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

1. STOCK NEWS: 

• Hertz (HTZ) announced a new $2B share repurchase program [more]
• Qualcomm (QCOM) has prevailed against a $1.5B EU fine, Reuters reports [more]
  
• Baidu (BIDU) is in talks to sell a controlling stake in iQIYI (IQ), Reuters says [more]
  
• Nucor (NUE) provided upbeat Q2 earnings guidance [more]
  
• Planet Labs (PL) reported downbeat Q1 earnings but upbeat Q1 revenue [more]
  

2. WALL STREET CALLS: 

• Atlantic Equities downgrades Robinhood (HOOD) to sell on "deteriorating" trends [more]
• Wheels Up (UP) initiated with a Buy at Goldman Sachs [more]
  
• Wells Fargo upgrades Spotify (SPOT) to Equal Weight, raises price target to $124 after recent investor day [more]
  
• Tapestry (TPR) upgraded to Buy at Jefferies on improved financial profile [more]
  
• B. Riley analyst Craig Ellis downgraded eight companies in the semiconductor sector [more]
  

3. AROUND THE WEB: 

• YouTube's (GOOGL) TikTok rival has reached 1.5B logged-in monthly users, TechCrunch reports [more]
• Tesla (TSLA) CEO Elon Musk filed an appeal to halt an SEC decree over his Twitter (TWTR) posts, Reuters reports [more]
  
• Tesla vehicles in Autopilot mode have been in more crashes than known, Washington Post says [more]
  
• Foxconn (HNHPF) starts building electric vehicle battery plant in Taiwan, WSJ reports [more]
  
• L3Harris (LHX) is in talks to take over NSO's surveillance tech, Guardian reports [more]
  

4. MOVERS: 

• Algoma Steel (ASTL) gains in New York after reporting quarterly results [more]
• Acadia Pharmaceuticals (ACAD) rises after the FDA posted briefing documents for a Nuplazid panel meeting [more]
  
• Roblox (RBLX) rises after reporting May metrics [more]
  
• Day One Biopharmaceuticals (DAWN) declines after announcing 10M share offering priced at $15.00 [more]
  
• Community Health Systems (CYH) falls after BofA analyst downgraded the stock to Neutral from Buy [more]
  

5. EARNINGS/GUIDANCE: 

• IronNet (IRNT) reported downbeat Q1 results [more]
• Sprinklr (CXM) reported upbeat Q1 earnings and revenue [more]
  
• Methode Electronics (MEI) cut its FY22 earnings guidance [more]
  
• BlackSky (BKSY) reiterated its FY22 revenue guidance [more]
  
• Belden (BDC) reiterated Q2 and FY22 earnings and revenue guidance [more]
  

INDEXES: 

Near midday, the Dow was up 179.87, or 0.59%, to 30,544.70, the Nasdaq was up 190.31, or 1.76%, to 11,018.65, and the S&P 500 was up 38.22, or 1.02%, to 3,773.70.