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SHORT SELLER ACCUSATIONS
SpaceX IPO makes Elon Musk the world's first trillionaireAt a time when concerns about inequality are high and public attitudes toward the ultra-wealthy have soured, Musk has managed to retain a l...- Gautam Adani becomes Asia's richest person again; overtakes Mukesh Ambani, Softbank's Masayoshi SonGautam Adani has regained the title of Asia’s richest person after a rally in Adani Group stocks lifted his net worth to $89.2 billion. The...
- Adani companies extend rally to recoup losses sparked by HindenburgAdani Group companies have recovered nearly $150 billion in market value lost after the 2023 Hindenburg report. Strong rallies in Adani Pow...
- US set to drop criminal fraud case against Gautam Adani, sources say, as deal reached in civil caseThe U.S. Justice Department is close to dropping criminal fraud charges against Gautam Adani over an alleged bribery scheme tied to an Indi...
- 'Two-three victims can draw more attention': ChatGPT maker OpenAI sued for helping Florida University shooter plan timing, targets and gun selection in USThe widow of a Florida State University shooting victim is suing OpenAI, alleging ChatGPT aided the attacker in planning the massacre. The ...
- US Stock Market: Short sellers double down on US life insurers as private credit risks mountInvestors are betting heavily against American life insurance companies. This surge in short selling reflects growing worries about the sec...
- Why stock market rose today? Sensex surges over 900 pts, Nifty tops 24,000. 4 key factors behind Rs 6 lakh crore gainsIndian stock markets surged on Friday, with Sensex and Nifty gaining over 1% each, driven by hopes of an Iran-US ceasefire and falling oil ...
- Nomura sued by Adani-linked fund accused in short-seller Hindenburg reportThe Elara-owned Oyster Bay Fund borrowed from Nomura to make leveraged bets on Adani Enterprises and Adani Ports. Those positions collapsed...
- Vedanta Resources seeks investor nod to prepay $550-million debtVedanta Resources aims to prepay a $550 million private credit facility by raising $700 million from banks like Barclays and Standard Chart...
- Minor Dent! Adani Enterprises, Adani Ports, other group stocks shed up to 2% on Hindenburg's fresh salvoAdani Group stocks fell by up to 2% in early trading on Friday following a new report from Hindenburg Research. The U.S. short-seller alleg...
- Adani-Hindenburg saga continues: Swiss authorities freeze $310 million across five bank accounts linked to Gautam Adani, says reportSwiss authorities have frozen over $310 million in funds following a 2021 investigation into money laundering and securities forgery linked...
- Billionaire Carl Icahn settles with US SEC over alleged disclosure failures, firm shares down 1%Carl Icahn and Icahn Enterprises LP settled with U.S. regulators for $2 million over failing to disclose that most of their securities were...
- More Indian firms on US short-sellers' target? What they can doHindenburg Research's second report on the Adani Group, targeting SEBI chairperson Madhabi Puri Buch, has had minimal impact on markets. An...
- Who after Adani? Hindenburg Research says something 'big' soon IndiaHindenburg Research has hinted at another significant revelation related to India. On Saturday, Hindenburg posted on X, stating, "Something...
- Hindenburg faces Sebi scrutiny, Kotak Bank dragged in Adani sagaAdani-Hindenburg Case: Hindenburg Research's disclosure of suspected violations by Sebi regarding Adani Group's short bet led to minimal ga...
- Swiss co Temenos pulls up short seller Hindenburg that earlier accused AdaniTemenos, a Swiss software firm, refutes allegations by Hindenburg Research, stating a special committee found the claims inaccurate and dec...
- 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 ...
- Adani set to acquire online train booking platform TrainmanAdani Enterprises has agreed to acquire 100% equity in Stark Enterprises, operator of online train booking platform Trainman, with no discl...
- Adani bonds hit distressed levels after stock sale is pulledAdani Green Energy’s 4.375% bond due Sept. 2024 declined more than 12 cents on the dollar to 66.75 cents in high-yield secondary trading, a...
- Short sellers now prefer a quick kill and anonymityThe rules of the game have changed in an era where forceful campaigns on social media platforms and online have made life easier. The more ...
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