Paul Watters, head of European credit research at S&P Global Ratings, unpacks the outlook for European credit.
GPN strategically forms high-impact partnerships and invests in technology advancements.
OPEC+ supply cuts and new Iran sanctions signal tightening crude markets. Is this the catalyst for further gains in oil futures?
DiDi's Q4 results showed strong growth in both domestic and international segments, with a significant increase in platform sales and improved monetization rates. Despite a 10% stock decline post-Q4 results, DiDi's stock remains undervalued with a 12% upside, justifying my maintained "buy" rating. DiDi's balance sheet is robust, with RMB 53.6 billion in cash and a new $2 billion share repurchase program announced.
S&P Global's strong fundamentals and wide moats suggest continued EPS growth, benefiting shareholders through buybacks, dividends, and stock price appreciation. Valuation is a concern. Waiting for dips could increase the margin of safety, but patient investors can still expect attractive returns. S&P Global's diverse segments, including Ratings, Market Intelligence, and Indices, show robust growth, driven by trends like passive investing and data analytics.
Companies took advantage of a stable supply of credit and lower interest rates to refinance their debt in 2024, pushing the maturity wall forward. Asset-linked fees in the Indices segment could decrease if the equity markets keep falling. The U.S. debt structure might help S&P Global to mitigate the effects of lower maturities from corporate debt.
Rahul Kapoor of S&P Global Commodity Insights says shipyards in Japan and Korea have limited available shipbuilding capacity, and that removing Chinese made vessels will create a 'two-tier market', with Chinese ships freight rates being discounted.
Oil futures rally as fresh Iran sanctions and OPEC+ cuts tighten global supply. Technical levels suggest more upside for crude oil prices.
It's been a bumpy ride for transportation and logistics company FedEx. For decades, the shipper has been a bellwether of global commerce, its earnings serving as a barometer for supply chain health and business confidence.
Liberty Global Ltd (LBTYA) reported earnings 30 days ago. What's next for the stock?
U.S. President Donald Trump's administration granted Venture Global LNG approval on Wednesday to export natural gas from a proposed Louisiana facility which had faced delays under former President Joe Biden.
A more balanced portfolio can handle somber U.S. equity performance, as long as strong equity returns from abroad continue.