Twitter has, by most estimates, 75 million visitors a month, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million Twitter users.
24/7 Wall St. will look at the Twitter posts at Reuters Biz, WSJ, Financial Times, CNN Money, MarketWatch, CNBC, and 24/7 Wall St. each day to see which stocks are most frequently mentioned. It is clear that in this area of social media these tweet are a sign of which companies the Twitter universe is interested in. These financial sites are followed by a combined 625,000 Twitter users which makes them a sizeable sample of Wall St.’s interests. In some cases, we will publish the actual tweets from the sites.
Among the daily top trending symbols on stock twitter aggregator StockTwits RIM (RIMM), Apple (AAPL), Ford (F), Micron (MU), and Borders (BGP)
CNN Money: RT @LisaDCNN The bad news: # of long-term unemployed increased by 414,000 to 6.5 million ppl who have been w/out work 27 weeks or more
FT: M Stanley hit by loss on Atlantic City casino: Morgan Stanley is to suffer a loss estimated at about $1bn … http://bit.ly/9XPBQA
MarketWatch: Can AOL break into news without breaking the bank? http://bit.ly/c1xq2J
Reuters Biz: Samsung Electronics shares hit record high http://link.reuters.com/maf36j
Reuters Biz: Asian shares rise on upbeat U.S. data, autos gain http://link.reuters.com/cyk36j
WSJ: An early look at some apps for the iPad (including the Journal’s) http://on.wsj.com/aDO3qz
Douglas A. McIntyre
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