STOCK TITAN

S&P Global Inc. - SPGI STOCK NEWS

Welcome to our dedicated page for S&P Global news (Ticker: SPGI), a resource for investors and traders seeking the latest updates and insights on S&P Global stock.

S&P Global Inc. (NYSE: SPGI) is a leading provider of essential financial intelligence, empowering governments, businesses, and individuals with the right data, expertise, and connected technology to make decisions confidently. As the largest of the Big Three credit rating agencies, S&P Global provides a wide array of services including credit ratings, benchmarks, analytics, and workflow solutions that cater to the global capital, commodity, and automotive markets.

S&P Global Ratings is renowned for its financial research and analysis on stocks, bonds, and commodities. This segment remains the largest credit rating agency worldwide and is pivotal to the company’s profitability. Another significant segment, Market Intelligence, offers desktop, data, and advisory solutions, primarily targeting the financial services industry with platforms like Capital IQ Pro. This division was recently bolstered by the acquisition of Visible Alpha, enhancing its investment research and analytics capabilities.

In addition to these core areas, S&P Global encompasses Commodity Insights (including Platts), Mobility (with Carfax), and Indices (featuring the S&P 500® and Dow Jones Industrial Average®). The company's commitment to innovation and market leadership is further demonstrated through its strategic partnerships and acquisitions, such as the integration with CarNow to enhance automotive data analytics and customer engagement.

Recent news highlights include the integration of DigitalOcean Holdings Inc. into the S&P SmallCap 600, the enhanced oil sands production outlook by S&P Global Commodity Insights, and the strategic partnership between automotiveMastermind and CarNow. Moreover, the company's surveys and reports, like the one conducted with AARP on adult caregiving, showcase its role in addressing contemporary societal challenges.

Visit S&P Global for more information on their offerings and insights.

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.76%
Tags
none
-
Rhea-AI Summary

S&P Dow Jones Indices is updating its market capitalization eligibility criteria for new additions to the S&P Composite 1500 Indices, effective December 8, 2020. The new criteria specify:

  • For the S&P 500: minimum market cap of $9.8 billion.
  • For the S&P MidCap 400: market cap between $3.2 billion and $9.8 billion.
  • For the S&P SmallCap 600: market cap between $700 million and $3.2 billion.

This update reflects overall market conditions and is subject to quarterly review.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.76%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.95%
Tags
conferences
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.95%
Tags
none
-
Rhea-AI Summary

S&P Global's CFO, Ewout Steenbergen, will present at the Goldman Sachs U.S. Financial Services Conference on December 8, from 10:40 a.m. to 11:15 a.m. ET. The event will feature a 'fireside chat' format and will be available via a live and replay webcast on the company's Investor Relations website. The replay will be accessible for three months, concluding on March 7, 2021. S&P Global is recognized as a leading provider of credit ratings, benchmarks, and analytics in global markets for over 160 years.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.93%
Tags
conferences
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.93%
Tags
none
Rhea-AI Summary

The COVID-19 pandemic will heavily impact global credit conditions in 2021, according to S&P Global Ratings. Despite vaccine optimism, economic recovery will vary worldwide, with a forecasted global GDP growth of 5.0%, down from previous estimates. The U.S. and Europe will see 4.2% and 4.8% growth, respectively, while emerging markets face financial challenges. Credit downgrades are anticipated, with a 36% negative bias among rated entities. Defaults may rise, with speculative-grade default rates expected to hit 9% in the U.S. and 8% in Europe by September 2021.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.93%
Tags
covid-19
-
Rhea-AI Summary

S&P Dow Jones Indices (S&P DJI) is expanding into the cryptocurrency market through a partnership with Lukka, a crypto asset software and data company. This collaboration will provide S&P DJI-branded cryptocurrency indices and benchmarking solutions, utilizing Lukka's proprietary pricing data. This move aims to meet the growing demand for reliable cryptocurrency benchmarks, promoting transparency and mitigating risks associated with the volatile crypto market. The initiative is seen as a timely response to the rising interest in digital assets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2%
Tags
none
-
Rhea-AI Summary

S&P Global Platts has initiated a formal consultation regarding the inclusion of WTI Midland crude in the Dated Brent benchmark. This proposal aims to gather market feedback until February 5, 2021. WTI Midland, a light sweet crude with daily exports exceeding 1 million barrels, has become essential for European refiners. The inclusion could enhance the robustness of Dated Brent for years to come. The consultation seeks input on quality premiums and logistical considerations for this potential integration.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2%
Tags
none
Rhea-AI Summary

Jason Alexander, renowned for his work in cinema and television, will host the 22nd annual Global Energy Awards presented by S&P Global Platts. This event, often dubbed the Oscars of Energy, will take place on December 10, 2020, from 3:00 pm to 5:00 pm ET. This year's awards aim to lift spirits amid the ongoing challenges posed by the coronavirus pandemic, celebrating leadership and innovation in the energy sector. The awards span 21 categories, including Energy Company of the Year and CEO of the Year.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.31%
Tags
conferences

FAQ

What is the current stock price of S&P Global (SPGI)?

The current stock price of S&P Global (SPGI) is $491.81 as of December 20, 2024.

What is the market cap of S&P Global (SPGI)?

The market cap of S&P Global (SPGI) is approximately 150.9B.

What does S&P Global Inc. do?

S&P Global Inc. provides credit ratings, benchmarks, analytics, and workflow solutions across global capital, commodity, and automotive markets.

What are the main segments of S&P Global?

The main segments are S&P Global Ratings, Market Intelligence, Commodity Insights, Mobility, and Indices.

What recent acquisition did S&P Global complete?

S&P Global recently completed the acquisition of Visible Alpha, enhancing its investment research capabilities on the Capital IQ Pro platform.

What is S&P Global's role in the credit rating industry?

S&P Global Ratings is the largest credit rating agency globally, providing financial research and analysis on stocks, bonds, and commodities.

How does S&P Global contribute to the automotive industry?

Through its Mobility segment, including Carfax, S&P Global provides data and analytics to improve vehicle history reporting and enhance customer engagement.

What significant index does S&P Global manage?

S&P Global manages several significant indices, including the S&P 500® and the Dow Jones Industrial Average®.

What strategic partnership did automotiveMastermind recently form?

automotiveMastermind, part of S&P Global Mobility, formed a strategic partnership with CarNow to enhance real-time data analytics and customer insights for automotive dealers.

How does S&P Global support the energy sector?

S&P Global Commodity Insights provides a comprehensive view of global energy markets, including benchmarks and analytics for better decision-making.

What is the Container Port Performance Index (CPPI)?

The CPPI, developed by the World Bank and S&P Global Market Intelligence, ranks global container ports by efficiency, focusing on port stay duration for vessels.

How is S&P Global addressing the needs of working caregivers?

S&P Global, in collaboration with AARP, conducts surveys to understand caregiver experiences and advocates for supportive workplace policies for employees with caregiving responsibilities.

S&P Global Inc.

NYSE:SPGI

SPGI Rankings

SPGI Stock Data

150.91B
309.73M
0.17%
90.48%
1.26%
Financial Data & Stock Exchanges
Services-consumer Credit Reporting, Collection Agencies
Link
United States of America
NEW YORK