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

1. STOCK NEWS:

• FedEx (FDX) provided a "beat and raise" report for Q3 [read more]
• SVB Financial (SIVB) has commenced Chapter 11 bankruptcy [read more]
• U.S. Steel (X) provided upbeat Q1 earnings and EBITDA guidance [read more]
• Baidu (BIDU) has been granted permits for fully driverless ride-hailing service in Beijing [read more]
• President Biden is urging Congress to do more to "hold senior bank executives accountable" [read more]

2. WALL STREET CALLS:

• Nvidia (NVDA) was upgraded to Overweight from Equal Weight at Morgan Stanley [read more]
• Warner Bros. Discovery (WBD) upgraded to Buy-equivalent ratings at Wells Fargo and Wolfe Research [read more]
• Oppenheimer downgraded RingCentral (RNG) to Perform without a price target [read more]
• Braze (BRZE) was downgraded to Neutral from Buy at UBS [read more]
• Bumble (BMBL) was initiated with a Buy rating and $24 price target at Citi [read more]

3. AROUND THE WEB:

• Disney+ (DIS) subscribers have accepted a recent price increase, WSJ reports [read more]
• Motive Partners is in talks to buy ACI Worldwide (ACIW), Bloomberg reports [read more]
• TikTok is in talks with potential buyers, NY Post says [read more]
• At least four lenders have put restrictions on trades involving Credit Suisse (CS), Reuters reports [read more]
• Coinbase (COIN) intends to potentially set up overseas crypto platform, Bloomberg says [read more]

4. MOVERS:

• Traeger (COOK) higher after reporting quarterly results and providing Q1 and FY24 guidance [read more]
• Coinbase (COIN) gains after report of talks with clients about new overseas crypto platform [read more]
• LivePerson (LPSN) rises after Credit Suisse upgraded the stock to Neutral [read more]
• Purple Innovation (PRPL) lower after reporting quarterly results, delaying its 10-K filing, and announcing Coliseum Capital Management rejected its recent settlement proposal [read more]
• Sarepta Therapeutics (SRPT) falls after announcing an advisory committee meeting will be held for SRP-9001 [read more]

5. EARNINGS/GUIDANCE:

• Groupon (GRPN) reported downbeat Q4 revenue, adding that it expects to reduce its current cost structure by an additional $100M [read more]
• XPeng (XPEV) reported downbeat Q4 results [read more]
• Revlon (REV) reported a year-over-year decline in Q4 earnings and revenue [read more]
• Ballard Power (BLDP) reported mixed Q4 results [read more]
• Gossamer Bio (GOSS) reported upbeat Q4 earnings [read more]

INDEXES:

The Dow fell 384.57, or 1.19%, to 31,861.98, the Nasdaq lost 86.76, or 0.74%, to 11,630.51, and the S&P 500 declined 43.64, or 1.10%, to 3,916.64.