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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailXpeng has long-term plan for Europe despite tariffs, president saysBrian Gu, vice chairman and president of Xpeng joins CNBC Europe from the Paris Motor Show to discuss the EV transition in Europe and the EV market in China.
Persons: Brian Gu, Xpeng Organizations: CNBC Europe, Paris Locations: Europe, China
Sarah Nassauer — Reporter at The Wall Street Journal
  + stars: | 2023-10-16 | by ( Sarah Nassauer | ) www.wsj.com   time to read: 1 min
Sarah NassauerSarah Nassauer writes about large retailers including Walmart, Target, Costco, Home Depot and Dollar General for The Wall Street Journal’s corporate bureau in New York. Her stories often explore how big retailers navigate change. She writes about a wide range of topics including the pandemic, consumer spending, labor issues and ecommerce trends. Sarah joined the Journal to cover the wine industry and local news from the Journal’s Paris bureau. She started her journalism career in Paris at the Dow Jones Newswires and CNBC Europe.
Persons: Sarah Nassauer Sarah Nassauer, Sarah, Dow Jones Newswires Organizations: Walmart, Target, Costco, Home Depot, The, Dow, CNBC Locations: New York, Paris, CNBC Europe
Third quarter corporate earnings are set to kick off soon, and there are the usual concerns about an earnings collapse. While some sectors —technology chief among them — have seen earnings come down, the S & P 500 has not collapsed. Analysts are still expecting S & P earnings gains of roughly 5% for Q3. However, the multiple (P/E ratio) has collapsed, as Brian Belski from BMO pointed out in a note to clients. Belski noted that 66% of S & P 500 stocks currently have P/E multiples below their historical averages, compared to 40% at the end of 2021.
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