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

1. STOCK NEWS:

Netflix (NFLX) reported mixed Q1 earnings and provided lower-than-expected guidance for Q2 [read more]
United Airlines (UAL) reported better-than-expected Q1 earnings and revenue and reiterated its FY23 earnings outlook [read more]
Morgan Stanley (MS) reported upbeat Q1 results, with CEO James Gorman said that Q1 was "eventful" for the industry, but "not so eventful" for the bank [read more]
Snap (SNAP) made a number of announcements at SPS 2023, including a multi-year partnership with Live Nation (LYV), a new AR service for retailers called Mirrors, and new AI services [read more]
The U.S. Federal Reserve said in its latest Beige Book that economic activity was "little changed in recent weeks" [read more]

2. WALL STREET CALLS:

Following last night's earnings report, Netflix (NFLX) was upgraded to Buy at UBS and added to Best Ideas List at Wedbush [read more]
Rivian Automotive (RIVN) downgraded to Sector Perform from Outperform at RBC Capital [read more]
Spirit AeroSystems (SPR) upgraded to Buy at Benchmark after "overreaction" on fitting issue [read more]
Walmart (WMT) upgraded to Buy at Gordon Haskett as traffic inflects higher [read more]
BofA downgraded CDW (CDW) to Neutral after the company negatively pre-announced [read more]

3. AROUND THE WEB:

Meta Platforms (META) to start next round of layoffs on Wednesday, Vox reports [read more]
Lululemon (LULU) approaches Hydrow over potential Mirror deal, CNBC reports [read more]
Opendoor (OPEN) cutting its workforce by another 22%, Reuters reports [read more]
Shift4 Payments (FOUR) accused of "aggressive financial maneuvers" in short report published by Blue Orca [read more]
Google (GOOGL) employees are calling the AI chatbot Bard "a pathological liar" and "cringe-worthy," Bloomberg reports [read more]

4. MOVERS:

Western Alliance Bancorporation (WAL) higher after reporting quarterly results [read more]
Intuitive Machines (LUNR) increases after its joint venture with KBR (KBR) was awarded a contract by NASA [read more]
BridgeBio (BBIO) gains after Evercore ISI initiated the stock with an Outperform rating [read more]
Extreme Networks (EXTR) falls after Craig-Hallum downgraded the stock to Hold [read more]
CDW (CDW) declines after reporting preliminary Q1 results and providing FY23 guidance [read more]

5. EARNINGS/GUIDANCE:

Travelers (TRV) reported better-than-expected Q1 results, raised its quarterly dividend, and announced an additional $5B share repurchase program [read more]
Abbott (ABT) reported upbeat Q1 results and affirmed its FY23 earnings and revenue guidance [read more]
Lithia & Driveway (LAD) reported “solid” Q1 results, CEO Bryan DeBoer said [read more]
Fulton Financial (FULT) reported Q1 EPS and revenue that came in below consensus [read more]
Citizens Financial (CFG) reported Q1 EPS that missed consensus and CEO Bruce Van Saun said the quarter brought “unexpected challenges” [read more]

INDEXES:

The Dow fell 79.62, or 0.23%, to 33,897.01, the Nasdaq gained 3.82, or 0.031%, to 12,157.23, and the S&P 500 declined 0.35, or 0.0084%, to 4,154.52.