S&P Global (SPGI) has seen a series of shifts, starting with the completed sales of
Fincentric and acquisition of
Visible Alpha, aimed at enhancing investment research capabilities, and
World Hydrogen Leaders which solidifies its stance in the commodity insights sector. The company has also partnered with
Accenture to harness Generative AI potentials and launched
Peer Comparables for private investors and
Generative AI Search on their marketplace. A Q1 slump led to mixed results, but
revenues and earnings beat estimates in Q2, even with high acquisition costs.
Martina Cheung was announced as the new CEO, continuing the company's progressive strategies. Another noteworthy activity is the company's participation in investor conferences and earning announcement schedules, emphasizing transparency for investors. S&P Global's acquisition strategies, strong dividend returns, and affirmative predictions of the AI software market presented a generally positive investment outlook. Despite some underperformances and lower-than-expected earnings, the company remains confident and continues to present attractive growth and dividend opportunities.
SP Global SPGI News Analytics from Tue, 28 Nov 2023 08:00:00 GMT to Sun, 18 Aug 2024 06:27:31 GMT -
Rating 7
- Innovation 6
- Information 6
- Rumor 4
