Tesla CFO steps down; KKR reports Q2 earnings; Wayfair gets upgrade from UBS: Aug 7, 2023: (Video)

first and foremost got to take a look at the S P 500 you've seen that up by about four tenths of a percent markets waiting for a fresh inflation print consumer prices report Thursday and producers on Friday investors are hoping for continued disinflation in key areas to allow the FED to hold interest rates steady Tesla has a new master of coin long time Chief Financial Officer Zachary kirkhorn is stepping down after 13 years and immense growth and the EV giant has name as appointed vaibav Tunisia as CFO along with his current role as Chief accounting officer core Curran had received Credit in the past for his ability to navigate the demands of Tesla's leader Elon Musk investors will be keeping an eye on the impact then of this transition the shares are moving lower and looking at individual names we are watching shares of private Equity Firm KKR andco after we've reported second quarter earnings down 23 percent year over year driven by a major slump in asset sales this decline is milder than investors expected meanwhile the firm is expecting and seeking to take German space and technology company ohb private with an investment of about 48.33 a share and shares Wayfarer also on the move this morning after getting an upgrade from UBS the bank boosting the online Home Furnishings retailer to buy from neutral and raising the price Target to 110 from 72 dollars a share the analyst saying that wayfair's low multiple does not fully price in its favorable setup the market could be surprised by its profit upside by the way the shares moved up 16 percent in a single session last week following its earnings