New York, Feb 4, 2026, 18:49 EST — After-hours
- S&P Global shares dropped 0.6% on Wednesday and saw little movement following the market close.
- The stock has dropped almost 12% over two sessions amid growing fears about AI disruption in data-and-analytics companies.
- S&P Global’s mobility division rolled out its new “Mobility Global” brand as it prepares to spin off.
S&P Global Inc. shares dipped 0.6% to $465.51 in regular trading Wednesday, then held steady in after-hours. The stock has dropped roughly 12% since Monday’s close after two tough sessions. During the day, shares fluctuated between $448.48 and $470.70, with volume around four times the 20-day average. (MarketScreener)
Selling has hit subscription-heavy information services amid a broad reassessment fueled by AI tools invading white-collar roles. After Anthropic rolled out plug-ins for its Claude “Cowork” agent to automate tasks in legal work and data analysis, AGF Investments’ portfolio manager Mike Archibald remarked that “the market just shoots first and asks questions later.” Schroders analyst Jonathan McMullan highlighted a “structural debate” as investors reconsider business models reliant on per-user software fees. (Reuters)
The timing is crucial as S&P Global prepares to release its next earnings report. The company plans to announce its fourth-quarter and full-year 2025 results around 7:15 a.m. ET on Feb. 10. That will be followed by a conference call at 8:30 a.m., led by CEO Martina Cheung and CFO Eric Aboaf. (S&P Global Investor Relations)
S&P Global offers credit ratings, index data, and market intelligence. It also operates in commodity and automotive information sectors. According to a Reuters company profile, its divisions include Market Intelligence, Ratings, Commodity Insights, Mobility, and S&P Dow Jones Indices. (Reuters)
On Tuesday, S&P Global announced that its Mobility division will be named Mobility Global, Inc. after spinning off into an independent public company. Bill Eager, Mobility’s CEO-designate, called Mobility Global “the world’s standard for automotive intelligence.” The unit’s lineup includes well-known brands like CARFAX and automotiveMastermind. The split still awaits board approval and the filing of an SEC Form 10 registration statement, required for the spin-off. (News Release Archive)
Investors remain divided over whether this week’s drop in software and data stocks signals panic or a recalibration. The S&P 500 software and services index has slid for six straight sessions, erasing roughly $830 billion in market value since Jan. 28, according to a Reuters report. Ocean Park Asset Management CIO James St. Aubin described the selloff as “an awakening to the disruptive power of AI,” though some caution that the narrative might be overstretched. (Reuters)
Nvidia CEO Jensen Huang, addressing an AI conference organized by Cisco, dismissed the notion that AI will render current software tools obsolete, labeling it “the most illogical thing in the world.” (Reuters)
The immediate risk looks complicated: if clients start using AI to cut out parts of the workflow they currently pay S&P Global for, holding onto pricing power could get tricky fast. Then there’s the Mobility spin-off — investors are eager for details on the timeline, which assets remain with S&P Global, and what kind of margins will show up post-separation.
Feb. 10 is the date to watch. Traders will focus on S&P Global’s earnings and guidance, searching for clues that the selloff has ended. Attention will also turn to what management reveals — or omits — about the Mobility Global schedule and the upcoming formal steps in the spin-off process.
