Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.

1. STOCK NEWS:

• Crypto-linked stocks declined as Bitcoin fell [more]
• Prologis (PLD) will combine with Duke Realty (DKE) in a $26B all-stock transaction [more]
• U.S. health regulators reportedly say that Pfizer's (PFE) COVID-19 vaccine works safely in young children, while the FDA posted briefing documents for its advisory meeting with Moderna (MRNA) on its vaccine in children [more]
• Revlon (REV) is preparing a Chapter 11 filing as soon as this week, The Wall Street Journal reported Friday [more]
• Meta (META) is probing outgoing COO Sheryl Sandberg's use of corporate resources, according to The Journal [more]

2. WALL STREET CALLS:

• RBC Capital upgrades Tesla (TSLA) to Outperform [more]
• Micron (MU) downgraded to Hold from Buy at Summit Insights [more]
• Zendesk (ZEN) downgraded to Equal Weight on lack of catalysts at Morgan Stanley [more]
• Invesco (IVZ) and T. Rowe Price (TROW) downgraded to Market Perform from Outperform at BMO Capital [more]
• DocuSign (DOCU) downgraded to Underperform from Peer Perform at Wolfe Research [more]

3. AROUND THE WEB:

• Disney (DIS) lost out to a Paramount (PARA) joint venture in a bid for Indian cricket streaming rights, NY Times reports [more]
• Tesla (TSLA) CEO Elon Musk told staff that the company had a "very tough quarter," Electrek reports [more]
• Apple (AAPL) will underwrite and fund loans with its new buy now, pay later offering, WSJ reports [more]
• Amazon (AMZN) is offering to share marketplace data and increase rival product visibility in an effort to avoid an EU fine, Reuters reports [more]
• Google (GOOGL) and Facebook (META) will have to tackle deepfakes or risk EU fines, Reuters says [more]

4. MOVERS:

• Day One Biopharmaceuticals (DAWN) rises after announcing initial data from its FIREFLY-1 trial of tovorafenib [more]
• Redbox (RDBX) gains amid an increase in StockTwits message volume [more]
• Bluebird Bio (BLUE) gained after confirming a 13-0 FDA panel vote in favor of beti-cel the day after a panel endorsed Bluebird's eli-cel [ more]
• Astra Space (ASTR) declines after announcing its TROPICS-1 mission did not deliver payloads to orbit [more]
• Volta (VLTA) falls after announcing CFO Chadwick to depart in August [more]

5. EARNINGS/GUIDANCE:

• The New York Times (NYT) announced midterm targets at its investor day [more]
• J.M. Smucker (SJM) reiterated its FY23 earnings and revenue guidance [more]
• Virtus Investment (VRTS) reported preliminary AUM of $167.2B as of May 31 [more]
• Charles Schwab (SCHW) said its prior results included a liability and non-deductible charge in connection with an SEC settlement [more]
• Gladstone Land (LAND) provided a business update for shareholders [more]

INDEXES:

The Dow fell 876.05, or 2.79%, to 30,516.74, the Nasdaq lost 530.80, or 4.68%, to 10,809.23, and the S&P 500 declined 151.23, or 3.88%, to 3,749.63.