The Twitter-24/7 Wall St. Market Report 8/27/2010 GDP Crash, Boeing Mistake, HP Bid

By Douglas A. McIntyre Published Aug 27, 8:36AM EDT

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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 are of interest.

The Economist: Hewlett-Packard/Dell/3PAR bid frenzy continues, Dell matches fresh HP offer; Boeing delays Dreamliner again http://ow.ly/2vF6Z

CNN Money: Dell matches HP bid to win 3PAR http://bit.ly/a7YTOx

MarketWatch: Dell matches H-P’s $27-a-share offer for 3Par, whose board again sides with Dell offer http://on.mktw.net/9iUTeK

Reuters Biz: Dell raises 3PAR offer to match HP bid http://link.reuters.com/far67n

Reuters Biz: AIG decides against strategic investor for AIA: source http://link.reuters.com/vup67n

MarketWatch: Second-quarter U.S. gross domestic product revised down to 1.6% growth rate from 2.4% http://on.mktw.net/cgFUr5

MarketWatch: Dell matches H-P’s $27-a-share offer for 3Par, whose board again sides with Dell offer http://on.mktw.net/9iUTeK

DailyFinance: 3Par Bidding War Continues: Dell Again Boosts Offer, Matches HP http://bit.ly/9XZ3c1

DailyFinance: A Dream Delayed: Boeing Misses Seventh 787 Dreamliner Deadline http://bit.ly/9hQj9y

Douglas A. McIntyre

About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.