On the Fly News and insights, exclusive to thefly.com

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

1. STOCK NEWS:

• Elliott has built a $5B+ stake in Honeywell (HON) and is urging for a "simplification" of the company's structure
• Home Depot (HD) reported upbeat Q3 results and narrowed its FY24 guidance
• Live Nation (LYV) reported mixed Q3 results
• IAC (IAC) is exploring a spinoff of its 85% ownership in Angi (ANGI) to shareholders
• The U.S. Department of Justice, together with multiple state Attorneys General, has filed a lawsuit to block UnitedHealth's (UNH) proposed takeover of Amedisys (AMED)

2. WALL STREET CALLS:

• Nvidia (NVDA) initiated with bullish view at Redburn Atlantic
• SentinelOne (S) upgraded to Buy at Deutsche Bank
• Airbnb (ABNB) downgraded to Reduce at Phillip Securities
• Leerink upgraded Bristol Myers (BMY) to Outperform after AbbVie (ABBV) schizophrenia drug failure
• Ross Stores (ROST) downgraded at Citi, here's why

3. AROUND THE WEB:

• Royal Mail has begun piloting electric delivery vehicles from Canoo (GOEV), EV says
• Pfizer (PFE) is exploring the sale of its hospital drugs unit as the drugmaker looks to divest non-core assets, Reuters reports
• Disney (DIS) is exploring fresh candidates in its search for a successor to CEO Bob Iger, WSJ reports
• Amazon (AMZN) is set to release its newest AI chips, FT says
• Exxon (XOM) CEO Darren Woods says President-elect Trump's plan to pull U.S. out of the Paris climate agreement is a bad idea, WSJ reports

4. MOVERS:

• Altimmune (ALT) and Sea Limited (SE) increase in New York after reporting quarterly results
• Alight (ALIT) higher after reporting Q3 results and announcing a new quarterly dividend program
• Genius Sports (GENI) gains in New York after reporting Q3 results and raising its guidance for FY24
• Pagaya (PGY) and Zeta Global (ZETA) lower after reporting quarterly results
• Syndax (SNDX) falls after announcing results from its Phase 2 AUGMENT-101 trial of revumenib

5. EARNINGS/GUIDANCE:

• Shopify (SHOP) reported upbeat Q3 revenue
• Tyson Foods (TSN) reported Q4 results, with CEO Donnie King commenting, "We delivered significant improvement in profitability for the fourth quarter and full year"
• Mosaic (MOS) reported Q3 results, with EPS and revenue missing consensus
• EVgo (EVGO) reported Q3 results and provided guidance for FY24
• Novavax (NVAX) reported Q3 results and cut its guidance for FY24

INDEXES:

The Dow fell 382.15, or 0.86%, to 43,910.98, the Nasdaq lost 17.36, or 0.09%, to 19,281.40, and the S&P 500 declined 17.36, or 0.29%, to 5,983.99.