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The Latest Breaking News from Hindenburg

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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read the most diverse news in one place.

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

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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

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.

Fortune

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.

Investors Business Daily

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.

Fortune

Adani Group Faces Market Turmoil Amid Allegations

Adani Group faces billion losses after Hindenburg Research's accusations of offshore fund links.

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.

Barchart

Down 66%, Is This High-Yield Dividend Stock a Buy for 2024?

Helmed by a maverick activist investor, this high-yield, dividend-paying stock is down 67% on a YTD basis - but is it a good value buy right now? Here's what investors need to know.

The Hindu

Congress cites news on Adani auditor under NFRA lens, says something 'truly rotten' in conglomerate

The Congress cited a media report that one of the Adani Group’s long-time auditors is being scrutinised by India’s accounting regulator to allege that “something is truly rotten” in the conglomerate.

Dynamite News

Rahul Gandhi targets Adani group again on coal pricing issue

Citing UK-based newspaper, Financial Times which claimed that the Adani Group was purchasing coal above its market value from Asian countries, Congress leader Rahul Gandhi on Wednesday alleged that it is due to this reason for prices of electricity in country are getting inflated.

Dynamite News

Congress targets Govt over Adani issue, says: It is 'One Man, One Government, One Business Group'

The Congress has been questioning the financial dealings of billionaire Gautam Adani's group after US research firm Hindenburg alleged "irregularities". Read further on Dynamite News: Read further on Dynamite News:

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