this post was submitted on 07 Apr 2025
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How a false X post about pausing tariffs led to multi-trillion-dollar market swings. (text.npr.org)
submitted 1 week ago by Tea@programming.dev to c/technology@lemmy.world
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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?

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[–] Zink@programming.dev 6 points 1 week ago

They probably care less about whether it is true, and more about whether they can get their buy in before everybody else.