Kynikos Capital

Shares of GrubHub Inc (NYSE: GRUB) fell Thursday after Jim Chanos said he is short the stock due to concerns around competition and labor costs. Competition is good for the company, and investors should take advantage of Thursday’s weakness, according to D.A. Davidson. The Analyst Tom Forte...

The Delivering Alpha 2019 conference took place Thursday in New York, and this year’s event included a number of Wall Street heavy hitters. Benzinga Pro reported from Delivering Alpha all day long. Here’s a recap of some of the major headlines you may have missed: Bruce Richards Of...

The S&P 500 roared back to life on Tuesday led by Apple, Inc. (NASDAQ: AAPL) after the U.S. Trade Representative released a long list of exemptions from the new 10% tariffs on an additional $300 billion in Chinese imports set to go into effect on Sept. 1. Tariffs on the exempted items do not go...

Notable short seller Jim Chanos, the founder and President of Kynikos Associates, told CNBC's Sara Eisen in an interview Thursday he has been short casino operators Las Vegas Sands Corp. (NYSE: LVS) and Wynn Resorts, Limited (NASDAQ: WYNN) since the summer. What Happened Speaking to CNBC's...

The Delivering Alpha 2018 conference took place Wednesday in New York, and this year’s event included a number of Wall Street heavy-hitters. Benzinga Pro reported live from Delivering Alpha all day long, and Benzinga Pro subscribers have followed all the action in real time using the keyword...

The cryptocurrency market bounced back Tuesday from its slow start to the week, with most major cryptocurrencies trading higher by more than 3 percent. Here’s a look at some of the headlines that were moving the cryptocurrency market today — and which currencies were on the move....

Kynikos Associates President Jim Chanos was a guest on CNBC's "Squawk Box" Thursday morning to talk about his short positions, both new and old. New Shorts In Restaurant Space Chanos said he has been short Dunkin Brands Group Inc (NASDAQ: DNKN) for "about a year." The...

Bitcoin had a rough week. The indomitable cryptocurrency plummeted 41.5 percent from Sunday’s $19,856 to Friday’s $11,622, and lost more than $4,700, or 23.7 percent, in the last 24 hours.  Why It Matters Crypto longs shouldn’t be the only ones sweating, according to...

As far as Jim Chanos is concerned, his hedge fund is different than most. Kynikos investments come not from the budding minds of rookies but from the time-tested partners, themselves. That’s because “the process is not only analytical … there’s pattern recognition, and that...

Short sellers are often characterized as pessimistic, “glass-half-empty” kind of guys. But Jim Chanos doesn’t see it that way. In fact, the way he views his job is almost patriotic. “I like to say that short sellers are the ultimate capitalists, because for capitalism to...

IN THE NEWS The latest Republican tax reform bill takes yet another stab at the Affordable Care Act with a proposed repeal of individual mandates, party leadership said Tuesday: Link It’s not shocking that Jim Chanos added to Kynikos Associates’ Tesla Inc (NASDAQ: TSLA) short. Tesla...

It’s not shocking that Jim Chanos added to Kynikos Associates’ Tesla Inc (NASDAQ: TSLA) short. Tesla has been building a long list of bears since straying from its 2017 auto schedules, and Chanos has been short the stock for nearly two years. What's shocking is why the hedge fund...

Anything but bitcoin. The cryptocurrency got little love at CNBC’s Delivering Alpha conference Tuesday, with JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon calling it “fraudulent” and Saba Capital Management CIO Boaz Weinstein attributing its rise to nothing beyond FOMO....

Some of the most notable movers and shakers in all of finance on Tuesday will descend on the Pierre Hotel in New York City for CNBC’s 7th annual Delivering Alpha Conference. The event has become known for its high-profile attendees and for revealing financial titans' "top picks....