S&P Global reported Q3 2026 revenue of $3.68 billion, a 6.8% year-on-year increase that beat analyst expectations. CEO Martina Cheung said AI initiatives are gaining real traction, with API call volumes rising nearly 50%. The company also raised its full-year adjusted EPS guidance and launched a strategic review of Capital IQ and Kensho.
Manhattan Associates delivered a strong quarter as well, posting Q3 revenue of $306.2 million, up 11% year-on-year. Cloud revenue grew 28%, and the company raised full-year guidance. Its agentic AI solutions helped customers cut wave planning time by 50% and improve invoice resolution by 70%.
Anthropic's IPO filing is setting new benchmarks for AI company valuations. The company reported nearly 12,000 customers spending $100,000 or more as of Sept. 30. Anthropic has committed at least $855 billion to compute and infrastructure, while private market bids for its stock have ranged from $1.5 trillion to $2 trillion.
Not all AI news is positive. Apollo Global Management chief economist Torsten Slok says businesses outside the tech sector are seeing zero financial gains from AI. Revenue per worker is rising for the Magnificent Seven but flat for the other 493 S&P 500 companies. Meanwhile, CoreWeave has accumulated over $50 billion in debt while expanding AI infrastructure.
Lenovo's stock fell 7.9% during a sector-wide AI hardware selloff. Citi cut its price target, and Intel says the PC market will shrink. The results point to a broader industry problem rather than Lenovo-specific issues. Stocks broadly declined as Wall Street faced an AI market reality check, with a 33-megawatt data center in Vernon, California highlighted in accompanying coverage.
Otter.ai is expanding well beyond transcription. The company introduced three new tools focused on the full meeting life cycle, aiming to address problems like unprepared participants and forgotten follow-up tasks. Otter now has over 40 million users and offers plans ranging from free to Enterprise.
Tecsys released new AI solutions for healthcare supply chains, including the 340B Integrity Agent for pharmacy purchasing forecasts and the Hospital Expiry Avoidance Agent for near-expired inventory. The tools help health systems spot risks earlier and make faster decisions. In sports AI, predictions for the Derby of Anger between Milan and Inter Milan favored a 1-1 draw or narrow Inter win, while SportsLine AI projected a 31-28 Patriots win over the Dolphins in Week 8 NFL action.
Key Takeaways
- S&P Global posted Q3 revenue of $3.68 billion, up 6.8% year-on-year, with API call volumes rising nearly 50% due to AI traction.
- Manhattan Associates beat Q3 estimates with $306.2 million in revenue, driven by 28% cloud growth and agentic AI tools that cut planning time by 50%.
- Anthropic's IPO filing sets new AI valuation standards, with nearly 12,000 major customers and at least $855 billion committed to infrastructure.
- Apollo's chief economist says non-tech S&P 500 companies see zero financial gains from AI, while CoreWeave carries over $50 billion in debt.
- Lenovo stock dropped 7.9% as Intel forecasts a shrinking PC market, highlighting broader industry struggles beyond individual company performance.
- Otter.ai expanded beyond transcription with three new meeting lifecycle tools and now has over 40 million users.
- Tecsys launched AI healthcare supply chain tools including the 340B Integrity Agent and Hospital Expiry Avoidance Agent.
- Stock markets declined amid an AI reality check, with a 33-megawatt data center in Vernon, California featured in coverage.
- AI predicted a 1-1 draw or narrow Inter Milan win in the Derby of Anger, factoring in Lautaro Martinez's absence and Luka Modric's return.
- SportsLine AI projected a 31-28 Patriots victory over the Dolphins in its Week 8 NFL picks.
S&P Global beats Q3 expectations as AI and strategy drive growth
S&P Global reported Q3 2026 revenue of $3.68 billion, up 6.8% year on year, beating analyst estimates. Non-GAAP profit was $4.58 per share, also above expectations. CEO Martina Cheung said AI initiatives are showing real traction, with API call volumes rising nearly 50%. The company raised full-year adjusted EPS guidance and started a strategic review of Capital IQ and Kensho.
Manhattan Associates beats Q3 on cloud and AI demand
Manhattan Associates reported Q3 2026 revenue of $306.2 million, up 11% year on year, beating estimates. Adjusted EPS was $1.55, above consensus. CEO Eric Clark highlighted 28% cloud revenue growth and record bookings. The company raised full-year revenue and EPS guidance. Agentic AI solutions helped customers cut wave planning time by 50% and improve invoice resolution by 70%.
Anthropic IPO to reshape how private AI stocks are valued
Anthropic's IPO filing is setting new standards for how AI companies are valued on Wall Street. The company reported nearly 12,000 customers with revenue of $100,000 or more as of Sept. 30. Anthropic has committed at least $855 billion to compute and infrastructure. Private market bids for Anthropic stock have ranged from $1.5 trillion to $2 trillion. Its public listing will pressure rival AI labs to match its performance.
AI predicts a draw in the Derby of Anger between Milan and Inter
An AI tool predicted the Derby of Anger between Milan and Inter Milan would end in a 1-1 draw or a narrow 2-1 Inter win. The match kicked off on Saturday 31 October 2026 at San Siro stadium. The AI cited Inter's absence of captain Lautaro Martinez and Milan's return of key players like Luka Modric. It also noted the evenly split home crowd pressure at San Siro.
Apollo economist says non-tech businesses see no AI financial gains
Apollo Global Management chief economist Torsten Slok says businesses outside tech are seeing zero financial payoff from AI. Revenue per worker is rising for the Magnificent Seven but flat for the other 493 S&P 500 companies. He found no signs of AI boosting productivity growth outside tech. CoreWeave has accumulated over $50 billion in debt while expanding AI infrastructure.
Lenovo stock drops as PC market shrinks despite AI efforts
Lenovo's stock fell 7.9 percent during a sector-wide AI hardware selloff. Citi cut its price target for the company. Intel says the PC market will shrink. Lenovo's cheaper credit plans and AI pitches are not enough to save the declining market. The company's results showed a larger industry problem rather than its own failures.
Tecsys uses AI to improve healthcare supply chains
Tecsys Inc. released new AI solutions for healthcare supply chains. The tools help health systems spot risks in pharmacy and supply operations earlier. Features include the 340B Integrity Agent for pharmacy purchasing forecasts and the Hospital Expiry Avoidance Agent for near-expired inventory. The system aims to help teams make faster decisions while keeping people in control.
SportsLine AI shares NFL picks and predictions for Week 8
SportsLine AI released its NFL picks and score predictions for all Week 8 games. The AI uses machine learning to study team history and assign matchup scores out of 100. It projects a 31-28 Patriots win over the Dolphins and favors the Over 44.5 in that game. Key Week 8 matchups include Vikings vs. Lions and Eagles vs. Commanders.
Stocks fall as Wall Street faces AI market reality check
Stock markets declined as Wall Street received a wake-up call about AI. The market wrap reports on a broader selloff tied to AI expectations. A 33-megawatt data center in Vernon, California was shown in photos accompanying the report. Investors are rethinking the impact of AI on the market.
Otter.ai expands beyond transcription into workday tools
Otter.ai is adding new features to help users beyond just transcribing meetings. The company introduced three new tools focused on the full meeting life cycle. The features aim to fix common meeting problems like unprepared participants and forgotten follow-up tasks. Otter has over 40 million users and offers free and paid plans ranging from Pro to Enterprise.
Sources
- SPGI Q3 deep dive: strategic review and AI drive business evolution
- MANH Q3 deep dive: Cloud momentum and AI adoption drive strong bookings and guidance
- Anthropic’s Wall Street debut to cast long shadow over private AI stocks
- AI answers: what is the expected result of the derby of anger?
- Businesses outside tech are seeing 'zero financial payoff' from AI, Apollo economist says
- Lenovo's Cheaper Credit and AI Pitch Collide With a PC Market Intel Says Will Shrink
- Tecsys’ AI Capabilities to Streamline Healthcare Supply Chains
- Self-learning AI releases NFL picks, score predictions for every Week 8 game
- Stocks slump as Wall Street gets AI wake-up call: Markets wrap
- Otter.ai is moving beyond transcription—and deeper into your workday
Comments
Please log in to post a comment.