Just saw what the AP reported:

The Navy went back and analyzed its acoustic data after the Titan submersible was reported missing Sunday. That anomaly was ‘consistent with an implosion or explosion in the general vicinity of where the Titan submersible was operating when communications were lost,’ according to the senior Navy official. The official spoke on condition of anonymity to discuss a sensitive acoustic detection system. The Navy passed on the information to the Coast Guard, which continued its search.

Seems like a more accurate analysis.