Carson Block

Muddy Waters founder Carson Block says that artificial intelligence will trigger economic fallout that could make the 2008 global financial crisis “pale in comparison.” Block argued that AI-driven job losses will cascade through the U.S. economy over the next several years. Fewer jobs...

On Thursday, SoFi Technologies, Inc. (NASDAQ:SOFI) said it is expanding its Loan Platform Business (LPB) through three new partnerships expected to generate more than $3.6 billion in personal loan funding. Details This includes a transaction with a leading global bank for over $1 billion and a...

Steve Eisman, the fund manager from The Big Short, says a credit cycle is emerging and SoFi Technologies (NASDAQ:SOFI) may be sitting at the center of it. “There is no doubt in my mind that a credit cycle is emerging,” Eisman said on his weekly podcast. He devoted a significant chunk...

SoFi Technologies Inc (NASDAQ:SOFI) shares are gaining ground Monday morning. The digital lender is recovering from a volatile week. Bearish sentiment previously clouded the stock following a critical short-seller report. Battle With Muddy Waters SoFi stock faced heavy pressure last week. Muddy...

SoFi Technologies Inc (NASDAQ:SOFI) shares are trading lower during Thursday's premarket session. The digital lender faces a combination of heavy short-seller allegations and broader market weakness. The decline follows a turbulent week for the fintech firm. Broad market indices are also under...

SoFi Technologies Inc (NASDAQ:SOFI) shares stabilized on Wednesday morning. The move follows a sharp rebuttal against Muddy Waters Research. The short-seller released a scathing report on Tuesday afternoon. SoFi management characterized the claims as a "fundamental lack of understanding" of their...

Chinese e-commerce giant JD.com Inc (NASDAQ:JD) has alleged rival platforms of forcibly persuading couriers to ditch JD Takeaway service, Reuters reported, citing the company’s social media post on Monday. Benzinga reached out to the company for comments. JD Takeaway began onboarding...

Stocks of U.S.-listed Chinese companies, including Alibaba Group Holding (NYSE:BABA), PDD Holdings Inc (NASDAQ:PDD), Baidu, Inc (NASDAQ:BIDU), and JD.com, Inc (NASDAQ:JD), are trading lower Friday as markets turn jittery after President Donald Trump announces sweeping tariffs. Trump's measures...

Chinese electric vehicle company NIO Inc (NYSE:NIO) could provide a look at the Chinese auto market’s momentum when the company reports fourth-quarter financial results Friday before market open. Earnings Estimates: Analysts expect NIO to report fourth-quarter revenue of $2.85 billion, up...

U.S. listed Chinese stocks led by e-commerce and gaming giants like Alibaba Group Holding (NYSE:BABA), Baidu Inc (NASDAQ:BIDU), PDD Holdings (NASDAQ:PDD), JD.Com Inc (NASDAQ:JD) along with electric vehicle companies NIO Inc (NYSE:NIO), Li Auto Inc (NASDAQ:LI), XPeng Inc (NYSE:XPEV) are trading...

Alibaba Group Holding Limited (NYSE:BABA) stock is trading higher Thursday after the company’s fiscal third-quarter report. The Jack Ma co-founded e-commerce giant reported fiscal third-quarter 2024 revenue growth of 8% year-on-year to $38.38 billion, beating the analyst consensus...

On Wednesday, Microsoft Corp (NASDAQ:MSFT) launched Majorana 1, making its quantum chip debut powered by a new Topological Core architecture that it expects to realize quantum computers capable of solving meaningful, industrial-scale problems in years. The chip leverages topoconductor, a material...

American investor and the founder of Muddy Waters Research, Carson Block, is snubbing China’s current stock market rally, citing unreliability in corporate accounting and geopolitical risks. Block voiced to Bloomberg his aversion to Chinese stocks for 15 years due to the lack of credibility...

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. The Dow Jones Industrial Average gained around 2% this week, with the S&P 500 and Nasdaq each rising approximately 1.7%. Despite NVIDIA Corp. (NASDAQ:...

Investors have been hit with an increased amount of short reports from some of the most well-known names in the space, which could be due to high valuations for stocks or could be coming after the 2024 presidential election results. What Happened: Over the past three months, big names in the short...