S&P Global Stock Price, News & Analysis

S&P Global (NYSE: SPGI) has released its latest Look Forward research series, analyzing AI's impact across multiple sectors. The report examines three key areas: labor markets, where AI will drive efficiency and create new roles while requiring reskilling; the energy sector, where growing datacenter demand will impact power infrastructure and clean energy adoption; and societal implications, including AI's potential to transform creative processes, education, and access to essential services.

According to Swamy Kocherlakota, EVP and Chief Digital Solutions Officer, the research leverages S&P Global's expertise and data to help organizations navigate these transitions effectively. The report highlights how AI will reshape electricity consumption patterns and emphasizes the need to balance risks and opportunities in AI implementation.

S&P Dow Jones Indices (S&P DJI) and UBS have announced the launch of the S&P UBS Leveraged Loan Indices, formerly known as the Credit Suisse Leveraged Loan Indices. These indices track performance across global loan markets using S&P Global Market Intelligence's pricing data.

The suite encompasses over 2,000 indices covering USD 1.6 trillion in market value, measuring leveraged loans in US dollars, Euro, and British sterling. S&P DJI will serve as the exclusive publisher, calculator, administrator, and licensor of this index family.

The U.S. leveraged loan market has experienced substantial growth, expanding from USD 400 million to USD 1.3 trillion. The indices will be consolidated in 2025, with S&P DJI's iBoxx USD Leveraged Loan Indices being integrated into the S&P UBS Leveraged Loan Index suite.

S&P Global Market Intelligence has released its annual Global Regulatory Reporting Survey, revealing significant operational challenges in the regulatory reporting market. The survey highlights that 40% of respondents rely on manual processes for adapting to regulatory changes, while nearly 40% of firms spend over ten hours weekly addressing data quality issues.

The survey, conducted by Cappitech in summer 2024, shows that 70% of firms felt well-prepared for regulatory changes, and two-thirds are either using or planning to use third-party solutions. The study gathered responses from 74 professionals across various regions, primarily representing banks and asset managers.

S&P Global Commodity Insights has launched five new price-assessment-based indices through its Platts division to track global commodity sector value trends. The new indices cover Global Transportation Fuels, Conventional Energy, Industrial Materials, Decarbonization, and Global Recycled Packaging. These indices compile spot physical prices from various markets including oil, natural gas, LNG, carbon, metals, chemicals, and biofuels. Over 380 companies have engaged with these indices during beta testing, with the Transportation Fuels Index showing a 9.5% decline year-to-date through October, indicating reduced inflationary pressure from fuel costs.

CARFAX Canada has released its Year in Rear View 2024 report, revealing significant insights from millions of Vehicle History Reports. Key findings show that 152,622 vehicles are currently reported as stolen in Canada, with a 25% increase in theft reports this year. The report identified 141,260 potential VIN clones in operation. Total accident claim damages exceeded $7.6 billion, with Alberta leading in hail damage claims at $140 million. Additionally, 42% of lien checks revealed outstanding debt on vehicles. The report aims to help protect Canadians during vehicle transactions by providing comprehensive vehicle history information.

S&P Global Mobility projects November US light vehicle sales to reach 1.31 million units, representing a 6% growth year-over-year. The seasonally adjusted rate (SAAR) is expected to hit 15.9 million units, aligned with October's 16.0 million. Retail sales show sustained progress, supported by rising inventory, year-end promotions, and potentially lower interest rates. Available retail advertised inventory reached 3.06 million vehicles in October, marking the second consecutive month above three million units since the pandemic. Battery Electric Vehicle (BEV) share has maintained above 8% since June, with November projected at 8.7%.

CARFAX reports alarming maintenance delays in US vehicles, with approximately 20% behind on oil changes and 30% on tire rotations, affecting over 30 million vehicles total. The company warns about the risks of neglected maintenance, especially during holiday travel season. Low or dirty oil can lead to engine failure, while skipped tire rotations may cause uneven wear and increased risk of flats or blowouts. The report also emphasizes the importance of winter-specific maintenance, including checking wiper blades, batteries, cooling systems, and considering winter tires for safer holiday travel.

S&P Global Market Intelligence has released a report highlighting the convergence of public and private credit markets in 2024 and its expected continuation into 2025. The report reveals that while public debt markets have grown, the $1.5 trillion private markets continue rapid expansion. Key findings show that Credit Default Swap (CDS) credit events have remained low, with only two credit event auctions in 2024. The private credit market is projected to double by 2028, though regulators and investors are calling for increased oversight in this largely unregulated space. The report notes that companies now have unprecedented access to private credit sources, potentially affecting credit risk transparency.

S&P Global Market Intelligence has released an analysis examining key M&A trends through 2025. While M&A announcements have increased in 2024, they remain below pre-pandemic levels and far from 2021's records. Private equity firms are showing increased activity and are expected to deploy more capital in a lower rate environment. The report highlights that oil and gas sector consolidation continues despite antitrust concerns, with North American transactions reaching record levels. The technology sector shows potential for recovery, though traditional strategic acquirers remain less active. Lower interest rates and a less restrictive regulatory environment are expected to create more favorable conditions for dealmaking.