Hindenburg’s newest goal: US information heart – Instances of India

brief vendor Hindenburg Analysis focused information heart proprietor Equinix on Wednesday, alleging that the corporate manipulates its accounting and is promoting an “AI pipe dream”.
Hindenburg’s disclosure of a brief place and its allegations increase questions concerning the future for Equinix, which has been benefiting from the expectation that AI firms will want much more information facilities to energy the know-how Equinix shares had been pummeled on Wednesday and the corporate pulled a deliberate bond providing after the report hit. Shares of Equinix fell essentially the most since August, dropping 5%. A consultant for Equinix stated the agency is investigating the claims.