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.
WSJ: Bank of Japan Cuts Key Rate: In a surprise move, the Bank of Japan cut its overnight call rate to help ease th… http://on.wsj.com/a9Mvnw
NYT: Dealbook Column: Breaking Even on A.I.G. http://nyti.ms/c8x9p9
CNN Money: Bank of Japan cuts benchmark rate http://bit.ly/aPfh8t
Reuters Biz: Consumer loan delinquencies rise slightly: ABA http://dlvr.it/6Wb2L
Reuters Biz: Moody’s warns of Irish downgrade as recovery falters http://dlvr.it/6WXmB
FT: Bank of Japan in surprise rate cut: The Bank of Japan cut interest rates and pledged to keep rates at zero until p… http://bit.ly/aGGIWi
Yahoo! Finance: Japan’s central bank cuts rates to zero to fight strong yen, deflation http://yhoo.it/dnRTEu
Yahoo! Finance: Ford shows flagship Lincoln in overhaul: sources http://yhoo.it/8YhoF9 $F $MS $$
Douglas A. McIntyre
Top Gaining Stocks
Top Losing Stocks