S&P Global Stock Price, News & Analysis

S&P Global Ratings published an article on June 17, 2022, discussing the role of stablecoins in decentralized finance (DeFi). The analysis highlights that stablecoins must connect traditional finance to gain mainstream acceptance, amidst recent market disruptions revealing varied risks among them. Regulatory scrutiny is on the rise, particularly in the U.S., China, and the U.K., each taking distinct approaches to stablecoin legislation. The report emphasizes that stablecoins will contend with central bank digital currencies as their usage continues to grow.

S&P Global Commodity Insights has launched the oil industry's first carbon intensity measures for the six crude grades that form the global Brent benchmark. Published in kgCO2eq/b, this initiative allows purchasers to evaluate emission offset costs in their supply chains. Daily carbon-associated price premiums for these crude grades will also be made available. The analysis accounts for emissions from well production to storage, enhancing understanding of the carbon impact of crude purchasing. This development is expected to become a vital attribute in trading commodities.

S&P Dow Jones Indices announced record Q1 2022 buybacks of $281 billion, a 4% increase from Q4 2021. Total buybacks for the 12 months ending March 2022 reached $984.6 billion, up 97.2% from the prior year. A total of 374 companies reported buybacks, with top 20 firms accounting for 42.1% of the total. Despite a 13% drop in operating earnings, companies are expected to maintain buyback activities, benefiting EPS due to reduced share counts. Notably, S&P Global (SPGI) spent $7.1 billion in Q1 2022, a significant increase from $0.002 billion in the previous quarter.

S&P Global Commodity Insights has partnered with Snowflake to offer seamless access to its benchmark price data and market analysis through the Snowflake Data Cloud. This collaboration allows clients to eliminate on-premises databases, improving data integration into models and visualization tools. Clients can access over 15,000 daily price assessments across various commodities, enhancing productivity and decision-making speed in a fast-paced market. This initiative aligns with S&P Global's commitment to improve data accessibility and utilization.

S&P Global Ratings has released a report indicating that geopolitical disruptions from the pandemic and the Russia-Ukraine conflict are increasing credit risks globally. The report warns of deteriorating credit conditions due to potential sanctions, economic slowdowns, and policy missteps by central banks. Key issues highlighted include rising borrowing costs, systemic inequalities, and political instability in emerging markets. The report predicts 2022 will be marked by fragmentation and disruption that may reshape the global economy.

CARFAX reports over 50 million vehicles in the U.S. have known issues needing repairs, despite a 6% decline in open recalls from 2021. Sedans and SUVs are most affected, with southern states like Mississippi (24%) and Texas (23%) showing the highest open-recall rates. California leads with 5.6 million vehicles, while nationwide, over 37 million VINs are registered in CARFAX Car Care, which provides free recall monitoring services. Recall repairs are mandated to be free, with completion often taking less than a day.

S&P Global (NYSE: SPGI) has suspended its financial guidance for 2022 due to deteriorating macroeconomic conditions. Following the weak debt issuance environment, the company forecasts a potential 30-35% decrease in ratings revenue and a possible impact of up to $600 million on its revenue guidance. The ratings adjusted operating margin is expected to remain in the high 50s range. S&P Global aims to reintroduce financial guidance with its Q2 2022 earnings results, while maintaining its capital return targets.

S&P Global (NYSE: SPGI) announces that Ewout Steenbergen, CFO, will participate in the 42nd Annual William Blair Growth Stock Conference on June 7, 2022. His session is scheduled from 1:40 p.m. to 2:10 p.m. EDT and will be available via webcast, which may include forward-looking information. The replay will be accessible for three months after the event, ending on September 4, 2022. S&P Global specializes in providing essential intelligence across various markets, helping clients make informed decisions.

S&P Global (NYSE: SPGI) will take part in the Deutsche Bank Global Financial Services Conference on June 1, 2022, featuring a presentation from Executive Vice President and CFO Ewout Steenbergen. The session is set for 3:00 p.m. to 3:45 p.m. EDT and will be available via webcast, including potential forward-looking insights. The replay will be accessible for one year post-event. S&P Global is known for providing essential analytics and intelligence that aid organizations in various sectors.