Get caught up quickly on the top news and calls moving stocks with these Top Fives, as compiled by the editors of The Fly.

1. STOCK NEWS:

Disney (DIS) reported upbeat Q1 results, including 129.8M Disney+ paid subscribers as of January 1 [more]
Uber (UBER) reported upbeat quarterly results, issued longer-term guidance at analyst day meeting [more]
Twitter (TWTR) reported lower than expected Q4 results and announced a new $4B share repurchase program [more]
Beverage giants Coca-Cola (KO) and PepsiCo (PEP) both reported better-than-expected quarterly earnings [more]
U.S. CPI rose 0.6% in January on both the headline and core measures [more]

2. WALL STREET CALLS:

Baird upgraded Ambarella (AMBA) to Outperform from Neutral [more]
Citi downgraded Norwegian Cruise Line (NCLH) to Neutral and initiated coverage of Royal Caribbean (RCL) with a Buy rating [more]
Jefferies downgraded Healthcare Services (HCSG) to Underperform on lower earnings power [more]
Six Flags (SIX) and Cedar Fair (FUN) started with a Buy ratings at Citi [more]
Eventbrite (EB) initiated with an Equal Weight at Morgan Stanley [more]

3. AROUND THE WEB:

Preferred Apartment (APTS) is exploring options, including a possible sale, Bloomberg reports [more]
Leonard Green has expressed interest in bidding for Kohl's (KSS), NY Times reports [more]
Tesla's (TSLA) China design center will be located in Beijing, WSJ reports [more]
TSMC (TSM) is actively seeking more long-term contracts, DigiTimes says [more]
Hon Hai (HNHPF) sees improvements to part shortages in Q1, Bloomberg reports [more]

4. MOVERS:

Brookfield Asset Management (BAM) higher after Bloomberg reported the company may soon spin off its division that invests on behalf of institutions [more]
Joby Aviation (JOBY) gains after beginning Federal Aviation Administration conformity testing [more]
Peabody Energy (BTU) and CleanSpark (CLSK) rise after reporting quarterly results [more]
Seagen (SGEN) falls after reporting quarterly results, providing FY22 guidance, and at least five different firms lowered their respective price targets on the stock [more]
2U (TWOU), Vimeo (VMEO), and NGL Energy Partners (NGL) lower after reporting quarterly results [more]

5. EARNINGS/GUIDANCE:

Mattel (MAT) reported upbeat Q4 earnings and revenue [more]
Philip Morris (PM) also reported better than expected quarterly results [more]
Tapestry (TPR) provided upbeat FY22 earnings guidance [more]
Sonos (SONO) reported upbeat Q1 earnings and revenue [more]
Twilio (TWLO) reported ubpeat Q4 revenue [more]

INDEXES:

Near midday, the Dow was down 102.04, or 0.29%, to 35,666.02, the Nasdaq was down 55.62, or 0.38%, to 14,434.76, and the S&P 500 was down 18.01, or 0.39%, to 4,569.17.