Multi-trillion-dollar stock market swings on Monday appear to have been set off by false reports on Elon Musk’s X. Experts say the episode highlights the social media site’s enduring relevance, even as it helps amplify falsehoods.
How did it happen?
In statements to NPR, Reuters said it has withdrawn the incorrect report, blaming a headline published on CNBC. When asked for comment, CNBC said it “aired unconfirmed information in a banner,” which it “quickly” corrected.
What in the absolute fuck?
Market manipulation
…by whom? A random Twitter user? CNBC? Reuters?
The only ones that do this are hedge funds. Adult Frat boys.
Okay, and what did the “adult frat boys” do, exactly?
Also worth noting that the White House has now confirmed the 90 day tariff freeze.
They do various schemes to manipulate and extract money from the free markets.
It’s not a conspiracy, they are quite open even with their methods, because they are… Bragging… About it.
Great, so you shouldn’t have any problem explaining exactly what they did?
How do you reckon that? Not a little antoganistic haha. Good luck in life like that
It was a pump-and-dump scam, I’m almost sure of it.
Someone made millions off of that Xeet.
