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The Latest Breaking News from Hindenburg Research

‘Clean chit’: How Adani-owned NDTV reported on SC panel’s report on Hindenburg allegations

As the Supreme Court-appointed expert committee observed on Friday that there was “no coherent pattern of abusive trading” by the Adani group and that some of the charges were “still under investigation”, Adani-owned media house NDTV summed up the 173-page report with this catchphrase: “clean chit”.

Newslaundry

Carl Icahn bet on America to fail. Instead he lost $9 billion

A short seller accused the billionaire of covering up his losses by bribing shareholders with a dividend. Now he admits his 'mistake': 'Don't fight the fed'

Fortune

Carl Icahn Admits He Made a Billion-Dollar Mistake

Things continue to go downhill for the billionaire.

The Street

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Adani-Hindenburg row: SC to hear PILs seeking probe today

The Supreme Court will on Wednesday hear a batch of Public Interest Litigations (PILs) seeking an investigation into the Adani Group-Hindenberg report issue and the SEBI's plea for an extension of time to submit the report.

Dynamite News

The 'karmic quality' of Hindenburg's war on Carl Icahn just took on a new cast. It's not just shorting his stock anymore but his bonds, too.

Weeks ago, Icahn's arch rival Bill Ackman commented on the irony of an activist being pursued by an active campaign.

Fortune

Hindenburg Throws Another Haymaker as Carl Icahn's Empire Reels

Hindenburg is countering Icahn Enterprises' latest attempt to reassure investors.

The Street

Carl Icahn Gets a Taste of His Own Medicine with the Icahn Enterprises (IEP) Decline

Billionaire Carl Icahn’s conglomerate Icahn Enterprises got hit again with sharp losses, meaning that an activist investor got a taste of his own medicine.

Barchart

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'National champion' Adani beneficiary of favours

India’s government appears to have favoured the Adani Group to grow more rapidly than older peers and avoid regulatory scrutiny on potentially serious concerns.

360info

Cash App’s quarterly Bitcoin sales approach $2.2 billion, up 25% year over year

The increase in Bitcoin sales is a reverse from the prior quarter.

Fortune

Billionaire Carl Icahn Loses $10 Billion in 24 Hours

The legendary corporate raider is accused of a Ponzi-like scheme by the New York short-seller Hindenburg Research.

The Street

Wall Street Legend Carl Icahn Loses $10 Billion in 24 Hours

The legendary corporate raider is accused of a Ponzi-like scheme by the New York short-seller Hindenburg Research.

The Street

Dow Jones Closes Lower While Uber Rockets. Carl Icahn Hits Back As Stock Craters On Short-Seller Attack.

The Dow Jones plunged as the latest Fed meeting kicked off. Carl Icahn hit back after Icahn Enterprises stock got slammed. Uber stock soared.

Investors Business Daily

Activist Investor Carl Icahn Has A Huge Problem Brewing

Usually Icahn is the one casting doubt about the validity of other companies.

The Street

Short-seller Hindenburg accuses corporate raider Carl Icahn of a “ponzi-like” corporate setup

Hindenburg claims Icahn’s exchange-listed investment vehicle lures small amateur investors with an excessively generous dividend funded by issuing $1.7 billion in new shares since 2019.

Fortune

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The Hindu

SEBI asks SC for six more months to complete probe into Hindenburg report

SEBI has sought more time to complete the probe into the accusations raised by Hindenburg Research’s damning report against the Adani group

Al Jazeera

Q&A: ‘Chilling’: Journalist sued by Adani, cited by Hindenburg

Veteran Indian journalist Paranjoy Guha Thakurta talks about his reporting, meeting Adani and the cases he faces.

Dynamite News

Gautam Adani meets Sharad Pawar amid Oppn's demand for JPC

Industrialist Gautam Adani met NCP chief Sharad Pawar at the latter's residence in Mumbai on Thursday amid the Opposition's demand for a JPC probe into the Adani-Hindenburg issue. Read further on Dynamite News:

Dynamite News

"SC panel more reliable than JPC": Pawar reiterates stand amid Opp ruckus over Adani

After his explosive claim on the report by Hindenburg Research against the Adani Group, NCP chief Sharad Pawar on Saturday said there are more important issues such as price rise and farmers' issues that the Opposition should raise instead of giving undue importance to the report by the US short-seller.…

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Dynamite News

Opposition demand for JPC probe on Adani issue to continue, says Congress

The Congress on Saturday categorically said the Opposition will keep continuing its demand for a Joint Parliamentary Committee (JPC) probe into Adani issue. Read further on Dynamite News:

Investors Business Daily

Square Discloses Cash App User Data, Firing Back At Short Seller Hindenburg

Square fired back at short-seller Hindenburg Research as SQ stock continued clawing back amid charges Cash App user metrics are inflated.

Investors Business Daily

Stock Market Split As Fed Hikes Rates, Banks Keep Tumbling; Nvidia, On Holding In Focus: Weekly Review

The stock market showed volatile, divergent action as a handful of megacaps propped up the Nasdaq while banks kept tumbling.

France 24

France, Germany face off on EU's 2035 internal combustion car ban

In this edition: Germany seeks an "e-fuels" exemption to the EU's ban on the sale of new petrol and diesel cars after 2035, while France pushes for an all-electric transport future. Also, markets drop amid ongoing interest rate hikes and banking turmoil, and US short seller Hindenburg Research targets Jack…

Barchart

Rally in Tech Stocks Leads the Overall Market Higher

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.29%. Stock indexes Thursday posted moderate gains, led by a...

Barchart

Stocks Rebound as Bank Stocks Stabilize

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +1.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.78%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.87%. U.S. stock indexes this morning are moderately higher as...

Investors Business Daily

Square Plunges On Short Seller Charges, Company To Explore Legal Action

Square plunged after Hindenburg Research disclosed a short position in SQ stock while claiming Cash App consumer services facilitate fraud.

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