S&P Global (SPGI) has appointed
Yann Le Pallec as President following a successful acquisition of Visible Alpha. This move is noted as a push towards data dominance. Martina Cheung has been announced as their new CEO.
Strategic progress sees the launch of Generative AI Search on S&P Marketplace, and a collaboration with Cappitech to cover upcoming SEC regulation. Furthermore, S&P Global joined
Project Guardian and acquired World Hydrogen Leaders, bolstering its position in sustainable energy market. Despite underperforming against competition on certain days, the company had notably beat Q1 earning and revenue estimates. Analysts at Morgan Stanley and Oppenheimer increased the firm's price target. While dissenting voices suggest selling SPGI, others highlight it as a top dividend growth stock to hold. There are mixed responses around Q1 results, which on one hand beat estimates but are also cited for a decline.
Acquisitions emerge as a significant element in gains, despite high expenses. S&P is also debuting SFDR Sustainable Investment Framework data set.
SP Global SPGI News Analytics from Tue, 28 Nov 2023 08:00:00 GMT to Sun, 07 Jul 2024 17:26:16 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 4
