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 Palm (PALM), Alcoa (AA), Ambac (ABK), AIG (AIG), VMWare (VMW), Google (GOOG), and Microsoft (MSFT)
nytimes Greek Bond Sale Attracts Strong Demand http://nyti.ms/d7Eh9j
MarketWatch U.S. trade deficit widens to $39.7 billion for February, exceeding consensus http://on.mktw.net/aex61A
Reuters Biz: Huawei approached by Palm for acquisition talks: source http://link.reuters.com/dys57j
Reuters Bzi: Consumer Reports calls Lexus SUV “safety risk” http://link.reuters.com/bew57j
Reuters Biz: World oil demand to hit record high this year: IEA http://link.reuters.com/qus57j
CNBC: #Alcoa Profit Hits Forecasts, but Revenue Misses Expectations -> http://bit.ly/91v24a $AA #earnings
CNNMoney: Wal-Mart vows to go green http://bit.ly/bRQAbo
FT: GM and VW raise China sales forecasts: General Motors and Volkswagen raise their forecasts for car sales in China … http://bit.ly/cNs8hs
Douglas A. McIntyre
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