The financial information and analytics firm S&P Global (SPGI) is experiencing considerable financial growth. Its dividend growth rate over a 5-year time period is showing positive signs. Several acquisitions have been initiated by SPGI to expand the scope of its influence, such as the acquisition of World Hydrogen Leaders by the company's Commodity Insights division. Despite the occasional underperformance when compared to competitors, the company's year-to-date growth is pegged at 22.4%. Positive earnings forecasts have also been given by Zacks Research for Q2 2024, predicting earnings of $3.26 per Share. The company has completed the successful acquisition of Visible Alpha thereby enhancing its investment research capabilities. SPGI has also continued to show strong financial AI benchmarking and has introduced generative AI search functionalities within its marketplace. Additionally, several new partnerships and collaborative ventures have been created, including with DTCC and Vertical IQ. Finally, they are evaluating options for a $12 billion mobility unit, following a strong Q1 earnings beat.
SP Global SPGI News Analytics from Mon, 31 Jul 2023 07:00:00 GMT to Thu, 16 May 2024 18:35:20 GMT - Rating 7 - Innovation 5 - Information 8 - Rumor -2
