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

1. STOCK NEWS:

• Stellantis (STLA) cut its 2024 net income and cash flow targets amid industry "deterioration"
• TPG (TPG) agreed to acquire AT&T's (T) 70% stake in DirecTV, with DirecTV simultaneously agreeing to acquire EchoStar's (SATS) video distribution business, DISH
• The International Association of Machinists and Aerospace Workers said that talks with Boeing (BA) have broken off without progress to end a strike
• Apple (AAPL) is no longer in discussions to join OpenAI's upcoming investment round, WSJ reports
• Glenview Capital plans to push for changes at CVS (CVS), WSJ says

2. WALL STREET CALLS:

• Seaport upgraded Disney (DIS) to Buy on better macroeconomic outlook
• TD Securities upgraded Accenture (ACN) to Buy
• Barclays downgraded Procter & Gamble (PG) on exposure to slowing markets
• Morgan Stanley downgraded JPMorgan (JPM) to Equal Weight
• Wolfe Research downgraded Charter (CHTR) to Underperform

3. AROUND THE WEB:

• Lionsgate (LION) is offering an early retirement program to U.S. employees, WSJ reports
• TPG (TPG) is close to a deal to buy Partners Group's (PGPHF) Techem for up to EUR7B, FT reports
• Adnoc is near a $13B deal to acquire Covestro (COVTY), WSJ says
• SoftBank's (SFTBY) Vision Fund will invest $500M in OpenAI's latest funding round, The Information says
• Bumble (BMBL), Muzz, and Match Group (MTCH) are pushing their friend-finding and community-building products, FT says

4. MOVERS:

• Prime Medicine (PRME) higher after announcing a collaboration and license agreement with Bristol Myers Squibb (BMY)
• SelectQuote (SLQT) gains after Craig-Hallum initiated coverage of the stock with a Buy rating
• Nio (NIO) increases in New York after announcing a RMB3.3B investment in Nio China from strategic investors
• New Fortress Energy (NFE) falls after determining to delay the payment of the company's previously declared 10c per share stock dividend
• Serve Robotics (SERV) lower after filing a $200M mixed securities shelf

5. EARNINGS/GUIDANCE:

• Carnival (CCL) reported Q3 results and provided guidance for Q4 and FY24
• Crown Electrokinetics (CRKN) provided guidance for Q4
• AudioEye (AEYE) raised its guidance for FY24
• Captivision (CAPT) reported results for 1H24, with CEO Gary Garrabrant commenting, "We are pleased with the strong growth of sales"
• LOBO EV (LOBO) reported 1H24 results, with EPS lower year-over-year

INDEXES:

The Dow rose 17.15, or 0.041%, to 42,330.15, the Nasdaq gained 69.58, or 0.38%, to 18,189.17, and the S&P 500 advanced 24.31, or 0.42%, to 5,762.48.