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 are AIG (AIG), Palm (PALM), Monsanto (MON), Forest Labs (FRX), Massey Energy (MEE), and China North East Petroleum (NEP)
CNN Money: CNNMoney Airline stocks surge on merger talks http://bit.ly/aoSevM
NYT: nytimes Also today. Former Citigroup leaders expected to show some contrition in testimony. http://nyti.ms/cHqzQx
Reuters Biz: Costco March same-store sales up 10 percent http://link.reuters.com/har86j
Reuters Biz: Toyota exec warned on defect: “We need to come clean” http://link.reuters.com/haj86j
CNBC: Apple Confirms Wi-Fi Issues with iPad -> http://bit.ly/9upNH7 #ipad #apple
MarketWatch: Initial jobless claims show unexpected increase of 18,000 in latest week, to 460,000 http://on.mktw.net/
Douglas A. McIntyre
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