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by mschuster91 895 days ago
> Imagine your bank balance is suddenly worth half as much because someone wrote a tweet.

That's just as possible with regular stocks, which Twitter's owner has (unrelatedly) demonstrated multiple times in the past with both Tesla and Twitter... or, a bit slower, in the early covid months.

Stock markets are insanely sensitive to "insider" information and breaking news in general, which is why the regulations around them are so strict.