Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.
1. STOCK NEWS:
- HP Inc. (HPQ) reported mixed Q1 results [read more]
- Lowe's (LOW) reported better-than-expected Q4 earnings [read more]
- Kohl's (KSS) reported downbeat Q4 results [read more]
- Novavax (NVAX) reported worse-than-expected Q4 results and said that "substantial doubt exists" on the company's ability to continue as a going concern [read more]
- Honda (HMC) reported a 1.4% decline in U.S. sales in February [read more]
2. WALL STREET CALLS:
- UBS upgrades Philip Morris (PM) to Buy into heated tobacco launches [read more]
- Sarepta (SRPT) upgraded to Overweight from Equal Weight at Morgan Stanley [read more]
- Spotify (SPOT) upgraded to Buy from Neutral at Redburn [read more]
- Marqeta (MQ) downgraded to Neutral from Overweight at JPMorgan [read more]
- Procter & Gamble (PG) upgraded to Buy from Neutral at UBS [read more]
3. AROUND THE WEB:
- General Motors (GM) confirmed to cut about 500 white-collar jobs, Detroit News reports [read more]
- Microsoft (MSFT) and Intel (INTC) hint at Windows 12, Verge reports [read more]
- Meta (META) plans to launch full-fledged AR glasses in 2027, Verge says [read more]
- SoftBank's (SFTBY) Arm rules out U.K. listing to focus on U.S. IPO, Bloomberg reports [read more]
- Tesla (TSLA) is preparing a production revamp of the Model Y, Reuters says [read more]
4. MOVERS:
- Reata Pharmaceuticals (RETA) gains after announcing FDA approval of Skyclarys [read more]
- Nerdy (NRDY) and B&G Foods (BGS) rise after reporting quarterly results [read more]
- Amplify Energy (AMPY) higher after reaching a $96.5M settlement with shipping companies [read more]
- Xometry (XMTR) lower after reporting quarterly results and providing guidance [read more]
- Figs (FIGS) and National Vision (EYE) lower after reporting quarterly results [read more]
5. EARNINGS/GUIDANCE:
- Rivian (RIVN) reported lower-than-expected Q4 revenue [read more]
- Monster Beverage (MNST) reported downbeat Q4 earnings and revenue [read more]
- Wendy's (WEN) reported upbeat Q4 results [read more]
- Ambarella (AMBA) reported upbeat Q4 earnings and revenue [read more]
- Marqeta (MQ) reported better-than-expected Q4 results, but gave "disappointing" FY23 gross profit guidance [read more]
INDEXES:
The Dow rose 5.14, or 0.016%, to 32,661.84, the Nasdaq lost 76.06, or 0.66%, to 11,379.48, and the S&P 500 declined 18.76, or 0.47%, to 3,951.39.