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Hindenburg Research to shut shop: 7 giants that the US short-seller disrupted in 7 yearsHindenburg Research, founded in 2017, is shutting down after completing its investigations. Known for exposing corporate fraud, the firm ta...
Hindenburg’s Adani, Icahn calls mark year of prominent betsThese successes mark a string of big hits dealt by the firm founded by Nate Anderson. A scorecard of 14 of the firm’s prominent bets since ...
EV startup founders made big claims, now one could go to prisonA federal judge in Manhattan will sentence Trevor Milton, founder and former CEO of the truck company Nikola, after a jury found him guilty...
Nikola shares plummet 26% as electric truck maker names 4th CEO in 4 yearsNikola forecast third-quarter revenue of USD 18 million to USD 28 million, compared with estimates of USD 34.5 million, according to Visibl...
EV startups burn through more cash as demand faltersEven market leader Tesla has warned of "turbulent times" and traditional automakers with deeper pockets including Ford Motor are losing mon...
After Adani storm, Hindenburg Research is coming up with another report on a ‘big one’Hindenburg Research has now said that it is coming up with a new report soon on another target and promised it to be a 'big one'. Hindenbur...
How Adani selloff stacks up against the biggest stock collapsesThe short position put Ackman at odds with fellow billionaire, Carl Icahn, who became the company’s biggest holder. Icahn went on to defend...
For Hindenburg Research, Adani Group's case a man-made disaster in makingLast week, a report from Hindenburg Research on Indian tycoon Gautam Adani's business empire sparked a USD 51 billion sell-off in shares of...
Who is behind Hindenburg, the company that is shorting Adani?Hindenburg has flagged potential wrongdoing in at least 16 companies since 2017, according to its website. Last year, it took a short and t...
Who is behind Hindenburg, the company that is shorting Adani?Founded in 2017 by Nathan Anderson, Hindenburg Research is a forensic financial research firm which analyses equity, credit and derivatives...
Hindenburg report timed to damage Adani Enterprises FPO: Adani GroupBillionaire Gautam Adani's personal wealth saw an erosion of up to $5.9 billion during the day after the conglomerate shares dropped up to ...
Elon Musk delivers first Tesla Semi trucks"If you're a trucker and you want the most badass rig on the road, this is it," Musk said, noting that it was five years since Tesla had an...
Share market update: Starbucks, Nucor, SoFi, and more - stocks that are moving the marketStocks have been making their moves recently, such as Starbucks, SoFi, Nucor, CSX, and more. Here are the details of them.
Tesla shares sink after supply chain warning, hitting other EV makersChief Executive Elon Musk told a quarterly conference call that Tesla would not launch new models like Cybertruck this year because it woul...
Year of the meme stock: Hertz, Kodak, Nikola top list of 2020 highlightsThe wild swings reflected bets by individuals, many of them new to the market, who looked to brokerage apps like Robinhood Markets to pass ...
For auto companies, finding a partner to go green may be easier said than doneIn the world of cars, investors seem to love news of partnerships, synergies and cost-savings as expensive tech upends long-held rules of t...
No revenue is no problem in the 2020 stock marketThe remarkable thing about some of these SPAC-backed companies is they’re going public before they’ve generated their first revenues. These...
Nikola founder channels Elon Musk in lashing out at naysayer tweetsMilton’s big ambitions, Twitter sparring and choice of name for his company have drawn inevitable comparisons with Elon Musk, and both comp...
Nikola founder exaggerated the capability of his debut truckNikola expects to have its first $1 billion year of revenue in 2023. The truck factory plans to build south of Phoenix is projected to reac...
- Japan tsunami may hit Munich Re profit, but no rate rise seen
Munich Re's provisional estimate suggests it will have to pay Rs 9,590 cr for the losses in Japan, as a result of which its profits will be...