Financial services play MSCI[ticker symb=MSCI], down 13% since Jan. 1, has exited the Long-Term Leaders main list. [ibd-display-video id="9231225" width="100" float="left" /] In addition to a disappointing year-to-date decline, the stock has seen a downward spiral of underperformance vs.
Moody's (MCO) enters into a strategic partnership with MSCI to augment its ESG solutions. The financial terms of the deal remain undisclosed. This move aligns with the company's organic growth strategy.
Technology remained the best-performing sector of the second quarter on the AI drive, while energy lagged.