AMERICAS BUSINESS & INFORMATION SERVICES What‘s Powering Your Services Recap - 6/18/26

研报英文原文证据摘录

AMERICAS BUSINESS & INFORMATION SERVICES What‘s Powering Your Services Recap - 6/18/26

Equity Research

18 June 2026 | 12:21AM PDT

AMERICAS BUSINESS & INFORMATION SERVICES

What’s Powering Your Services Recap - 6/18/26

George K. Tong, CFA

+1(415)249-7421 | george.tong@gs.com

Goldman Sachs & Co. LLC

Sami Nasir, CFA

+1(415)834-7967 | sami.nasir@gs.com

Anna WuThis week in Business & Information Services, we analyzed semiconductor +1(415)249-7235 | anna.wu@gs.com

component pricing trends and found significant growth, particularly in memory, that Goldman Sachs & Co. LLC

supports upside to IRM’s asset lifecycle management business. Investor feedback on Alex+1(415)249-7072Lakritz | alex.lakritz@gs.com

IRM has been positive, with most expressing a favorable view of the company’s Goldman Sachs & Co. LLC

broader growth portfolio, which includes its data center, ALM and digital solutions

businesses. Sentiment was particularly positive on data center leasing trends and

memory prices. We also published takeaways from a recent investor group meeting

with MH’s CEO focused on its structural moat vs AI, including its proprietary

curriculum, longitudinal learning data, embedded educator workflows and

regulatory alignment. Investors expressed positive feedback on MH’s AI positioning

but had concerns over limited K-12 revenue growth in F2027 given prolonged district

decisioning-making in CA math, making the K-12 revenue recovery more of a F2028

story. We additionally had investor conversations this week on CSGP and SPGI, with

sentiment leaning negative on CSGP given an unclear path for Apartments.com

growth to accelerate and positive on SPGI given portfolio simplification actions that

should improve strategic focus and financial performance.

GS Business & Information Services Coverage