S&P Global (SPGI) Q2 FY26 earnings call

S&P Global delivered a strong quarter, driven by robust performance in its benchmark businesses (Ratings and Indices) and significant margin expansion following the Mobility spin-off. The company is strategically realigning its Energy and Market Intelligence divisions to enhance focus on high-growth areas like AI and private markets, while also increasing its share repurchase target to over $7 billion for the year. Despite some headwinds in Energy due to geopolitical factors and longer sales cycles in MI, management remains confident in its long-term growth trajectory and ability to leverage A