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

1. STOCK NEWS:

Microsoft (MSFT) reported upbeat Q2 results, with Cloud revenue up 29% in constant currency, but shares reversed in after-hours trading as Azure guidance was discussed [more]
AT&T (T) reported mixed Q4 results and provided downbeat FY23 earnings guidance [more]
Boeing (BA) reported downbeat Q4 results and reaffirmed its operating cash flow outlook for FY23 [more]
Texas Instruments (TXN) reported better-than-expected Q4 results [more]
Rupert Murdoch withdrew his proposal to explore a combination of Fox (FOXA) and News Corp. (NWSA) [more]

2. WALL STREET CALLS:

Fisker (FSR), Li-Cycle (LICY) and Freyr Battery (FREY) downgraded while Tesla (TSLA) was named new "Top Pick" at Morgan Stanley amid EV "reset" [more]
BMO downgrades Microsoft (MSFT) post results on Azure uncertainty [more]
Philip Morris (PM) upgraded to Buy from Neutral at Goldman Sachs [more]
Block (SQ) downgraded to Perform from Outperform at Oppenheimer [more]
Loop upgrades News Corp. (NWSA) and Fox (FOXA) to Buy after Murdoch withdraws tie-up proposal [more]

3. AROUND THE WEB:

Walgreens (WBA) is weighing the sale of its $2B pharmacy automation business, Bloomberg reports [more]
Apollo Global (APO) and Marcelo Claure are considering a takeover of Millicom (TIGO), FT reports [more]
Dentsply Sirona (XRAY) is weighing a potential carve-out of Wellspect, Bloomberg says [more]
The DOJ is probing Goodyear Tire's (GT) handling of a recalled tire, WSJ reports [more]
Juul in deal discussions with Philip Morris (PM), Altria (MO), Japan Tobacco (JAPAY), WSJ says [more]

4. MOVERS:

Stride (LRN) higher after reporting quarterly results [more]
Canoo (GOEV) gains after signing an exclusive sale, service, and distribution agreement with GCC Olayan [more]
Shopify (SHOP) increases in New York after announcing changes to its 2023 plan pricing [more]
Precigen (PGEN) lower after announcing a 42.86M share offering [more]
Extreme Networks (EXTR) falls after reporting quarterly results and after announcing the retirement of its CFO [more]

5. EARNINGS/GUIDANCE:

INDEXES:

The Dow rose 9.88, or 0.029%, to 33,743.84, the Nasdaq lost 20.91, or 0.18%, to 11,313.36, and the S&P 500 declined 0.73, or 0.018%, to 4,016.22.