S&P Global Stock Price, News & Analysis

automotiveMastermind, a subsidiary of S&P Global (SPGI), has announced the promotion of Aaron Baldwin from Chief Product Officer to CEO, replacing outgoing CEO Matt Leone. Baldwin, who joined the company in June 2021, has been instrumental in driving product innovation and revenue growth over the last four years. With 13 years of retail automotive experience and 12 years in SaaS companies, Baldwin has led the transformation of the Mastermind platform and marketing services, focusing on innovative dealership solutions. Under his product leadership, the company has achieved strong year-over-year revenue growth and rapid product expansion.

S&P Global Commodity Insights' Platts has launched new low-carbon methanol marine fuel (MMF) price assessments for Shanghai and Rotterdam, effective May 2, 2025. The Shanghai assessments mark the first such assessments in China, following Singapore's launch six months prior. Shanghai, the world's busiest container port, is expected to be a leading Chinese low-carbon methanol trading hub, with China's biomethanol and eMethanol capacity projected to reach 1.5 million mt/year by 2028. The Rotterdam assessments cater to Europe's largest port and bunker hub. These launches come amid significant regulatory developments, including IMO's decision to implement penalties for maritime greenhouse gas emissions from 2028 and FuelEU Maritime's requirement for 2% GHG intensity reduction from 2025-2029, escalating to 80% by 2050.

CARFAX Canada and Kijiji have announced a strategic partnership to enhance used vehicle valuations in the Canadian market. The collaboration integrates CARFAX's comprehensive valuation capabilities into Kijiji's platform, providing average market prices for all listed vehicles.

The new feature helps sellers set competitive prices while assuring buyers of fair deals. CARFAX's pricing model uses actual transaction data, considering factors like year, make, model, trim, odometer readings, location, and real-time market fluctuations. The system provides deal ratings from "great price" to "higher price" by comparing asking prices with market averages.

Led by CARFAX Canada President Shawn Vording and Kijiji Chief Sales Officer Leanne Kripp, this partnership aims to bring transparency to vehicle valuations during economic changes. The integration leverages CARFAX's extensive database of billions of vehicle records to deliver accurate, real-time pricing information to Canadian car buyers and sellers through Kijiji.ca.

The S&P CoreLogic Case-Shiller U.S. National Home Price Index recorded a 3.9% annual gain in February 2025, showing a slight decrease from January's 4.1%. The report reveals divergent regional trends across major U.S. cities.

Key findings:

• New York leads with 7.7% annual growth
• Chicago (7.0%) and Cleveland (6.6%) follow as top performers
• Tampa shows weakest performance with -1.5% decline
• 17 of 20 metro areas posted positive monthly gains

Despite mortgage rates remaining in the mid-6% range and ongoing affordability challenges, home prices demonstrate resilience. This stability is attributed to limited housing supply offsetting cooler buyer demand. The 20-City Composite rose 4.5% year-over-year, while the 10-City Composite gained 5.2%. Monthly data shows encouraging signs, with the National Index rising 0.4% from January before seasonal adjustment.

S&P Global has announced plans to separate its Mobility segment into a standalone public company. The separation, expected to complete within 12-18 months, aims to create long-term value for both entities.

The Mobility segment, which includes prominent brands like CARFAX, automotiveMastermind, and Polk Automotive Solutions, generated $1.6 billion in revenue in 2024, showing 8% year-over-year growth. The unit specializes in automotive data and technology across three divisions: Used Vehicle Sales & Service, Strategy & Product Planning, and New Vehicle Sales & Marketing.

Post-separation, S&P Global will maintain focus on its four core businesses: Market Intelligence, Ratings, Commodity Insights, and Dow Jones Indices. The company expects to benefit from simplified operations and increased focus on enterprise strategy. Both companies will have independent management teams, distinct business models, and financial flexibility to pursue growth opportunities.

The transaction is intended to be tax-free for shareholders and requires final Board approval and SEC registration.

S&P Global (NYSE: SPGI) has released its first quarter 2025 financial results and announced plans to separate its Mobility Division. The company's detailed earnings report and supplemental materials are now accessible through their investor relations website.

The company's senior management team will host a conference call on April 29, 2025, at 8:30 a.m. EDT to discuss the Q1 2025 performance. Investors and stakeholders can access:

• Complete earnings release and supplemental materials
• Additional presentation content
• Live and replay versions of the webcast

All materials and the webcast can be accessed at http://investor.spglobal.com/Quarterly-Earnings.

CARFAX reports that 5.7 million vehicles in the U.S. still contain defective Takata airbags, despite approximately 750,000 replacements completed in the past 12 months. The company has launched a new 'Recall Tracker' to monitor urgent auto recalls nationwide.

The top states for airbag replacements in the last year include California (107,500), Texas (80,800), New York (41,000), Illinois (40,800), and Florida (35,200). However, significant numbers of unrepaired airbags remain, with Texas leading at 706,900 vehicles, followed by California (631,440) and Florida (270,140).

Several states utilize CARFAX's Vehicle Recall Search Service, a free tool developed with the Alliance for Automotive Innovation, allowing state agencies to check for unrepaired recalls. Consumers can check their vehicles for recalls at carfax.com/recall or through the Carfax Car Care app.

S&P Global (NYSE: SPGI) has announced an agreement to acquire ORBCOMM's Automatic Identification System (AIS) data services business, a leading provider of satellite data services for vessel tracking and monitoring. The acquisition will strengthen S&P Global's maritime and supply chain offerings, with the AIS business being integrated into the S&P Global Market Intelligence division.

Additionally, S&P Global will take a strategic equity position in ORBCOMM, forming an alliance to develop differentiated supply chain data and insight offerings. The partnership aims to combine S&P Global's expertise with ORBCOMM's technology in global trade and logistics ecosystems.

The transaction is expected to close during 2025, subject to regulatory approvals. Financial terms were not disclosed.

S&P Global (NYSE: SPGI) has announced the integration of its AI-ready commodities data with Microsoft 365 Copilot. The new AI agent capabilities leverage S&P Global Commodity Insights' expertise to provide comprehensive commodities data analysis without requiring coding skills.

The integration enables direct access to S&P Global's commodity sector data through Microsoft 365 Copilot's AI Ready Data connector, streamlining access to market reports, news articles, rationales, commentaries, and fundamental analyses. This collaboration aims to enhance productivity and decision-making capabilities for users within the Microsoft 365 environment.