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

1. STOCK NEWS: 

• NRG Energy (NRG) will acquire Vivint Smart Home (VVNT) for $12 per share or $2.8B in cash [more]
• Textron's (TXT) Bell V-280 Valor was chosen as the U.S. Army's long-range assault aircraft [more]
  
• Fox Corp. (FOXA) said it has formed a committee to explore a potential combination with News Corp. (NWSA) [more]
  
• PepsiCo (PEP) cut hundreds of North America HQ jobs, according to The Wall Street Journal [more]
  
• Meta (META) threatens to pull news from platform if Congress passes journalism bill [more]
  

2. WALL STREET CALLS: 

• JPMorgan (JPM) upgraded to Overweight from Underweight at Morgan Stanley [more]
• General Electric (GE) upgraded to Outperform from Perform at Oppenheimer [more]
  
• Royal Caribbean (RCL) assumed with Underweight from Overweight at JPMorgan [more]
  
• First Solar (FSLR) downgraded to Sell from Buy at GLJ Research [more]
  
• Boston Beer (SAM), Molson Coors (TAP), Conagra Brands (CAG) and Kimberly-Clark (KMB) among consumer packaged goods stocks downgraded to Sell at Deutsche Bank [more]
  

3. AROUND THE WEB: 

• Microsoft (MSFT) is weighing a super app to break Apple (AAPL) and Google's (GOOGL) hold over mobile search, according to The Information [more]
• Meta's (META) targeted ad model is facing restrictions in Europe, WSJ reports [more]
  
• The FTC sent out subpoenas in a probe of Amazon's (AMZN) pending deal with One Medical (ONEM), Dealreporter says [more]
  
• Walmart (WMT) CEO Doug McMillon said that rising thefts may lead to price jumps, CNBC reports [more]
  
• Robinhood (HOOD) CEO Vlad Tenev told CNBC that Sam Bankman-Fried's stake will likely be locked up in bankruptcy [more]
  

4. MOVERS: 

• Sumo Logic (SUMO) gains after reporting quarterly results [more]
• G-III Apparel (GIII) higher after CEO buys $3.14M in stock [more]
  
• Gossamer Bio (GOSS) falls after announcing results from its TORREY study [more]
  
• Mirati Therapeutics (MRTX) declines after announcing results from the KRYSTAL-7 and KRYSTAL-1 trials [more]
  
• Herbalife Nutrition (HLF) drops after announcing $250M convertible senior notes offering [more]
  

5. EARNINGS/GUIDANCE: 

• Signet Jewelers (SIG) provided a "beat and raise" report for Q3 [more]
• Ferguson (FERG) reported upbeat Q1 results [more]
  
• J. Jill (JILL) reported a year-over-year increase in Q3 earnings [more]
  
• GitLab (GTLB) reported better-than-expected Q3 results [more]
  
• Couchbase (BASE) reported mixed Q3 results [more]
  

INDEXES: 

Near midday, the Dow was down 251.00, or 0.74%, to 33,696.10, the Nasdaq was down 163.12, or 1.45%, to 11,076.82, and the S&P 500 was down 43.68, or 1.09%, to 3,955.16.