S&P Dow Jones Indices is the company which maintains the GICS — the Global Industry Classification System. That system assigns companies to specific industry groups; it’s important because so many exchange-traded funds are grouped together on the basis of these classifications. That can mean that many stocks get caught in Read more
Several times over the past few years, we’ve written about the secretive augmented reality startup, Magic Leap, which has raised big money from technology giants, including Alphabet [NASDAQ: GOOG], and from the Saudi sovereign wealth fund. “Virtual reality” (VR) headsets, such as Facebook’s Oculus, mask external reality entirely and place Read more
The Global Reform Wave Rolls On: Former Leaders Jailed in Brazil and South Korea Almost two years ago, we wrote about the rise of populist and anti-corruption movements around the world, and told you that we believed these movements would expand, intensify, and disrupt global politics and economics, possibly for decades. Read more
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