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. 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 Market Intelligence's quarterly report reveals that global M&A deal value rose 18.5% year-over-year in Q1 2024, despite the volume falling to its lowest level since Q2 2020. The total value of global M&A deals reached $594.47 billion, indicating ongoing market challenges due to increased interest rates impacting demand. The report highlights a decline in M&A transactions, alongside insights on IPO performance and equity issuance trends.
S&P Global Mobility projects new light vehicle sales volume in April 2024 to reach 1.34 million units, sustaining the spring selling momentum. Despite a drop from the previous month and year-ago levels, the sales pace of 16.0 million units indicates continued growth. Retail inventory is up 65% from last year, with increasing discounts for buyers. The outlook for North American vehicle production is positive, with a 3% increase in sales volume projected for 2024.
The 2024 Private Equity and Venture Capital Outlook by S&P Global Market Intelligence shows resilience and optimism in the industry despite shifting market dynamics. Private equity executives are more optimistic about deal activity in 2024, with increased interest in private credit asset allocations and AI playing a larger role in deal sourcing. The survey reveals that mid-tier and smaller PE firms are more optimistic, LPs are increasing asset allocation to private credit, and GPs are expanding the use of private credit in deal financing. While fundraising outlook has improved for PE firms, VC firms have concerns about LPs reducing their allocation to VC.
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