How a false X post about pausing tariffs led to multitrillion-dollar market swings
text.npr.org

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?

  • Ulrich@feddit.orgEnglish
    49·
    8 months ago

    In statements to NPR, Reuters said it has withdrawn the incorrect report, blaming a headline published on CNBC.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?