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 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.

CNN Money: Barclays appoints Diamond as incoming CEO http://bit.ly/agwIxO

NYT: Barclays Elevates Diamond to C.E.O. http://nyti.ms/at0VJ6

CNN Money: Obama to introduce another business tax cut http://bit.ly/91D3oo

Reuters Biz: Obama unveils infrastructure plan: President Barack Obama will unveil a $50bn infrastructure plan to build roads, … http://bit.ly/chywxy

Yahoo! Finance: Barclays names investment bank head Robert Diamond to replace retiring CEO John Varley http://yhoo.it/czLfvn

Yahoo! Finance: China rejects currency pressure amid visit by US envoys, says Beijing will set pace of change http://yhoo.it/ay2UiU $$ #forex

DailyFinance: Barclays Appoints Robert Diamond as CEO http://bit.ly/bMlSYQ

DailyFinance: Obama to Call for Full Tax Credit for Business Purchases in 2011 http://bit.ly/bQwWd1

Douglas A. McIntyre

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