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Pinterest Earnings, BP's Record Annual Profit, and More Fed Speak Today 02/07/23

Morning Call

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The Big Money Movers of the Morning

New York Stock Exchange plans to make some investors whole following last month's trading glitch. CVS Health is reportedly nearing a deal to buy primary care operator Oak Street Health for $10.5 billion, including debt. BP posting an record annual profit of $28 billion and hiking its dividend 10%. It will launch a nearly $3 billion stock buyback. President says he'll propose quadrupling the new 1% tax on buybacks during the state of the union addressed tonight with Republican-controlled house.

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