Twitter has, by most estimates, 100 million members, 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 Google Inc (NASDAQ: GOOG), STEC, Inc, (NASDAQ: STEC), Citigroup, Inc (NYSE: C), XenoPort, Inc (NASDAQ: XNPT), Hanmi Financial Corp (NASDAQ: HAFC), United Parcel Service, Inc (NYSE: UPS), and First Solar, Inc. (NASDAQ: FSLR).
CNN Money: What’s black & white & green all over? USA Today publisher Gannett posts big profit jump. Much of it was from cost cutting, but $GCI up 2%.
FT: Twitter builds on its character: The micro-blogger is determined to prove its potential for making money http://bit.ly/9RK8hg
CNBC: Google Results Jump but Don’t Beat ‘Whisper Number’ $GOOG #earnings http://bit.ly/cOIJny
MarketWatch: Bank of America earns $3.2 billion in first quarter; tops estimates http://on.mktw.net/a2Iaha
MarketWatch: GE profit drops nearly a third; EPS tops estimates http://on.mktw.net/aYOcb0
Reuters Biz: Mattel surprises with quarterly profit http://link.reuters.com/jex97j
Reuters Biz: Sony Ericsson makes surprise 1st quarter profit http://link.reuters.com/bav97j
Douglas A. McIntyre
Douglas A. McIntyre
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