S&P Global Inc. reports company news across data, benchmarks and analytics for capital, commodity and automotive markets. Coverage includes its credit ratings and market intelligence businesses, S&P Global Energy and Platts price assessments, and S&P Global Mobility products such as CARFAX vehicle history reports, listings, car care tools and recall data.
Recurring updates also include investor conference appearances, product and data launches, board and governance changes, and corporate-status developments involving the Mobility division.
S&P Global Ratings (NYSE: SPGI) released research on how major hyperscalers are funding rapid AI infrastructure expansion and the related credit implications. The report analyzes Alphabet, Amazon, Microsoft, Meta, Oracle and SpaceX, projecting combined capital expenditure to exceed $1.3 trillion by 2027.
According to S&P Global Ratings, all six hyperscalers are expected to generate negative free operating cash flow in 2026 and 2027, with recovery not projected until 2029. The research highlights increasing use of debt, equity issuance, leases, joint ventures, SPVs and residual value guarantees, which raises financing complexity and affects credit analysis. Models generally assume a 2028 inflection point as AI monetization improves and capital expenditure growth moderates.
Tenable Holdings (NASD: TENB) will be added to the S&P SmallCap 600, replacing Leggett & Platt (NYSE: LEG), effective prior to the open on August 31, 2026, according to S&P Dow Jones Indices. Leggett & Platt is being acquired by Somnigroup International (NYSE: SGI), a constituent of the S&P MidCap 400, in a transaction expected to close soon, subject to final conditions.
The index change will place Tenable in the Information Technology sector within the S&P SmallCap 600, while Leggett & Platt, classified in Consumer Discretionary, will be deleted from that index on the same effective date.
S&P Global (NYSE: SPGI), through S&P Dow Jones Indices, reported that the S&P Cotality Case-Shiller U.S. National Home Price NSA Index rose 1.5% year over year in June 2026, up from 1.2% in May, while inflation of 3.5% meant home prices fell in real terms for the 13th straight month.
The 10-City Composite gained 2.9% and the 20-City Composite 2.1% year over year. Chicago led major metros with a 6.9% annual increase, followed by New York (4.8%) and Cleveland (4.1%), while Seattle declined 2.0%. Month over month (NSA), the National and 20-City indices rose 0.4% and the 10-City 0.5%; seasonally adjusted gains were 0.1%, 0.3%, and 0.2%, respectively.
Index levels remain above their June 2022 peaks: the National index is 9.3% above peak and 15.0% above its January 2023 trough. Due to recording delays in Wayne County, no valid June 2026 value is available for Detroit; an updated May 2026 value is provided instead.
S&P Global (NYSE: SPGI), through S&P Global Energy, will host the 42nd Asia Pacific Petroleum Conference (APPEC) from September 7–10, 2026, at Raffles City Convention Centre in Singapore, convening about 1,500 industry leaders and over 180 speakers.
The 2026 APPEC focuses on supply chain disruptions, shifting trade corridors, energy security, and market resilience across seven thematic streams, including oil markets, LNG and energy security, shipping and bunkers, trading, AI and digitalisation, chemicals, and biofuels.
Carfax (NYSE:SPGI) issued a corrected announcement describing a new Future Reliability feature on the CARFAX Report, using VIN-specific history to predict a vehicle’s likelihood of repairs over the next three years.
The redesigned report header now highlights Past, Present, and Future insights to help consumers and dealers make more informed purchase decisions.
Reddit (NYSE: RDDT) will be added to the S&P 500 index, effective prior to market open on Tuesday, August 18. The inclusion is described as an off-cycle index change prompted by the acquisition of an existing S&P 500 constituent.
According to Reddit, the move reflects its value and sustained performance as a public company, supported by a financial model combining growth with strong profit and cash flow margins. Reddit highlights its deeply engaged communities, role in the AI ecosystem, and a corpus of over 26 billion posts and comments. With this change, Reddit will be recognized among roughly 500 of the largest and most influential U.S. public companies.
S&P Dow Jones Indices announced upcoming changes to the S&P 500 and S&P MidCap 400. Effective prior to trading on August 18, 2026, Reddit (NYSE: RDDT) will be added to the S&P 500, replacing AvalonBay Communities (NYSE: AVB), which is being acquired by S&P 500 constituent Equity Residential (NYSE: EQR).
After that merger closes, the combined company will be renamed Vivmark Residential (NYSE: VMRK) and will remain in the S&P 500. Effective prior to trading on August 20, 2026, Sun Communities (NYSE: SUI) will join the S&P MidCap 400, replacing Webster Financial (NYSE: WBS), which is being acquired by Banco Santander (NYSE: SAN). The table specifies each change’s index, ticker and GICS sector.
S&P Global (NYSE: SPGI) announced an expanded collaboration with Microsoft to integrate its AI-ready data, insights and analytics into Microsoft 365 Copilot and broader Microsoft agentic experiences. The integration uses S&P Global's AI Data Portal Deterministic Retrieval solution (Kensho LLM-ready API) to deliver cited, verifiable results.
Licensed S&P Global content will connect directly into Microsoft 365 tools, including a Copilot in Excel connector and a plugin for Copilot Cowork. Customers can perform company research, financial analysis, transcript intelligence, peer benchmarking and competitive analysis within Microsoft 365, with maintained context, governance and source attribution.
S&P Global (NYSE: SPGI), through S&P Dow Jones Indices, and Lincoln International announced an expansion of the S&P Lincoln Senior Debt Index Series, shifting from quarterly to monthly publication and adding new sub-indices.
The enhanced indices use Lincoln's proprietary private credit valuation data combined with S&P DJI's index design and governance to offer more granular benchmarks for U.S. and European private loan markets. Investors can now analyze performance by industry sector, loan size and company earnings, while S&P DJI remains the sole publisher, calculator, administrator and licensor of the index family.
S&P Global (NYSE: SPGI), through S&P Dow Jones Indices, has launched the S&P U.S. CLO Investment Grade Indices, a new index family designed to benchmark USD-denominated, floating-rate, investment-grade tranches of Collateralized Loan Obligations (CLOs). The series combines independent market pricing, CLO analytics, credit expertise and transparent, rules-based methodologies.
The family currently includes separate indices for AAA, AA, A and BBB-rated U.S. CLO debt. According to S&P DJI, the launch extends its role in the leveraged finance ecosystem and leverages data and analytics from S&P Global Market Intelligence and S&P Global Ratings to support market participants across structured credit markets.