S&P Global (SPGI) retained its rating from the
Royal Bank of Canada and despite underperforming in the market, the stock rose. The company will also participate in investor conferences in 2024. According to insights from 7 Financial Analysts, their stock fell due to lower-than-expected earnings report. However, it did see acceleration in manufacturing and services activity in May. It was announced that the acquisition of
Visible Alpha was successful, enhancing its investment research capabilities. They also launched Generative AI Search on the S&P Global Marketplace and became the exclusive provider of Baird Aftermarket Research. They have also entered collaborations to cover upcoming SEC 10c-1a regulation and collaborate on T+1 offering. They also launched
S&P AI Benchmarks by Kensho and
SFDR Sustainable Investment Framework dataset via Xpressfeed™ and Snowflake. Their stock continues to rise despite high expenses and weak Q4 earnings. Financial AI Benchmarking and Visible Alpha acquisition signify the company's push for data dominance. The company's future, despite price pressures and revenue misses, seems optimistic.
SP Global SPGI News Analytics from Mon, 31 Jul 2023 07:00:00 GMT to Sun, 26 May 2024 14:04:45 GMT -
Rating 6
- Innovation 7
- Information 5
- Rumor -3
