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

1. STOCK NEWS: 

• Tesla (TSLA) founder Elon Musk's deal to acquire Twitter (TWTR) is in serious jeopardy, according to the Washington Post [more]
• Spirit Airlines (SAVE) delayed its shareholder vote to continue discussions with Frontier (ULCC) and JetBlue (JBLU) [more]
  
• Upstart (UPST) cut its Q2 revenue guidance amid "inflation and recession fears" [more]
  
• Levi Strauss (LEVI) reported upbeat Q2 results [more]
  
• GameStop (GME) announced that CFO Mike Recupero has been replaced with Diana Saadeh-Jajeh, as Axios also reported on layoffs across its businesses [more]
  

2. WALL STREET CALLS: 

• Wells Fargo cuts Audacy (AUD) to Underweight with $0 price target [more]
• Six Flags (SIX) downgraded to Neutral from Buy at Citi [more]
  
• Wells Fargo says own ad agencies for cash flows, upgrades Omnicom (OMC) and Interpublic Group (IPG) to Overweight [more]
  
• XPO Logistics (XPO) upgraded to Overweight from Equal Weight at Morgan Stanley [more]
  
• Redburn downgrades PayPal (PYPL) with consensus estimates seen as "too optimistic" [more]

3. AROUND THE WEB: 

• WWE's Vince McMahon paid over $12M to suppress misconduct claims, WSJ says [more]
• Rolls-Royce (RYCEY) CEO Warren East expects the widebody aircraft market to rebound more quickly than expected, Bloomberg reports [more]
  
• Twitter (TWTR) is laying off 30% of its talent acquisition staff, WSJ reports [more]
  
• Elliott took a stake in Swedish Match (SWMAY) and opposes the Philip Morris (PM) deal, Bloomberg says [more]
  
• GlobalFoundries (GFS) and STMicroelectronics (STM) will announces plans next week for a factory in France, Bloomberg reports [more]
  

4. MOVERS: 

• iRhythm (IRTC) higher after commenting on the proposed CMS Medicare Physician Fee Schedule for 2023 [more]
• Marathon Digital (MARA) increases after announcing it produced 707 self-mined bitcoin in Q2 [more]
  
• Veru (VERU) declines after Culper Research released a follow-up short report [more]
  
• Wipro (WIT) falls in New York after Jefferies downgraded the stock to Underperform [more]
  
• Teck Resources (TECK) declines after in New York after reporting its unaudited Q2 steelmaking coal sales [more]
  

5. EARNINGS/GUIDANCE: 

• WD-40 (WDFC) cut its FY22 earnings and revenue guidance [more]
• Nu Skin (NUS) reported downbeat preliminary Q2 revenue [more]
  
• Target Hospitality (TH) raised its FY22 revenue guidance [more]
  
• Kura Sushi (KRUS) reported upbeat Q3 earnings and revenue [more]
  
• MRC Global (MRC) raised its FY22 revenue guidance [more]
  

INDEXES: 

Near midday, the Dow was up 52.63, or 0.17%, to 31,437.18, the Nasdaq was up 41.43, or 0.36%, to 11,662.78, and the S&P 500 was up 6.70, or 0.17%, to 3,909.32.