Jim Chanos

The past week has been a whirlwind of news, with the spotlight on Elon Musk‘s Department of Government Efficiency (DOGE) and its access to federal payment systems, the impact of President Donald Trump‘s tariffs on the soda industry, and more. Let’s dive into the details. Treasury...

The U.S. Internal Revenue Service (IRS) is reportedly on the verge of dismissing thousands of employees, a move that could significantly affect the agency’s operations during the crucial tax-filing season. What Happened: The IRS is set to lay off a substantial number of workers,...

Foxconn Technology Group, also known as Hon Hai Precision (OTC:HNHPF)  Apple Inc.‘s primary iPhone manufacturer, confirmed Wednesday it would consider acquiring Renault’s stake in Nissan Motor Co. (OTC:NSANY) as part of a broader strategy to expand its electric vehicle manufacturing...

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk on Thursday said that he is unaware of a potential contract for $400 million to provide armored vehicles to the government. What Happened: “I'm pretty sure Tesla isn't getting $400M. No one mentioned it to me, at least,” Musk said in a post reply...

Prominent short-seller Jim Chanos called into question a potential $400 million government contract for Tesla Inc.’s (NASDAQ:TSLA) armored Cybertrucks on Wednesday, linking it to CEO Elon Musk’s recent appointment to lead government efficiency initiatives. What Happened: “While we...

Sam Altman-led OpenAI is almost ready to finalize the design for its first proprietary artificial intelligence (AI) chip. This development could reduce the company’s reliance on Nvidia (NASDAQ:NVDA) and enhance its bargaining power with other chip suppliers. What Happened: OpenAI is making...

On Friday, Cathie Wood's Ark Invest made significant trades involving a number of prominent companies such as Amazon.com Inc (NASDAQ:AMZN), Robinhood Markets Inc (NASDAQ:HOOD), Palantir Technologies Inc (NYSE:PLTR), and Roblox Corp (NYSE:RBLX), among others....

The Trump administration has decided to delay the suspension of the de minimis provision, which allows duty-free entry for packages valued under $800. What Happened: The delay will remain in place until the Commerce Department can establish systems to efficiently process and...

Renowned short-seller Jim Chanos has raised alarms over current market trends, drawing parallels to the speculative extremes seen during the pandemic. His comments come amid a backdrop of rising concerns about market volatility and speculation. What Happened: Chanos shared his insights...

Noted short seller Jim Chanos raised the alarm about potential unpredictable risks and excessive speculation in the U.S. markets, citing the recent DeepSeek debacle that wiped out nearly $1 trillion in market value. What Happened: In a conversation with Bloomberg TV on Wednesday, Chanos highlighted...

Prominent Wall Street short seller Jim Chanos has called attention to the billions in federal subsidies received by Tesla Inc. (NASDAQ:TSLA) and its customers, amid growing scrutiny of CEO Elon Musk‘s political activities and declining sales in key markets. What Happened: Chanos’s...

Billionaire investor Bill Ackman praised Hindenburg Research‘s contributions to capital markets following the influential short-seller’s unexpected closure, highlighting the firm’s crucial role in exposing corporate misconduct during its seven-year run. What Happened: “This...

Shares of Adani group companies rose and added over $5.9 billion to investor wealth on Thursday, following the shutdown of the short-seller Hindenburg Research, as announced by its founder Nathan Anderson in a farewell note on Wednesday. What Happened: Around ten listed companies owned by the...

Hindenburg Research, the influential short-selling firm that rattled global markets with high-profile exposés of companies like Adani Group and Nikola Corp. (NASDAQ:NKLA), announced its closure Wednesday after a seven-year run that reshaped modern activist investing. What Happened: Founder Nathan...

Renowned short-seller Jim Chanos is warning of potential overbuilding in the data center sector, drawing parallels to the 2000 fiber optic bubble, even as tech giants Microsoft Corp. (NASDAQ:MSFT), Amazon.com Inc. (NASDAQ:AMZN), and Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) Google announce massive...