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The Latest Breaking News from Hindenburg

Super Micro's stock price surges after key ruling

A special committee has weighed in on allegations against the AI-server maker.

The Street

‘India should be more interested than US’: Editorials on Adani charges

Adani Group’s chairman Gautam Adani and its seven other executives’ indictment in the US for a $265 million bribery scheme involving government solar energy contracts has triggered a fresh wave of controversy.

Newslaundry

Why has Indian billionaire Gautam Adani been charged in a US bribery case?

It’s the latest in a recent series of fraud allegations trailing the embattled billionaire’s Adani Group.

Al Jazeera

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Who is Gautam Adani – Indian billionaire charged in US in $250m bribery case

Adani’s businesses lost over $150bn in market value last year after Hindenburg Research accused his group of improper use of offshore tax havens

The Independent UK

Shares in India's Adani Group plunge 20% after US bribery, fraud indictments

Asia’s controversial richest man, Indian tycoon Gautam Adani, is again in the spotlight

The Independent UK

India's Adani Enterprises Tanks After Founder's US Charges

Shares in India's Adani Enterprises slumped 10 percent at Thursday's open after US prosecutors charged billionaire industrialist founder Gautam Adani with paying hundreds of millions of dollars in bribes and hiding the payments from investors.

International Business Times

Analysts update Super Micro stock price target after shocking disclosures

Investment firm sees 'uphill battle' for the tech company's stock to stay listed.

The Street

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Pushing Buttons: With the safety of Roblox under scrutiny, how worried should parents be?

Millions of children play on this platform accused of having reams of troubling content and users, but there are hundreds of better alternatives that serve kids’ curious minds

The Guardian - UK

Veteran fund manager looks at server demand as Super Micro makes major AI move

One long-time analyst offers a blunt take on Super Micro Computer's shares.

The Street

Roblox is ‘a pedophile hellscape’ and unsafe for kids, says short-seller

The company’s stock fell as much as 9% following the report.

Fortune

AI company Super Micro rebounds despite short seller allegations and reported DOJ investigation

Shares of the manufacturing company recovered after Super Micro reported that it would be shipping more than 100,000 GPUs per quarter.

Fortune

Is Wall Street 'Too Pessimistic' on Super Micro Computer Stock?

Following a scathing short-seller report, Super Micro looks to make a comeback.

Barchart

Another Super Micro Computer Bull Jumps Ship, But is the Stock a Sell?

Down 68% from all-time highs, Super Micro Computer is priced at a cheap multiple and trades at a sizeable discount to consensus price target estimates in September 2024.

Barchart

Short seller Hindenburg takes aim at AI hype, sinks two companies' stocks

Two reports published last week by Hindenburg Research target the AI companies Super Micro and iLearningEngines, whose stocks sharply dropped in response.

Fortune

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Fortune

Super Micro, an AI darling, postponed earnings while under a short-seller’s microscope

Hindenburg Research’s 19,000-word short report accuses Super Micro of sanctions evasion and accounting manipulation.

Investors Business Daily

SMCI Stock Tumbles As Short Seller Accuses Super Micro Of Accounting Irregularities

Short seller Hindenburg Research accused Super Micro Computer of accounting manipulation and other problems. SMCI stock fell.

Fortune

he SEC fined Carl Icahn $500K—just 0.01% of his net wealth

The SEC alleges Icahn pledged approximately 51% to 82% of his holding company's outstanding securities to secure margin loans.

Top News

Equinix Faces Allegations Of Inflated Profit Metric By Hindenburg

Equinix faces allegations of inflating profit metric by Hindenburg Research, denying claims. Investors cautious as stock price fluctuates.

Newslaundry

Adani-Hindenburg case: SC bats for institutional credibility over media, third-party claims

On November 24, hearing the petitions calling for a court-monitored CBI or SIT probe into US-based short seller Hindenburg Research’s allegations against Adani group, a three-judge Supreme Court bench led by CJI DY Chandrachud had stated that it wasn’t convinced of any grounds for doubting the ongoing SEBI probe into…

The Hindu

Decoding the Adani-Hindenburg judgment

Supreme Court order on Adani-Hindenburg matter limits inquiries to SEBI, ruling no regulatory failure; verdict raises questions on transparency & justice.

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