这份于上周四发布的报告称，今年企业的损失将比年初预期至少增加1.2万亿美元。标普全球（S&P Global）又称，报告还反映了薪资上涨、能源价格以及资本支出增加（尤其是在AI基础设施领域）等因 素。 标普全球报告指出，今年企业损失较年初预期至少增加1.2万亿美元。图片来源：Kevin Dietsch/Getty Images 标普全球的报告指出，特朗普的关税政策正引发一场万亿美元级别的企业成本压力，其中大部分成本不 可避免地落在了消费者的肩上。 标普全球预计今年企业支出将达到53万亿美元，修正了其1月1日的预测。该报告的分析基于超过15,000 名分析师对约9,000家上市公司的预测，这些公司总市值为111万亿美元，约占全球130万亿美元股票总 市值的85%。 报告称，"全球企业利润率预期已大幅收缩"，卖方分析师所覆盖公司的利润损失约为0.64%，即9070亿 美元。这一"差额"大致由营收预测上调6000亿美元和盈利预测下调3000亿美元共同构成。 但TS Lombard的分析师认为，关税带来的经济影响因收入而异，差异显著：富裕阶层基本未受影响， 可自由支配支出依然强劲，而中低收入家庭则承担了大部分困难。TS ...

国际信用评级机构标准普尔发布报告，将法国长期外币发行人违约评级从"AA-"下调至"A+"，评级展望 从"负面"调整为"稳定"。这是标普近一年半内第二次下调法国主权信用评级，会否影响欧元走势？招商 银行资金营运中心外汇分析师丁木桥认为，标普评级下调只是表象，是法国政治和债务困境以及欧盟治 理难题的一个缩影。在今年年底之前，新政府的财政预算案还将是各方博弈的焦点，仍然是欧元的潜在 风险点。 （文章来源：第一财经） ...

Core Viewpoint - Standard & Poor's (S&P) downgraded France's sovereign credit rating from "AA-" to "A+" with a stable outlook, citing high uncertainty in public finances as the main reason for the downgrade [1][2]. Group 1: Credit Rating Downgrade - S&P's report indicates that despite the French government's submission of the 2026 budget draft, uncertainty in public finances remains high ahead of the 2027 presidential election [1]. - The suspension of pension reforms initiated in 2023 is viewed as a significant factor contributing to increased fiscal pressure [1]. - This marks the second downgrade by S&P in a year and a half, following a similar action by Fitch, reflecting a rapid decline in market confidence regarding France's fiscal outlook [2]. Group 2: Fiscal Projections - S&P forecasts that France's public debt as a percentage of GDP will rise to 121% by the end of 2028 [1]. - Under the assumption that the 2026 budget draft remains unchanged, S&P expects the government deficit as a percentage of GDP to slightly decrease to 5.3% in 2026 [1]. - The report emphasizes that significant fiscal consolidation measures are necessary to reverse the ongoing trend of rising government debt [1]. Group 3: Government Response and Market Reactions - The French Ministry of Economy and Finance acknowledged S&P's decision and reiterated the commitment to keep the 2025 deficit rate at 5.4% of GDP [2]. - Concerns are rising regarding Moody's upcoming update on France's sovereign rating, with fears that further downgrades could lead to increased borrowing costs for the country [2]. - It is projected that interest expenses could reach approximately €55 billion by 2025 if rating agencies continue to downgrade France's credit rating [2].

智通财经APP获悉，标普将法国的信用评级从 AA-下调至 A+，这给该国的信誉又带来了一次打击。目 前，法国少数派政府正艰难地试图通过相关立法来应对不断增长的债务负担。标普表示，尽管提交了 2025 年预算草案，但该国的预算不确定性"仍处于较高水平"。 此次评级下调意味着，在不到一个月的时间里，法国已先后在三大信用评估机构中失去了两个"AA"评 级，这可能会迫使那些有着极其严格投资标准的基金抛售该国债券。在标普看来，法国(其评级展望稳 定)目前与西班牙和葡萄牙处于同一级别，比垃圾级高出六个层级。法国的下一次评级评估将于 10 月 24 日由穆迪进行。 勒科尔努本月向议会提交的初稿法案旨在将预算缺口占经济产出的比例从今年的 5.4% 降至 4.7%。但他 表示，议员们有权就更宽泛的目标进行协商，只要赤字仍控制在 5% 以内，且法国仍能在 2029 年之前 实现 3% 的长期目标即可。 标普表示："法国正经历自 1958 年第五共和国建立以来最为严重的政治动荡。即便提前举行议会选举并 能在国民议会中获得明显多数席位，也不能保证这会为可靠的中期财政整顿计划或经济改革的实施铺平 道路。" 面对此次信用评级下调，法国财 ...

Whales with a lot of money to spend have taken a noticeably bearish stance on S&P Global.Looking at options history for S&P Global (NYSE:SPGI) we detected 10 trades.If we consider the specifics of each trade, it is accurate to state that 20% of the investors opened trades with bullish expectations and 30% with bearish.From the overall spotted trades, 4 are puts, for a total amount of $181,360 and 6, calls, for a total amount of $244,617.What's The Price Target?Taking into account the Volume and Open Interes ...

Core Viewpoint - S&P Global Inc. is considered one of the best long-term investment stocks, with a recent price target increase from $615 to $620 by Morgan Stanley, maintaining a Buy rating on the stock [1][2]. Financial Performance - The increase in the price target is attributed to strong issuance in the current quarter, leading to a 6% increase in EPS estimates for S&P Global [2]. - The company is expected to raise its full-year guidance during the fiscal third-quarter earnings call [2]. - S&P Global is projected to release its fiscal third-quarter results for 2025 on October 30, with management anticipating revenue growth of 5% to 7% and GAAP diluted EPS in the range of $14.35 to $14.60 [3]. Business Segments - S&P Global provides essential data, analytics, and insights across financial markets through five business segments: credit ratings, market intelligence, commodity pricing, automotive solutions, and global investment indices [4].

Core Insights - S&P Dow Jones Indices has launched SPICE® IndexBuilder™, a self-service platform for designing, testing, and ordering custom indices, aimed at enhancing client-led innovation and reducing time-to-market [1][2]. Group 1: Product Features - SPICE IndexBuilder allows users to prototype, backtest, analyze, and order customized index solutions within a unified interface [1]. - The platform provides access to S&P DJI's extensive library of index attributes, enabling comprehensive customization of existing indices or bespoke solutions [6]. - Users can customize key parameters such as return types, currencies, weighting methodologies, and exclusions to align with specific investment strategies [6]. Group 2: Strategic Importance - The introduction of SPICE IndexBuilder reflects S&P DJI's commitment to empowering clients with professional-grade index creation tools, enhancing flexibility while ensuring data quality [2]. - Custom indexing is increasingly critical for investors implementing specific strategies, and this platform supports innovation across diverse asset classes and geographies [4][2]. Group 3: Operational Efficiency - The platform enables fast backtesting, allowing users to generate detailed historical performance analytics quickly, facilitating swift evaluation of index concepts [6]. - Clients can submit index creation requests with a single click once finalized, which accelerates the time-to-market for new indices [6].

Core Insights - S&P Global has agreed to acquire With Intelligence, a markets data and analytics firm, for $1.8 billion, which will enhance its data coverage and reach in private markets [1] Company Summary - The acquisition of With Intelligence will allow S&P Global to expand its capabilities in providing data and analytics, particularly in the private markets sector [1] - This strategic move is expected to strengthen S&P Global's position in the competitive landscape of financial data services [1] Industry Summary - The deal reflects a growing trend in the financial services industry where companies are increasingly focusing on enhancing their data analytics capabilities to meet the demands of private market investors [1] - The acquisition is indicative of the ongoing consolidation in the markets data and analytics sector, as firms seek to leverage comprehensive data solutions to gain a competitive edge [1]

S&P Global has agreed to buy private markets data provider With Intelligence, the company said on Tuesday, as it looks to expand its products for the fast-growing segment of financial services. ...

Core Insights - S&P Global has agreed to acquire With Intelligence, a private markets data provider, to enhance its offerings in the growing financial services sector [1][4] Company Developments - The acquisition of With Intelligence is part of S&P Global's strategy to expand its product range for private markets, which are experiencing increased investor interest due to higher interest rates and concerns over asset price bubbles in public markets [2][3] - With Intelligence, founded in 1998, provides data and analytics for alternative and private markets to approximately 3,000 global customers [3] Financial Projections - With Intelligence is projected to generate around $130 million in revenue by 2025, with an expected annual contract value growth in the high teens [4] - The deal is anticipated to close in 2025 or early 2026 and is expected to contribute to S&P Global's adjusted profit per share by 2027 [4] Market Context - The private markets are gaining traction as investors seek insights into pricing and comparables due to historical opacity, with significant investments from major firms like BlackRock, which spent $12.5 billion on Global Infrastructure Partners and $3.2 billion on Preqin [2][3] - U.S. policy changes, such as an executive order from President Trump, are also facilitating access to nontraditional assets like private equity and private credit in retirement plans [3]