Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.
1. STOCK NEWS:
- Amazon (AMZN) closed its deal for MGM to join Prime Video and Amazon Studios [more]
- Dollar General (DG) rose after reporting quarterly earnings in line with consensus estimates and giving guidance for FY22 net sales growth of approximately 10% [more]
- Warby Parker (WRBY) reported downbeat Q4 revenue [more]
- Lennar (LEN) reported upbeat Q1 earnings and revenue [more]
- D. E. Shaw tells Verisk (VRSK) shares can rally over 70% with changes [more]
2. WALL STREET CALLS:
- Ralph Lauren (RL) upgraded to Overweight on recent pullback at JPMorgan [more]
- Wolfe Research downgraded Capital One (COF), Alliance Data (ADS) and Synchrony (SYF) to Peer Perform on low-end consumer worries [more]
- Revolve Group (RVLV) initiated with a Buy at Needham [more]
- Norwegian Cruise (NCLH) upgraded to Equal Weight from Underweight at Morgan Stanley [more]
- 1-800-Flowers.com (FLWS) downgraded to Neutral from Buy at DA Davidson [more]
3. AROUND THE WEB:
- Bear Cave sees "problems" at Freedom Holding (FRHC) [more]
- Datto (MSP) considering strategic options that include sale, Bloomberg reports [more]
- The CEOs of Intel (INTC) and Micron (MU) will testify before the Senate for $52B in subsidies, Reuters reports [more]
- Tesla (TSLA) has delayed an over $1B bond sale backed by auto leases, Bloomberg says [more]
- The U.K. introduced an "Online Safety Bill" to monitor content from big tech firms such as Meta (FB), Twitter (TWTR), and Google (GOOGL), Mirror reports [more]
4. MOVERS:
- Root (ROOT) higher after COO Daniel Rosenthal purchased 100,000 shares of the company’s stock [more]
- Occidental Petroleum (OXY) gains after Warren Buffett’s Berkshire Hathaway (BRK.A) purchased an additional 18.1M shares of the stock in transactions valued at nearly $1B [more]
- PagerDuty (PD) rises after reporting quarterly results and after releasing Q1 and FY23 guidance [more]
- Moderna (MRNA) falls after Alnylam (ALNY) filed patent infringement suits against Pfizer (PFE) and the company [more]
- Semtech (SMTC) up after reporting better-than-expected Q4 earnings and revenue [more]
5. EARNINGS/GUIDANCE:
- G-III Apparel (GIII) reported upbeat Q4 results [more]
- Signet Jewelers (SIG) provided upbeat guidance for Q1 and FY23 [more]
- Accenture (ACN) provided a "beat and raise" report for Q2 [more]
- Williams-Sonoma (WSM) reported upbeat Q4 adjusted earnings [more]
- Designer Brands (DBI) reported downbeat Q4 results [more]
INDEXES:
The Dow rose 417.66, or 1.23%, to 34,480.76, the Nasdaq gained 178.23, or 1.33%, to 13,614.78, and the S&P 500 advanced 53.81, or 1.23%, to 4,411.67.