Core Viewpoint - Datavault AI, Inc. has filed a lawsuit against unidentified "naked" short sellers, alleging securities fraud and defamation, claiming that these practices have manipulated the stock price despite positive company developments [1][2]. Company Overview - Datavault AI, Inc. focuses on AI-driven data visualization, valuation, and monetization, alongside high-performance computing solutions, operating through two core divisions: data science and acoustic science [2]. - The company utilizes proprietary software that incorporates blockchain, AI, and machine learning for secure data management, real-time valuation, and tokenization [2]. Legal Action Details - The lawsuit, filed in federal court in Chicago, seeks unspecified compensatory and special damages against the defendants for their alleged manipulative practices [1]. - The lead counsel for Datavault AI, Jacob Frenkel, expressed confidence in pursuing civil RICO allegations against the violators once identified [2]. Market Context - "Naked" short selling is illegal but remains a common practice that undermines market stability and investor confidence, as noted by the SEC [2]. - The lawsuit highlights the contrast between Datavault AI's positive business developments and the negative impact of the alleged fraudulent activities on its stock price [2].

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Both Michael Burry, the famed investor behind "The Big Short," and Estee Lauder Companies, Inc. EL have strategically reduced their exposure to China – and Burry doubled his bet on the global beauty giant. Burry Shorts China, Buys EL According to its most recent SEC filing, Burry's hedge fund Scion Asset Management doubled its stake in Estee Lauder in the first quarter of 2025. The firm purchased an additional 100,000 shares in the world’s second-largest cosmetics company, bringing its total holdings to 200 ...

the big short v2:> breathe> tokenize it> limit supply by holding your breath, token up> wait for people to mortgage house with breath token> short housing market> hit the gym, breathe heavily — flood market w supply> shorts print> they make movie about youunusual_whales (@unusual_whales):Fannie Mae and Freddie Mac are preparing to count crypto as assets for mortgages. ...

FORT WORTH, Texas, June 23, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY; LTRYW) (“Lottery.com” or “the Company”) received formal notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) confirming that the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1), which requires a minimum bid price of $1.00 (the “Rule”). The Company met this requirement by maintaining a closing bid price of $1.00 or higher for twenty consecutive business days from May 21 through June 18, 2025. ...

Pet e-tailer Chewy Inc (NYSE:CHWY) reported a first-quarter earnings miss before the open, overshadowing its revenue beat. The company issued a lackluster full-year outlook, too, despite recent customer growth. At last check, CHWY was down 11.3% to trade at $40.63. Shares are now on track for their third-straight loss, as well as their worst day since August 2023. The equity is pulling back from its June 6, two-year high of $48.62, but support from the 40-day moving average could contain today's losses. For ...

Lululemon Athletica Inc (NASDAQ:LULU) stock is down 19.7% to trade at $265.71, after the athleisure company's fiscal second-quarter and full-year guidance missed expectations, with tariff pressures the culprit. At least 12 brokerages cut their price targets as a result, the steepest coming from BMO to $250 from $302. The shares are on track for their worst day since March 2020 and earlier gapped to their lowest level since April. The security also broke below a recent floor at the $310 level and lost suppor ...

Tesla (TSLA)  shares had their worst day since March, falling 14% on Thursday as the feud between Elon Musk and President Trump continues to heat up, and is making international headlines.In the aftermath of his 130-day term ending as a special government employee, Musk has publicly criticized the Trump administration’s budget reconciliation bill after previously heading the Department of Government Efficiency (DOGE). The Pros of Musk’s DOGE Exit Despite losing favoritism in the White House, Tesla sharehold ...

Jim Chanos (left) speaks with Forbes editor Matt Schifrin on stage at the 2025 Forbes Iconoclast Summit.Jamel Toppin/ForbesWhen legendary investor Jim Chanos entered the stage at the 2025 Forbes Iconoclast Summit Thursday, he had a big smile on his face thanks to the very public feud that had erupted behind President Donald Trump and the world’s richest person, Tesla CEO Elon Musk. Chanos, who first shorted Tesla stock back in 2016, said of the spat: “Most predictable breakup ever.”With a long and successfu ...

FORT WORTH, Texas, June 03, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading technology company transforming the intersection of gaming, sports and entertainment, announced today that it has commenced an investigation into potential short selling activities in its stock. The Company has engaged legal counsel from Paul Hastings LLP to conduct the investigation. The Company believes that there may have been dissemination of false information relating ...