Investing

The Twitter-24/7 Wall St. Market Watch (8/6/2010)

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. It raises the question of whether there is wisdom in crowds.

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.

CNN Money: AIG posts 2nd-quarter operating income of $1.29 billion, more than double a year earlier, on revenue of $20 billion. $$

CNN Money: Tylenol’s side effect? A brand boycott http://bit.ly/dDpuG9

MarketWatch: BP pumping in cement to seal Gulf well http://on.mktw.net/aOPs68

MarketWatch: BlackBerry enemies piling up for RIM http://bit.ly/9t5K9B

DailyFinance: Apple’s iPhone with WiFi to Finally Arrive in China http://bit.ly/aNW7k7

DailyFinance: BP Completes Cementing of Oil Well in Gulf of Mexico http://bit.ly/9pr68A

Reuters Biz: AIG posts quarterly loss on goodwill charge http://link.reuters.com/vaw63n

Reuters Biz: GM at work on IPO filing but not ready yet: CEO http://link.reuters.com/byp53n

Douglas A. McIntyre

Credit Card Companies Are Doing Something Nuts

Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.

It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.

We’ve assembled some of the best credit cards for users today.  Don’t miss these offers because they won’t be this good forever.

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

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