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

1. STOCK NEWS:

• Apple (AAPL) is widely expected to launch a VR headset on Monday as the company starts up its annual WWDC meeting [read more]
  
• Saudi Arabia will make an additional voluntary cut of 1M barrels of oil a day, as part of a deal struck by OPEC+, Bloomberg reports [read more]
  
• Amedisys (AMED) received an unsolicited takeover proposal from Optum (UNH) about a month after Amedisys entered into a merger agreement with Option Care Health (OPCH) [read more]
  
• Circor (CIR) entered into a definitive agreement to be acquired by investment funds managed by KKR (KKR) in an all cash transaction valued at approximately $1.6B [read more]
  
• SEC charges Binance entities and founder Changpeng Zhao with "extensive web of deception" [read more]
  

2. WALL STREET CALLS:

• Target (TGT) downgraded to Sector Weight from Overweight at KeyBanc [read more]
• Ford (F) upgraded to Buy at Citi after positive vehicle survey [read more]
  
• Dollar General (DG) downgraded to Equal Weight from Overweight at Morgan Stanley [read more]
  
• Estee Lauder (EL) downgraded to Perform from Outperform at Oppenheimer [read more]
  
• JPMorgan upgrades Valley National (VLY) on "overblown" CRE concerns [read more]
  

3. AROUND THE WEB:

• UBS (UBS) expects to complete its takeover of Credit Suisse (CS) by June 12 at the earliest, FT says [read more]
• Allstate (ALL) has stopped selling new home, condominium, or commercial insurance policies in California, NY Times reports [read more]
  
• Safran (SAFRY) is in advanced talks to to acquire Raytheon Technologies’ (RTX) actuation unit, Bloomberg says [read more]
  
• C.H. Robinson (CHRW) is set to name Ford (F) executive David Bozeman as its next CEO, FreightWaves reports [read more]
  
• Spotify (SPOT) is cutting around 200 jobs in its podcast division, Hollywood Reporter says [read more]
  

4. MOVERS:

• DigitalBridge (DBRG) higher after Keefe Bruyette upgraded the stock to Outperform [read more]
• Bowlero (BOWL) rises after Stifel added the stock to its Stifel Select List [read more]
  
• Day One Biopharmaceuticals (DAWN) higher after it announced new data from its FIREFLY-1 Phase 2 trial and initiated a rolling NDA submission [read more]
  
• Castle Biosciences (CSTL) declines after it announced a publication of its DecisionDx-SCC test results [read more]
  
• Riot Platforms (RIOT) lower as bitcoin-linked names decline in the wake of the SEC suing Binance and CEO Changpeng Zhao over U.S. rule violations [read more]
  

5. EARNINGS/GUIDANCE:

• Epam Systems (EPAM) cut its guidance for Q2 and FY23 [read more]
• SAIC (SAIC) reported Q1 EPS and revenue that beat consensus, with CEO Nazzic Keene saying these were “strong financial results” [read more]
  
• Allego (ALLG) reported Q1 results and provided guidance for FY23 [read more]
  
• SPX Corporation (SPXC) raised its FY23 outlook after it completed the acquisition of ASPEQ Heating Group [read more]
  
• Ault Inc (AULT) provided a mid-year update as well as FY23 revenue guidance [read more]
  

INDEXES:

Near midday, the Dow was down 79.57, or 0.24%, to 33,683.19, the Nasdaq was up 64.66, or 0.49%, to 13,305.43, and the S&P 500 was up 11.28, or 0.26%, to 4,293.65.