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S&P Global profit jumps, strikes datacenterHawk, Agusto deals
Reuters18d agobullish
S&P Global profit jumps, strikes datacenterHawk, Agusto deals

S&P Global reported a stronger second-quarter profit on Tuesday, as clients sought its ratings, indices, ‌market intelligence and analytics products amid heightened geopolitical ‌uncertainty. The financial information company also announced deals to buy data center intelligence provider ​datacenterHawk and take a majority stake in African ratings agency Agusto & Co., expanding its analytics, infrastructure and credit ratings businesses. Here are some details: • The New York-based company's revenue rose 10% to $4.15 ‌billion and adjusted ⁠earnings increasing 23% to $4.83 per share on strength in its Ratings, Indices and Market Intelligence businesses.

Tutor Perini (TPC) Joins Four Major S&P Indices And Gains Wider Investor Attention
Simply Wall St.21d agoneutral
Tutor Perini (TPC) Joins Four Major S&P Indices And Gains Wider Investor Attention

Tutor Perini (NYSE:TPC) has been added to the S&P 1000, S&P 600, S&P Composite 1500, and S&P 600 Industrials indices. The index changes bring the construction company into several widely followed S&P benchmarks at the same time. Inclusion in multiple S&P indices can affect visibility, trading activity, and how institutions view the stock. Tutor Perini enters these indices with NYSE:TPC trading around $86.77 and a value score of 4. The stock has seen recent momentum, with returns of 10.4%...

Is S&P Global’s (SPGI) Adaptive Retrieval Quietly Redefining Its Role in Enterprise AI Workflows?
Simply Wall St.21d agoneutral
Is S&P Global’s (SPGI) Adaptive Retrieval Quietly Redefining Its Role in Enterprise AI Workflows?

S&P Global Inc. recently launched Adaptive Retrieval, an AI-ready service that lets customer agents and large language models assemble licensed S&P Global data via natural language through its AI Data Portal, complementing the existing Deterministic Retrieval offering. This move deepens S&P Global’s role at the center of AI-driven workflows by turning its pre-cited, auditable datasets into plug-and-play infrastructure for enterprise-grade AI applications. We’ll now examine how S&P Global’s...

S&P Global (SPGI) Stock Fair Value Edges Higher After Mobility Spinoff Analyst Revisions
Simply Wall St.22d agoneutral
S&P Global (SPGI) Stock Fair Value Edges Higher After Mobility Spinoff Analyst Revisions

S&P Global is back in focus as fair value estimates edge higher, with one analyst model moving from about US$503.30 to around US$518.72 per share. That shift lines up with recent Street price targets clustered between roughly US$505 and US$555, as analysts refresh their views after the Mobility Global spinoff and reassess how debt issuance and data assets feed into the story. Read on to see how these moving targets shape the evolving S&P Global narrative and what to watch as new guidance...

New Home Sales: What to Watch Friday
The Wall Street Journal22d agoneutral
New Home Sales: What to Watch Friday

Today Earnings: American Express, Verizon, Charter Communications, HCA Healthcare, Volkswagen, Canadian National Railway Economic data: Commerce Department data on new home sales for June, S&P flash U.