Thursday, May 29, 2025

Latest

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.

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.

Leave a Reply

Video Articles

How To Profit From $3300 Gold? An Inside Look At A Massive 300,000 Oz Project | Martino De Ciccio

We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp

Equinox Gold Q1 Earnings: When Everything Goes Wrong

Recommended

Sterling Metals Hits 0.21% Copper Over 482.8 Metres In First Drilling At Soo Copper project

First Majestic Makes Second Major Discovery At Santa Elena In Just A Year

Related News

Down The Rabbit R1 Hole: Is The New AI Device A Leap Forward Or A Fad?

A new artificial intelligence player has captured the attention of tech enthusiasts and industry leaders...

Friday, January 26, 2024, 03:57:00 PM

A Week Before Trump Transition, Biden Team Proposes Sweeping AI Chip Controls

The Biden administration proposed new controls Monday over the export of advanced AI computer chips,...

Tuesday, January 14, 2025, 12:59:00 PM

A Car Dealership in California Is Using ChatGPT for Customer Support, and People…Took Advantage

Some eagle-eyed, bored internet person recently discovered that Chevrolet’s Watsonville, California dealership’s website chat support...

Monday, December 18, 2023, 12:41:42 PM

Popular AI Chatbot Convinces Man to Commit Suicide Over Climate Change Worries

The widow of a Belgian man whom recently committed suicide is blaming an AI chatbot...

Wednesday, April 5, 2023, 02:18:00 PM

DeepSeek Says Its New AI Model Tops Industry Leaders in Image Creation

DeepSeek, a Chinese artificial intelligence company that recently surprised the tech world, announced Monday that...

Tuesday, January 28, 2025, 02:59:00 PM