S&P Global (SPGI) continues to see benefits from its
acquisitions despite increasing expenses. The company, in collaboration with
CME, is reportedly exploring the sale of their joint venture OSTTRA. The stock has seen growth with
Calamos Wealth Management and
Sather Financial Group Inc. increasing their position. A partnership with
Accenture has been announced to harness generative AI's potential, enhancing their innovative footprint. The sale of
Fincentric was completed successfully, and the company reported mixed results for its
Q1 performance. It also raised its annual profit forecast on increasing demand for analytics products. S&P Global revealed successful completion of
Visible Alpha Acquisition. The company also announced insider
Martina Cheung as its new CEO. Furthermore, it reported
higher than expected earnings and revenue for
Q2. Moreover, the company agrees to acquire
Visible Alpha enhancing its investment research capabilities. It also launched generative AI search on its marketplace, ready to capitalize on information demand and predicts a rapid expansion of generative AI software market by 2028 to $52.2 billion.
SP Global SPGI News Analytics from Tue, 28 Nov 2023 08:00:00 GMT to Sun, 25 Aug 2024 19:45:49 GMT -
Rating 7
- Innovation 8
- Information 7
- Rumor 1
