NEW YORK, Feb 5, 2026, 19:23 EST — After-hours
- SPGI dropped roughly 3% in late trading following a volatile day on Thursday.
- S&P Global launched a new research initiative alongside Vanguard at the NYSE, describing the event as informational.
- Investors are eyeing the Feb. 10 earnings report for updates on growth drivers and details about the planned Mobility separation.
S&P Global shares dropped roughly 3% in after-hours trading Thursday, closing at $451.71. The stock swung wildly during the session, hitting a high of $473.01 before sliding to a low of $440.53.
The pullback hits while U.S. stocks were already under pressure, as investors digest big AI-related spending and a mix of uncertain economic data. Tech-sector declines pushed major indexes sharply lower on Wall Street Thursday. (Reuters)
Risk appetite remains muted in software and information-services stocks, as investors wrestle with how fast new AI tools might chip away at pricing power in some areas. “Perhaps this is an overreaction, but the threat is real,” said James St. Aubin, chief investment officer at Ocean Park Asset Management. (Reuters)
S&P Global unveiled “Partner Perspectives” on Thursday, a new research initiative developed alongside collaborators such as Vanguard. The company introduced the first report during an event held at the New York Stock Exchange. S&P Global emphasized the event included no discussion of its business performance or any material non-public information. Catherine Clay, CEO of S&P Dow Jones Indices, highlighted that investors “need more than data” amid evolving market structures. (News Release Archive)
Separately, the company is moving forward with plans to spin off its Mobility division, which will adopt the corporate name Mobility Global, Inc. once it stands alone as a public company. Bill Eager, president of S&P Global Mobility and the incoming CEO of the new entity, described the unit as “the world’s standard for automotive intelligence,” according to a company statement. (News Release Archive)
The separation will likely trigger an SEC Form 10 registration statement, which is the filing needed to register securities and initiate public-company reporting under U.S. securities regulations. (SEC)
Investors are focused on whether the stock can stabilize ahead of next week’s earnings, and how management will address demand trends across ratings, indices, and data products if market volatility persists.
There’s still plenty that could trip things up. A long stretch of weak issuance would squeeze ratings fees, while costs tied to separation or changes in timing might throw off short-term forecasts. And if the AI-led selloff intensifies, the stock could take a hit even without fresh company news.
S&P Global plans to release its fourth-quarter and full-year 2025 earnings on Feb. 10, with the news out around 7:15 a.m. ET. CEO Martina Cheung and CFO Eric Aboaf will then hold a conference call at 8:30 a.m. ET, the company said. (S&P Global Investor Relations)
Macro traders face a new timing challenge: the U.S. January employment report is now pushed to Feb. 11 due to a government funding lapse. The January CPI release will follow on Feb. 13, according to the Bureau of Labor Statistics. (Bureau of Labor Statistics)
SPGI shareholders will be eyeing Friday’s session to see if the stock steadies after a volatile week. The real test, though, comes with next Tuesday’s earnings call. That event is expected to drive the next major move.
