Twitter-24/7 Wall St. Market Report (8/16/2010): China Growth, Japan Shrinks

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: China marches towards world’s No. 2 economy http://bit.ly/c8R1zd

FT: Japanese economy slows unexpectedly: The strength of Japan’s economic recovery came under question as second-quart… http://bit.ly/bSWlwe

WSJ: Dell to buy data-storage firm 3PAR for $1.15b http://on.wsj.com/ciJTCp

WSJ: Apple’s new mobile-ad service runs into hurdles http://on.wsj.com/aUpNiG

Reuters Biz: Dell pays $1.15 billion for storage company 3PAR http://link.reuters.com/wuf35n

Reuters Biz: U.S. video viewing site Hulu plans an IPO: report http://link.reuters.com/byt25n

Yahoo! Finance: Analysts predict a difficult stock market for rest of year and even into 2011 http://yhoo.it/aJ6FqJ

DailyFinance: Lowe’s Earnings Miss Estimates http://bit.ly/9o3YFy

DailyFinance: Dell to Buy Storage Solution Company 3Par http://bit.ly/bPpKR6

Douglas A. McIntyre