruptions, CNBC reports [more]
• Warner Music (WMG) bought David Bowie's catalogue for $250M, FT says [more]
• Planet Fitness (PLNT) CEO Chris Rondeau said that gym visits are holding up amid omicron, CNBC says [more]
• AT&T (T) and Verizon (VZ) have rebuffed the FAA's request to delay their 5G launches, WSJ reports [more]

4. MOVERS:

• Pear Therapeutics (PEAR) rises after BTIG analyst Marie Thibault initiated coverage of the stock with a Buy rating [more]
• Gilat Satellite (GILT) jumps after announcing that a mobile network operator will deploy 4G cellular backhaul over satellite technology from Gilat [more]
• Rocket Companies (RKT) higher after Wedbush analyst Henry Coffey upgraded the stock to Neutral from Underperform on valuation [more]
• Applied Therapeutics (APLT) drops after deciding to hold on submitting an NDA for AT-007 for treatment of Galactosemia pending additional discussions with the FDA [more]
• CNH Industrial (CNHI) lower after commencing trading on the NYSE in the United States and Borsa Italiana's Euronext Milan in Italy as "a fully focused agriculture and construction player" following Iveco Group becoming a public listed company whose common shares began trading on Euronext Milan [more]

5. EARNINGS/GUIDANCE:

• RGP (RGP) will report quarterly results on January 5 [more]
• Bed Bath & Beyond (BBBY) will report quarterly results on January 6 [more]
• KB Home (KBH) will report quarterly results January 12 [more]
• Delta Air Lines (DAL) will report quarterly results on January 13 [more]
• JPMorgan (JPM) will report quarterly results on January 14 [more]

INDEXES:

The Dow rose 246.76, or 0.68%, to 36,585.06, the Nasdaq gained 187.83, or 1.2%, to 15,832.80, and the S&P 500 advanced 30.38, or 0.64%%, to 4,796.56.