S&P Global Announces: Mobility Global to Host Investor Day on May 12, 2026 Accessibility StatementSkip Navigation NEW YORK, March 25, 2026 /PRNewswire/ -- S&P Global Inc. (NYSE: SPGI) announced today that its Mobility division ("Mobility Global") will host its inaugural Investor Day on May 12, 2026, in New York City, as it prepares for its planned separation from S&P Global into a standalone public company in mid-2026. Bill Eager, President of S&P Global Mobility and Chief Executive Officer of Mobility Glob ...

The major U.S. index futures are currently pointing to a lower open on Tuesday, with stocks likely to move back to the downside following the strong upward move seen in the previous session.The downward momentum on Wall Street comes amid a rebound by the price of crude oil, as international benchmark Brent crude futures have jumped back above $100 a barrel.Brent crude futures plunged by nearly 11 percent during Monday's trading after President Donald Trump claimed the U.S. and Iran held productive talks to ...

声明 2026 年 3 月 23 日 本周热点前瞻 2026-03-23 陶金峰 投资咨询从业资格号：Z0000372 邮箱：taojinfeng@gtht.com 本报告的观点和信息仅供风险承受能力合适的投资者参考。本报告难以设置访问权限，若给您造成不便，敬 请谅解。若您并非风险承受能力合适的投资者，请勿阅读、订阅或接收任何相关信息。本报告不构成具体业务或 产品的推介，亦不应被视为相应金融衍生品的投资建议。请您根据自身的风险承受能力自行作出投资决定并自主 承担投资风险，不应凭借本报告进行具体操作。 【本周重点关注】 3 月 24 日 21:45，标普全球公司(SPGI.US)将公布美国 3 月 SPGI 制造业 PMI 初值。 博鳌亚洲论坛 2026 年年会将于 3 月 24 日至 27 日在海南博鳌召开。 3 月 25 日 09:20，央行将续作 MLF，具体操作金额将根据市场需求等情况确定。 3 月 26 日 20:30，美国劳工部将公布截至 3 月 21 日当周初请失业金人数。 3 月 27 日 09:30，中国国家统计局将公布 1-2 月规模以上工业企业利润。 重点关注国内宏观政策变化、美以伊军事冲 ...

Core Insights - The CERAWeek 2026 conference will focus on the convergence of energy and technology, featuring leaders from major tech companies discussing the impact of AI and innovation on the energy sector [2][3][4]. Group 1: Conference Overview - CERAWeek 2026 will take place from March 23-27 in Houston, featuring a diverse lineup of speakers from Amazon Web Services, Google, Microsoft, NVIDIA, Meta, Dell, Applied Materials, and AMD [1][10]. - The conference theme, "Convergence and Competition," highlights the interdependence of technological innovation and the demand for reliable energy [3]. Group 2: Key Topics and Themes - The program will explore how AI is transforming the energy landscape, particularly regarding data center development and energy-efficient chip designs [2][4]. - Key themes include electrification, decarbonization, low carbon fuels, cybersecurity, and automation, reflecting the integration of technology in energy solutions [4][6]. Group 3: Innovation Agora - The CERAWeek Innovation Agora will serve as a hub for technologists, venture capitalists, and corporate innovators, focusing on advancing solutions to energy challenges [4][6]. - The Agora will feature discussions on digitalization, AI, mobility, and decarbonization, emphasizing the overlap between energy and technology sectors [6][14]. Group 4: Notable Speakers - Notable speakers include executives from leading tech firms, such as Sundeep Bajikar from Applied Materials, Ruth Porat from Alphabet and Google, and David Holmes from Dell [5][7]. - The diverse lineup aims to foster discussions on innovative strategies and investment opportunities in the energy sector [5][6]. Group 5: Special Programs - The NextGen program will focus on bridging academia and industry to cultivate talent and ideas for energy transition pathways [14]. - The Energy Venture Day and Pitch Competition will showcase over 40 energy startups, promoting efficiency and innovation in the energy sector [14].

Core Viewpoint - Charlie Munger's investment philosophy emphasizes buying high-quality stocks at reasonable prices, and three companies currently stand out as potential investments: S&P Global, Fair Isaac, and Home Depot [1]. Company Summaries S&P Global - S&P Global has a history of over 150 years, showcasing its staying power and generating a subscription-heavy revenue mix through credit ratings, benchmark indexes, and analytics [2]. - The company has a market capitalization of $127 billion, with a current price of $424.43 and a gross margin averaging 65% over the last decade [3][4]. - Despite a price-to-earnings (P/E) ratio of 29, which is around the market average, shares are trading within 10% of their 52-week low, making it an attractive buy for Munger [6]. Fair Isaac - Fair Isaac operates a deep moat around the mortgage application process and is known for its FICO scores, which influence lending rates across various loans [7][8]. - The company has a market capitalization of $27 billion, with a current price of $1,126.34 and an impressive gross margin of 83%, up from 67% a decade ago [12][9]. - Free cash flow has increased by 394% over the last 10 years, now standing at $718 million, although the P/E ratio of 44 is above the market average [9][11]. Home Depot - Home Depot is a leading home improvement retailer with approximately 2,300 stores and a stable gross margin averaging around 32% over the last 25 years [13][14]. - The company has a market capitalization of $319 billion, with a current price of $320.75 and generates over $2 billion in quarterly free cash flow [16]. - However, the company's net debt has increased by over 250% in the last decade to nearly $64 billion, which may concern Munger [15].

Core Viewpoint - Dividend stocks are in high demand this year as investors seek stability amid stock market volatility, with the Dow Jones U.S. Dividend 100 Index up nearly 12% year to date, outperforming major market indexes [1] Group 1: Demand for Dividend Stocks - Good dividend stocks are sought after due to their ability to provide income regardless of stock performance, often at elevated yields, and are typically offered by stable, value-oriented companies [2] - Dividend stocks can be reinvested to enhance returns, making them attractive in a negative return market [2] Group 2: Ares Capital (ARCC) - Ares Capital is a business development company that pays out 90% of taxable income as dividends, resulting in a high dividend yield of 10.69% [3][5] - The company has a market cap of $13 billion and has invested $29.5 billion in 603 companies, primarily in senior secured loans [5][6] - Ares Capital maintains a quarterly dividend of $0.48 per share, which has remained unchanged since the end of 2022 [6] Group 3: S&P Global (SPGI) - S&P Global has raised its dividend annually for 53 consecutive years, making it a Dividend King, with a current yield of 0.91% [7][9] - The company has a market cap of $127 billion and has generated an average annualized return of 16.4% over the past 10 years, outperforming the S&P 500 [9][10] - Despite a 17% decline year to date, analysts are optimistic about S&P Global's prospects, with 93% rating it as a buy and a median price target suggesting a 26% upside [10] Group 4: American Express (AXP) - American Express recently increased its dividend by 16% to $0.95 per share, marking the fifth consecutive year of dividend increases [11][12] - The company has a market cap of $203 billion and has seen revenue growth of 10% and earnings growth of 15% in 2025, with similar expectations for 2026 [13][14] - Analysts project a median price target of $393 per share for American Express, indicating a potential 30% upside over the next 12 months [15]

It has been a long time since I published my last article about S&P Global, Inc. ( SPGI ) – 4.5 years to be precise. Back then, I argued that the merger made sense, but I saw S&PMy analysis is focused on high-quality companies, that can outperform the market over the long-run due to a competitive advantage (economic moat) and high levels of defensibility. Focused on European and North American companies, but without constraints regarding market capitalization (from large cap to small cap companies).My acade ...

It has been a long time since I published my last article about S&P Global, Inc. ( SPGI ) – 4.5 years to be precise. Back then, I argued that the merger made sense, but I saw S&PMy analysis is focused on high-quality companies, that can outperform the market over the long-run due to a competitive advantage (economic moat) and high levels of defensibility. Focused on European and North American companies, but without constraints regarding market capitalization (from large cap to small cap companies).My acade ...

Core Insights - The global energy landscape is being reshaped by geopolitics and the competing priorities of affordability, reliability, competitiveness, and decarbonization, marking the end of the linear energy transition era [1][4][5] - The rapid growth of AI is driving significant energy demand, necessitating a convergence between the technology and energy sectors [3][4] Energy Market Dynamics - The energy transition is no longer viewed as a linear path; instead, there is an immediate need to build energy systems that can sustain economic growth amid uncertainty [4] - Electricity demand is increasing faster than expected, driven by AI and data centers, leading to supply constraints and rising retail prices [6] - Global copper demand is projected to rise by approximately 50%, reaching about 42 million metric tons by 2040, highlighting the strategic importance of materials for electrification and national security [6] Upcoming Events and Research - The 44th CERAWeek by S&P Global will convene industry experts to discuss the complex forces shaping energy markets [2][3] - The "Look Forward: Energy Futures" journal provides in-depth analysis of the themes and trends transforming the global economy [8][9]

Ironvine Capital Partners, an investment management company, released its Q4 2025 investor letter. A copy of the letter can be downloaded here. Ironvine Capital Partners emphasized in its latest investor letter that long-term equity returns are ultimately driven by underlying earnings growth, noting that businesses held across its portfolios increased earnings between 12% and 16% in 2025, while holdings have compounded profits at roughly 15%–18% annually over the past nine years. The firm expects another ye ...