By Jonathan Stempel NEW YORK (Reuters) – Keith Gill, the investor known as “Roaring Kitty” who helped spur the meme stock mania of 2021, was sued by GameStop investors who said they lost money through his “pump-and-dump” scheme for the videogame retailer. A proposed class action accusing Gill of securities fraud was filed on Friday […]
India’s opposition leader Rahul Gandhi has called for a parliamentary investigation into Narendra Modi and his right-hand-man for alleged stock market manipulation in the wake of the election results. Gandhi said Modi and home minister Amit Shah gave misleading advice to the public after exit polls incorrectly suggested the ruling BJP would win another landslide. […]
Trump Media & Technology Group has fired another salvo in its war on short sellers betting against Donald Trump’s namesake social media company. Devin Nunes, CEO of Trump Media, has asked the Nasdaq to cooperate in investigating the alleged market manipulation of the company’s shares. He is seeking trading information from 13 financial firms and […]
Former President Donald Trump.Scott Olson/Getty Images Trump Media’s leadership seems convinced short-sellers are manipulating its stock. The company wants the Nasdaq’s help to investigate whether “naked” short selling is going on. CEO Devin Nunes has been trying to crack down on short-sellers betting against the company. Former President Donald Trump’s media company is doubling down […]
Trump Media (DJT) CEO Devin Nunes is urging Republican lawmakers to investigate “potential manipulation” of DJT’s stock in response to what he claims to be “anomalous trading” of shares. “Since April 2, 2024, DJT has appeared every day on Nasdaq’s ‘Reg SHO threshold list,’ which is indicative of unlawful trading activity,” Nunes wrote in a […]
Citadel Securities has blasted the CEO of Trump Media—the parent company of Truth Social—after the executive accused the Ken Griffin-founded company of “potential market manipulation.” On Thursday Devin Nunes, CEO of the Trump Media and Technology Group (TMTG), wrote to NASDAQ’s CEO Adena Friedman claiming stocks in his company had fallen foul of “naked short […]
(Reuters) – Shares of Donald Trump’s media and technology company were up more than 3% on Friday after it asked the Nasdaq exchange to help prevent “naked” short-selling in its shares. Trump Media & Technology Group has alerted the CEO of Nasdaq of “potential market manipulation” in its shares, it disclosed in a filing with […]
MANILA (Reuters) – Foreign correspondents in Manila rejected on Wednesday a claim made by China that the Philippines had journalists manipulate videos taken during resupply missions in the South China Sea to make it look like a “victim”. The Foreign Correspondents Association of the Philippines (FOCAP) “takes deep offence at the insinuation that the press […]
A review of Baltimore City schools that examined more than 18 million records found “no widespread grade manipulation” across the system, officials said at Tuesday night’s Board of School Commissioners meeting. The state’s Department of Education ordered the audit after a 2022 Maryland Inspector General for Education report found the city school system’s grading policies […]
Several major news agencies have withdrawn an image distributed by Kensington Palace showing Catherine, Princess of Wales, and her children, saying they believe the photo has been manipulated. The photograph is the first officially released image of the princess since she underwent abdominal surgery in January, and comes after weeks of intense public speculation and […]
Earlier in January, millions of people engaged with an artificial intelligence (AI)-generated photo of the Eiffel Tower catching fire, leading many people online to witness the wide-ranging capabilities of AI. The manipulated image of the Eiffel Tower, which has now been removed from TikTok, where it first appeared, had over 4.5 million likes and thousands […]