S&P Global's Ratings Business Just Got a Volatility Boost

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S&P Global reported strong first-quarter earnings, with revenue up 10% and net income up 28%, beating analyst estimates. Volatility in the market unexpectedly boosted its various businesses, particularly its credit ratings division, which saw a 13% rise in revenue due to increased debt issuance. Despite a year-to-date stock decline of 18%, analysts remain bullish on SPGI due to its strong performance and low forward P/E ratio.
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