Carl Quintanilla, Sara Eisen, and David Faber discussed Target’s latest results and the company’s big C-Suite shuffle. Target announced that company veteran Michael Fiddelke will become its next CEO starting next February, as shares of the retailer dropped in early trading. The desk also hit Palantir’s big pullback, down more than 20% from its recent highs. Also in the mix: CNBC’s Steve Liesman joined the program live from Jackson Hole, Wyoming with a new survey looking at the race to replace Fed Chair Powell.

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