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The Latest Breaking News from Hindenburg Research

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

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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

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

The Hindu

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.

Al Jazeera

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

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"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.…

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:

Dynamite News

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.

Investors Business Daily

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…

France 24

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...

Barchart

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news in one place.

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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.

The Street

Block, A Key Cathie Wood Stock, Tanks As Hindenburg Reveals Short

"Block has systematically taken advantage of the demographics it claims to be helping," Hindenburg Research said.

Dynamite News

Parliament Budget session: Opposition leaders to march to ED Office, hand over complaint on Adani issue

Several Opposition MPs on Wednesday morning, gathered for a meeting Rajya Sabha leader of opposition and Congress president Mallikarjun Kharge's Parliament chamber over the Adani Group issue. Read further on Dynamite News:

The Street

Billionaire Adani's Empire Loses $154 Billion in a Month

Adani Group is on a roadshow to reassure international investors after the short-seller Hindenburg Research launched allegations of fraud.

Get all your
news in one place.

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The Street

Billionaire Adani's Empire Loses More Than $135 Billion

Indian tycoon Gautam Adani's conglomerate is facing allegations of stock price manipulation and fraud that have chilled investors.

The Street

Billionaire George Soros Makes New Powerful Enemies

The legendary investor says India's prime minister Narendra Modi is weakened by the downfall of billionaire Gautam Adani's empire.

Bangkok Post

Unmasking India's crony capitalist oligarchy

The recent accounting fraud and stock manipulation allegations against multi-billionaire Gautam Adani made by Hindenburg Research, a New York-based short-selling firm, has startled the financial world. The episode is a necessary reality check for those who are expecting India's star to burn brighter in the global economic firmament as China's…

Dynamite News

Why not JPC in Hindenburg Adani row: Jairam Ramesh after Centre's reply in SC

Congress leader Jairam Ramesh on Monday took a swipe at the Centre over its reply in the Supreme Court regarding appointing a committee in connection with the Hindenburg's report on Adani Group, and questioned the government on why it was not agreeing to a joint parliamentary committee (JPC).

The Street

Billionaire Adani's Tanking Empire Dreams Less

A new batch of bad news has hit the Indian tycoon's conglomerate, which has been plagued by fraud allegations from a short-seller.

Dynamite News

Budget Session: Kharge Calls Opposition Meeting Tomorrow To Chalk Out Floor Strategy

Congress president and Leader of Opposition in Rajya Sabha Mallikarjun Kharge has called a meeting of "like-minded" opposition parties on Monday. Read further on Dynamite News:

Reuters

Adani faces fresh risk as MSCI examines free float of its stocks

India's Adani Group faced fresh concerns on Thursday after financial index provider MSCI said it was reviewing the free float designation of some of its companies' securities.

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