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    • Hindenburg Research

    Super Micro Computer shares plunge on report of a U.S. Department of Justice investigation
    Frisco

    Super Micro Computer shares plunge on report of a U.S. Department of Justice investigation

    AI server maker Super Micro Computer (SMCI) shares plunged 15% on Thursday after The Wall Street Journal reported that the company is under investigation by the U.S. Department of Justice. Citing unnamed sources, the Journal said the Justice Department was…

    Posted on Bronwen Cerys
    Supermicro stock plunges amid reports of Justice Department investigation
    Frisco

    Supermicro stock plunges amid reports of Justice Department investigation

    Supermicro (NASDAQ:SMCI), a well-known AI server maker, saw its stock price plunge on Thursday following reports of a Justice Department investigation into alleged accounting irregularities. The investigation follows a critical report by activist short-selling firm Hindenburg Research that accused the…

    Posted on Bronwen Cerys
    US Department of Justice investigates Super Micro Computer, reports WSJ
    Enterprise

    US Department of Justice investigates Super Micro Computer, reports WSJ

    (Reuters) – The U.S. Justice Department is currently investigating the Super Micro Computer case, the Wall Street Journal reported on Thursday, nearly a month after short seller Hindenburg Research accused the AI ​​server maker of “financial statement manipulation.” Super Micro…

    Posted on Idris Bevan
    Super Micro shares plunge 19% after company delays annual report following short-seller report
    New Jersey

    Super Micro shares plunge 19% after company delays annual report following short-seller report

    Super Micro Computer (SMCI) shares fell 19% on Wednesday after the company announced it would postpone the filing of its annual report for the fiscal year ended June 30. The announcement comes one day after short seller Hindenburg Research accused…

    Posted on Seren Anwen
    Why Super Micro Computer shares crashed today
    New Jersey

    Why Super Micro Computer shares crashed today

    Super-microcomputer (NASDAQ:SMCI) was one of the rising technology stocks this year. But the manufacturer of servers, cooling systems and storage system components for the huge data center market is battling headwinds. Today, the company said it would have to delay…

    Posted on Seren Anwen
    Super Micro shares fall after short seller Hindenburg Research calls the company a ‘serial recidivist’ in a new report
    New Jersey

    Super Micro shares fall after short seller Hindenburg Research calls the company a ‘serial recidivist’ in a new report

    Shares of Super Micro Computer (SMCI) fell 2 percent early Tuesday after a report from short seller Hindenburg Research alleged, among other things, “balance sheet manipulation” at the AI ​​high-flyer. Super Micro shares had fallen as much as 8 percent…

    Posted on Seren Anwen
    According to sources, wealth funds from Abu Dhabi and Qatar are supporting the sale of Adani Energy shares worth up to billion
    Tennessee

    According to sources, wealth funds from Abu Dhabi and Qatar are supporting the sale of Adani Energy shares worth up to $1 billion

    By Dhwani Pandya and Jayshree P Upadhyay MUMBAI (Reuters) – The Abu Dhabi Investment Authority and Qatar Investment Authority have invested up to $1 billion in a share sale of India’s Adani Energy Solutions, two sources said, the first such…

    Posted on Eira Gwyneth
    Stock market today: Nifty 50 to Hindenburg trading setup, latest news, five stocks to buy or sell on Monday – August 12
    New Jersey

    Stock market today: Nifty 50 to Hindenburg trading setup, latest news, five stocks to buy or sell on Monday – August 12

    Stock market today: The Indian stock market closed higher on Friday on the back of positive global market sentiment due to receding recession fears in the US. The Nifty 50 index rose 250 points to 24,367, the BSE Sensex shot…

    Posted on Seren Anwen
    What is short selling? How did Hindenburg make million last year by short selling the Adani group?
    New Jersey

    What is short selling? How did Hindenburg make $4 million last year by short selling the Adani group?

    Short selling is a trading strategy used as a financial term in the stock markets. In short selling, traders speculate on a stock and expect its price to fall. Short sellers are commonly referred to as short sellers. They bet…

    Posted on Seren Anwen
    Hindenburg-Adani case: Will Adani Group shares fall tomorrow after the latest allegations? Stock market experts respond
    New Jersey

    Hindenburg-Adani case: Will Adani Group shares fall tomorrow after the latest allegations? Stock market experts respond

    With its latest allegations against the Gautam Adani-led ports and power company, Hindenburg Research has once again hit out at the Adani Group. And this time, the US-based short seller has also included Sebi Chairman Madhabi Puri Buch in its…

    Posted on Seren Anwen

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