Twitter  has, by most estimates, 175 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 tweets are a sign of which companies the Twitter universe is interested in. Together, these financial sites are followed by nearly 1,000,000 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: GM on a roll: 1st Super Bowl ads in 3 years http://bit.ly/dL7eaF

CNN Money: Alcoa posts strongest earnings in over two yearshttp://bit.ly/eQKJsE

FT: China’s forex reserves show record leap: China’s foreign exchange reserves jumped by a record $199bn in the last…http://bit.ly/eWrTui

MarketWatch: Alcoa swings to profit, projects global demand for aluminum to double by 2020 http://on.mktw.net/i6BArA

Reuters: Tiffany raises outlook on 11 percent holiday sales gain http://dlvr.it/D615P

Reuters: Japan to buy euro zone debt, little relief for euro http://dlvr.it/D4d1f

Yahoo! Finance: The Threat of Rising Food Prices in 2011 http://yhoo.it/e08LSF

DailyFinance: News Corp. to Launch Digital Newspaper on Jan. 19http://aol.it/e7Wvmt

DailyFinance: Intel Settles Legal Dispute With Nvidia for $1.5 Billionhttp://aol.it/dKWjhX

DailyFinance: AMD Forces Out CEO Dirk Meyer http://aol.it/eWtVxl

Douglas A. McIntyre

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