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The Latest Breaking News from Hindenburg

Race for AI is making Hindenburg-style disaster ‘a real risk’, says leading expert

Prof Michael Wooldridge says scenario such as deadly self-driving car update or AI hack could destroy global interest

The Guardian - UK

Adani lawyer claims journalists funded ‘by China’, court quashes gag order

A Delhi court on Thursday set aside a lower court’s September 6 order that had restrained journalists and publishers from publishing articles deemed defamatory to Adani Enterprises Ltd (AEL), led by Gautam Adani.

Newslaundry

Hafta letters: Paywall content, crowd at Kumbh, development of Ahmedabad

NaveenTime-sensitive letter.Great work. Keep upping the game. I want to know: There is so much hype on electoral bonds and Hindenburg report. I want to know why no one is talking about, following up and its consequences. I understand the rest of the media, I want to know why Newslaundry isn’t…

Newslaundry

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read the most diverse news in one place.

Are famous short-sellers going extinct? The exit of Hindenburg Research and Andrew Left shows the risky trade is shrinking

Indicted short-seller Andrew Left tells Fortune a chilling effect is making “everyone think twice.”

Fortune

Axos Financial: how the US bank became one of Trump’s biggest backers

The online lender has thrived as it helped extend $400m in loans with its biggest individual investor, Don Hankey

The Guardian - UK

Carvana Stock Gained 284% in 2024. This Famous Short-Seller Says It’s Time to Abandon Ship.

Hindenburg Research alleges that Carvana has questionable accounting practices, warning investors to stay away.

Barchart

Carvana father-son duo lose hundreds of millions of dollars in net worth after short-seller report

A prominent short-seller accused the used-car dealer of wrongdoing, sending its shares down.

Fortune

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Cold War, Emergency, Hindenburg: ‘Foreign hand’ pretext to censor media criticism

The ubiquitous “foreign hand” is back again. It has hovered over Indian politics for decades, especially when the party in power is criticised for its actions, or inaction. It has been particularly persistent in the last decade and more since Narendra Modi became prime minister.

Newslaundry

Broken EV Dreams: Lordstown's Bankruptcy And $10M Investor Settlement

Lordstown Motors Corp (OTC:RIDEQ), now Nu Ride (OTC:NRDE), burst onto the scene in 2020 promising a revolutionary electric truck and raking in over $675 million from investors. The company aggressively marketed the Endurance, its first EV truck, as a competitor to established automakers, sending the stock soaring. However, this house…

Benzinga

Ofcom urged to act after US firm claims Roblox is ‘paedophile hellscape’

Campaigners say watchdog must ensure Online Safety Act is rigorous enough, after allegations about gaming platform

The Guardian - UK

Roblox clashes with an 'activist short-seller' who's going after its share price with accusations that it's running a 'pedophile hellscape' and lying about user numbers

Roblox Corporation's share price slipped on the report, which was probably at least partly the goal.

PC Gamer

DOJ reportedly probes Supermicro for accounting manipulations — alleged export violations to China and Russia also raise attention

DoJ reportedly probes Supermicro over accounting manipulation amid alleged failure to comply with the U.S. export regulations accusations.

Tom’s Hardware

Adani proxy’s $311 million frozen by Swiss authorities

Over the last three years, the Swiss authorities have frozen US $311 million (Rs 2,610.7 crore) belonging to a prominent associate of the Adani group for his role in money laundering, manipulation of the group’s stocks in the Indian markets, and forgery.

Newslaundry

What's Behind the Latest Super Micro Computer Stock Downgrade?

As skepticism swirls around Super Micro Computer, leading investment bank JPMorgan’s dramatic reversal on its earlier stance has become the latest headline.

Barchart

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Barchart

Should You Buy the Dip in Super Micro Computer Stock?

This AI server company has a stock split on the horizon, but accounting issues have stolen the spotlight, sending SMCI sharply lower this week.

Dynamite News

Cong demands JPC inquiry on Hindenburg-Adani-SEBI row; Stages protest

The protest rally was held by Telangana Pradesh Congress Committee (TPCC) from Gun Park to the ED office in Hyderabad. Read further on Dynamite News:

Newslaundry

In Hindenburg fallout, serious questions cordoned off by the media’s noise

The Modi government is lucky. The latest bombshell from Hindenburg Research landed in India a day after the budget session of parliament had concluded. Had it come a couple of days earlier, one can just imagine the scenes in both houses of parliament, given that the name “Adani”, mentioned by…

Dynamite News

Hindenburg guns fresh queries for SEBI Chief after she rejects allegations

The US short seller also raised concerns about the financial statements of SEBI Chief's Singapore consulting entities during her tenure at SEBI. Read further on Dynamite News:

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news in one place.

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Newslaundry

Hindenburg row: ‘New material’ shows violation of rules by Adani group, says review plea in SC

Over a month after the Supreme Court rejected petitions seeking an SIT probe into stock price manipulation allegations against the Adani group, a fresh plea at the top court has sought the review of the January 3 verdict.

The Times of India

Gautam Adani’s rollercoaster ride: From Hindenburg’s hit to historic comeback

In late January 2023, Hindenburg Research, a US-based short-selling firm, caused a stir in the financial world with its report targeting Gautam Adani, who was then Asia's wealthiest individual. The report accused Adani Group, the apples to airport conglomerate, of "brazen stock manipulation and accounting fraud scheme over the course…

The Hindu

Adani-Hindenburg case verdict: Key takeaways

The Hindu decodes the key takeaways from the Supreme Court’s verdict in the Adani-Hindenburg case

International Business Times

India Top Court Declines To Order New Probe Against Billionaire Gautam Adani's Companies

India's top court on Wednesday rejected pleas to set up a new panel to probe allegations of fraud made against the Adani group by short seller Hindenburg Research.

Dynamite News

Supreme Court declines to order SIT or CBI probe in Adani-Hindenburg row

In a relief to the Adani group of companies, the Supreme Court on Wednesday declined to transfer the probe from Securities and Exchange Board of India (SEBI) to a Special Investigation Team (SIT) or CBI into the Adani-Hindenburg issue over allegations of stock price manipulation by the Indian corporate giant.…

The Hindu

Supreme Court upholds SEBI probe, turns focus on ‘conduct’ of Hindenburg

Hindenburg Adani case: Supreme Court directs SEBI to probe if Hindenburg report on short-selling caused harm to investors; dismisses NGO's findings against Adani Group.

Newslaundry

‘Investigative reports can’t be taken as credible evidence of SEBI lapse’: SC relief for Adani

The Supreme Court has rejected petitions seeking a court-monitored SIT probe into the allegations part of the Hindenburg Research report about stock price manipulation by the Adani Group.

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