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

1. STOCK NEWS:

• Tesla (TSLA) cut prices on some models sold in the U.S., according to The Wall Street Journal [more]
• Several big banks reported quarterly results, with JPMorgan (JPM) and Bank of America (BAC) reporting upbeat overall results and Citi (C) and Wells Fargo (WFC) reporting mixed headline results [more]
• UnitedHealth (UNH) reported upbeat Q4 results and reiterated its FY23 earnings and revenue guidance [more]
• Delta Air Lines (DAL) reported better-than-expected Q4 results [more]
• Wendy's (WEN) provided Q4 and FY22 guidance, raised its quarterly dividend 100%, and announced a new $500M share repurchase program [more]

2. WALL STREET CALLS:

• Guggenheim downgraded Tesla (TSLA) to Sell, thinks estimates need reset amid price cuts [more]
• Salesforce (CRM) downgraded to Neutral from Overweight at Atlantic Equities [more]
• Goldman Sachs downgraded Lockheed Martin (LMT) and Northrop Grumman (NOC) to Sell from Neutral and cut Raytheon (RTX) to Neutral from Conviction Buy [more]
• BofA upgraded Caterpillar (CAT) to Buy from Neutral [more]
• Lennar (LEN) downgraded to Underperform, KB Home (KBH) downgraded to Sector Perform at RBC Capital [more]

3. AROUND THE WEB:

• Apple (AAPL) will split its Services division into three separate units, 9to5Mac reports [more]
• ConocoPhillips (COP) is in talks to sell oil from Venezuela in the U.S., WSJ says [more]
• Conagra (CAG) doesn't see need for "big" price hikes in 2023, WSJ says [more]
• Carvana (CVNA) is further cutting staff amid a deeper sales slowdown, WSJ reports [more]
• YouTube (GOOGL) is testing a new hub of free, ad-supported streaming channels, WSJ reports [more]

4. MOVERS:

• Virgin Galactic (SPCE) higher after announcing its commercial service remains on track to start in Q2 [more]
• National Instruments (NATI) gains after announcing the commencement of a strategic review process [more]
• Ares Capital (ARES) declines after announcing a 10.5M share offering [more]
• Warner Music (WMG) lower after Guggenheim downgraded the stock [more]
• Algonquin Power (AQN) falls in New York after Desjardins downgraded the stock to Sell [more]

5. EARNINGS/GUIDANCE:

• Hanesbrands (HBI) sees Q4 sales "slightly above" the top end of its outlook range [more]
• LendingClub (LC) narrowed its Q4 and FY22 revenue outlook [more]
• First Republic (FRC) reported upbeat Q4 earnings [more]
• BNY Mellon (BK) reported mixed Q4 results [more]
• BlackRock (BLK) reported upbeat Q4 results [more]

INDEXES:

The Dow rose 112.64, or 0.33%, to 34,302.61, the Nasdaq gained 78.05, or 0.71%, to 11,079.16, and the S&P 500 advanced 15.92, or 0.40%, to 3,999.09.