S&P Global has shown notable performance lately, with a consistent increase in dividends, leading to a rise of 2.3% since the last earnings report. This can be attributed to strong leadership, the decision to spin-off its mobility segment and an intense focus on artificial intelligence (AI), all contributing to a robust full-year 2024 result. As part of its tech progression, S&P Global has completed the acquisition of TeraHelix, boosting its data modelling capacity.
Significantly, S&P Global has expanded its collaboration with Databricks, incorporating S&P Capital IQ Pro datasets via Delta Sharing. The company has also revolutionized credit research through CreditCompanion, a new AI tool. Inherently, these strategic developments point towards S&P Global priming for a prosperous long-term outlook.
Furthermore, the company has executed a significant deal recently, selling its business OSTTRA to KKR for an enormous $3.1 billion. All these moves have nurtured rising relative price performance, still shy of a key landmark yet demonstrating potential for sustainable growth. Overall the high growth is expected to continue, implying that buying S&P Global stocks could yield lucrative results for long-term investors.
SP Global SPGI News Analytics from Tue, 30 Jul 2024 07:00:00 GMT to Sun, 15 Jun 2025 12:53:00 GMT - Rating 6 - Innovation 7 - Information 7 - Rumor 5
