AI-Generated Image Causes S&P 500 To Dip 30 Points

It’s a glimpse of Orson Welles’ War of the Worlds, as told through artificial intelligence.

The market dipped on Monday morning after reports of an explosion near the Pentagon in Washington DC spread on social media. The report was based on what appears to be an AI-generated image showing plumes of dark smoke in the area near the headquarters of the United States Department of Defense. 

The “explosion” was reported by DeltaOne on Twitter at 10:06 a.m. ET, and by 10:10, the S&P 500 dropped 0.30% but bounced back quickly when the image was confirmed to be a hoax.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

The image was spread quickly on social media and was picked up by the Russian state media outlet RT on its Twitter account with over 3 million followers. The post was retweeted by accounts that “appear to be affiliated with conspiracies or the war in Ukraine,” according to Insider.

Reports also say that the market jitters followed after a fake, blue-checked Bloomberg account shared the image. The image was also shared just after the markets opened for trading.

Arlington, Virginia police and fire officials tried to quickly shoot down the rumors on social media. Most posts about the explosion, including RT’s and DeltaOne’s have since been deleted.


Information for this story was found via AP News, Insider, Twitter, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

This Copper Mine Costs 1/6 to Restart | SSR Mining X Roxmore

Why Cambria Hit Pause on Its Massive Copper-Gold Spinout

Can Gold Rescue Washington From Its Debt Trap? | Andy Schectman – Miles Franklin

Recommended

Mercado Minerals Lengthens El Triunfo Vein by 190 Metres, Readies 1,500-Metre Zamora Drill Program

Blue Jay Gold Signs Ocean Partners Deal to Ship Steller Stockpiles Through 2027

Related News

Shareholders Sue Kerrisdale Over C3.AI Short Report That Led To $1 Billion Loss

Shareholders of C3.ai (NYSE: AI) sued a short seller for releasing a letter that allegedly...

Thursday, April 13, 2023, 07:26:00 AM

Amazon to Acquire AI Chipmaker Perceive for $80 Million

Amazon (Nasdaq: AMZN) has announced plans to acquire Perceive Corp, an AI chipmaker and model...

Wednesday, August 21, 2024, 12:29:54 PM

Is OpenAI Exploring Making ‘Responsible’ AI Porn?

OpenAI, the company behind ChatGPT, has released draft documentation outlining how it wants its AI...

Tuesday, June 11, 2024, 03:49:00 PM

Chinese Entities Still Acquire Nvidia Chips Despite U.S. Bans

In defiance of U.S. export restrictions, various Chinese military bodies, state-run artificial intelligence research institutes,...

Monday, January 15, 2024, 08:45:00 AM

Six States Introduce Data Center Moratorium Bills as AI Boom Strains Power Grids

At least six US states have introduced legislation to pause new data center construction, marking...

Tuesday, February 10, 2026, 03:31:00 PM