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

1. STOCK NEWS:

Meta (META) is planning "thousands" more layoffs as soon as this week, according to Bloomberg [read more]
JetBlue (JBLU) and Spirit Airlines (SAVE) intend to "vigorously defend" their merger plan following a DOJ lawsuit seeking to block the deal [read more]
Norfolk Southern (NSC) confirmed that a conductor was fatally injured in Cleveland [read more]
Best Buy (BBY) and Atrium Health are partnering for hospital-level home care [read more]
Black Knight (BKI) will divest its Empower Los business amid regulatory scrutiny over IntercontinentalExchange's (ICE) proposed takeover [read more]

2. WALL STREET CALLS:

Delta Air Lines (DAL) upgraded to Outperform from In Line at Evercore ISI [read more]
Deutsche Bank downgrades Joby Aviation (JOBY) to Sell as it contends risks are being overlooked [read more]
CareDx (CDNA) downgraded to Equal Weight from Overweight at Stephens [read more]
Enlight Renewable (ENLT) was initiated with an Outperform at Wolfe Research and Credit Suisse while being started with an Overweight at JPMorgan and Barclays [read more]
Mineralys Therapeutics (MLYS) initiated with an Outperform at Evercore ISI and Credit Suisse, an Overweight at Wells Fargo and a Buy at Guggenheim, BofA and Stifel [read more]

3. AROUND THE WEB:

Elliott Management nominated a slate of directors for Salesforce (CRM), Reuters says [read more]
SoFi (SOFI) is suing to block Biden's student loan moratorium, AP reports [read more]
Moderna (MRNA) CEO Stephane Bancel is pushing back on pricing plans for the COVID-19 shot, WSJ reports [read more]
Tyson Foods (TSN) staff are suing the company over a lack of COVID protections, AP says [read more]
Take-Two (TTWO) is laying off workers in its Private Division business and other units, Bloomberg reports [read more]

4. MOVERS:

Protagonist Therapeutics (PTGX) gains after reporting results from its FRONTIER 1 Phase 2b study [read more]
Sea Limited (SE) rises in New York after reporting quarterly results [read more]
Quotient (QUOT) higher after Reuters reported the company is exploring options, including a sale [read more]
Cara Therapeutics (CARA) lower after reporting quarterly results [read more]
BlackBerry (BB) falls after reporting preliminary quarterly results and providing FY23 guidance [read more]

5. EARNINGS/GUIDANCE:

Dick's Sporting (DKS) reported upbeat Q4 results and raised its annualized dividend [read more]
WW (WW) reported downbeat Q4 results and agreed to acquire Sequence for $132M in cash and stock [read more]
Nutanix (NTNX) reported upbeat preliminary Q2 revenue and raised its FY23 revenue guidance [read more]
Trip.com (TCOM) reported upbeat Q4 earnings and revenue [read more]
Squarespace (SQSP) reported mixed Q4 results [read more]

INDEXES:

The Dow fell 574.98, or 1 .72%, to 32,856.46, the Nasdaq lost 145.40, or 1.25%, to 11,530.33, and the S&P 500 declined 62.05, or 1.53%, to 3,986.37.