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:

• The FTC has opened an antitrust investigation into Microsoft (MSFT), Bloomberg reports
• Meanwhile, Bloomberg also reported that the FTC is investigating Uber (UBER) over consumer protection laws
• Applied Therapeutics (APLT) shares have been sliding since Wednesday after the company's NDA for govorestat received a negative response from the FDA
• GeoPark (GPRK) agreed to acquire Repsol's (REPYY) upstream oil and gas assets in Colombia
• Lion Electric (LEV) is quickly approaching a creditor deadline, Bloomberg says

2. WALL STREET CALLS:

• Wedbush upgraded Voyager Therapeutics (VYGR) to Outperform
• HSBC downgraded HP Inc. (HPQ) to Hold
• HSBC also downgraded Autodesk (ADSK) to Hold
• B. Riley downgraded RumbleON (RMBL) to Neutral
• Applied Therapeutics (APLT) downgraded to Sector Perform from Outperform at RBC "05:25 APLT RBC Capital analyst Brian…

• Stellantis (STLA) is reducing its output in Italy starting next week due to waning EV sales, Bloomberg reports
• Amazon (AMZN) employees in over 20 countries plan to hold protests or go on strike between Black Friday and Cyber Monday, NBC reports
• HSBC (HSBC) is pulling back from its credit card business in China eight years after its launch, Reuters says
• Reddit (RDDT) is accelerating efforts to attract additional users outside of the U.S., CNBC says
• India issued a notice to Volkswagen (VWAGY) for allegedly evading $1.4B in taxes, Reuters reports

4. MOVERS:

• Marvell (MRVL) and Nvidia (NVDA) gained after Bloomberg reported the Biden administration is debating on additional curbs on the sales of semiconductor equipment and AI memory chips to China
• Aegon (AEG) increased in New York after BofA upgraded the stock to Buy from Neutral
• First Solar (FSLR) higher after the U.S. Commerce Department set a new antidumping tariff rate of 125.37% on solar cells from Cambodia, Malaysia, Thailand and Vietnam
• StoneCo (STNE) declined in New York after Reuters reported the company is unimpressed by the non-binding offers for Linux
• Haleon (HLN) finished lower after JPMorgan raised its price target on the stock to 310 GBp from 300 GBp and maintained an Underweight rating on the stock

5. EARNINGS/GUIDANCE:

• SentinelOne (S) will report Q3 results on December 4, with JPMorgan commenting it expects to see the narrative for the stock "shifting in its favor"
• Zscaler (ZS) will report Q1 results on December 2, with JPMorgan commenting it sees the setup for the remainder of the fiscal year as "compelling"
• Okta (OKTA) will report Q3 results on December 3, with JPMorgan expecting a longer duration of recovery for the stock
• Salesforce (CRM) will report Q3 results on December 3
• Royal Bank of Canada (RY) will report Q4 results on December 4

INDEXES:

The Dow rose 188.59, or 0.42%, to 44,910.65, the Nasdaq gained 157.69, or 0.83%, to 19,218.17, and the S&P 500 advanced 33.64, or 0.56%, to 6,032.38.