Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.
1. STOCK NEWS:
- Salesforce (CRM) said it is increasing list prices by an average of 9% in August [read more]
- Amazon's (AMZN) Prime Day sales event kicked off Tuesday [read more]
- Equitrans Midstream (ETRN) said it is "disappointed" in the U.S. Court of Appeals' decision on Jefferson National Forest authorizations for the Mountain Valley Pipeline project [read more]
- The CFPB announced an action against Bank of America (BAC) for "systemically double-dipping on fees" [read more]
- A judge has sided with Microsoft (MSFT) over the FTC, allowing the Xbox maker proceed with its proposed takeover of Activision Blizzard (ATVI), Bloomberg reports [read more]
2. WALL STREET CALLS:
3. AROUND THE WEB:
- Takeda (TAK) withdraws its U.S. BLA for Dengue vaccine candidate, Reuters says [read more]
- Foxconn (HNHPF) ended its partnership with Vedanta, WSJ reports [read more]
- Microsoft (MSFT) begins another round of job cuts, Verge says [read more]
- Uber (UBER) CFO Nelson Chai intends to leave the company, Bloomberg says [read more]
- A dissident group within the Amazon Labor Union (AMZN) has filed a complaint with a federal court, NY Times reports [read more]
4. MOVERS:
- BioLife Solutions (BLFS) up after Craig-Hallum started coverage of the stock with a Buy rating and $29 price target [read more]
- Newell Brands (NWL) rises after Canaccord initiated coverage of the stock with a Buy rating [read more]
- New Gold (NGD) higher after reporting Q2 gold equivalent production [read more]
- Iovance Biotherapeutics (IOVA) falls after announcing a 20M share offering [read more]
- Gol Linhas (GOL) lower after Goldman Sachs downgraded the stock to Neutral [read more]
5. EARNINGS/GUIDANCE:
- GlobalFoundries (GFS) reaffirmed Q2 guidance along with announcing that Tim Stone will not assume CFO position [read more]
- WD-40 (WDFC) reported Q3 results and reaffirmed its FY23 guidance [read more]
- AirSculpt Technologies (AIRS) provided guidance for Q2 and cut its FY23 outlook [read more]
- SpringBig (SBIG) announced guidance for Q2 and FY23 [read more]
- CalAmp (CAMP) reported Q1 results and provided Q2 guidance [read more]
INDEXES:
Near midday, the Dow was up 237.30, or 0.70%, to 34,181.70, the Nasdaq was up 51.35, or 0.38%, to 13,736.84, and the S&P 500 was up 20.71, or 0.47%, to 4,430.24.