Quite a lot of money is at stake in the control for retail investors' minds.
Lots of stupid takes get amplified by people who lack background. Look at the recent Intel/TSMC/Broadcom merger rumors. The story was "Canada could join the US" level of stupid to anyone with experience anywhere near chip fabrication but it still circulated for several days. Also, look at what it did to the stock price of INTC. Lots of money made and lost there.
Lots of stupid takes get amplified by people who lack background. Look at the recent Intel/TSMC/Broadcom merger rumors. The story was "Canada could join the US" level of stupid to anyone with experience anywhere near chip fabrication but it still circulated for several days. Also, look at what it did to the stock price of INTC. Lots of money made and lost there.