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

 

The Atlantic: AOL Buys Huffington Post in $315 Million Deal:http://bit.ly/gSNs1l via @nationaljournal

CNN Money: AOL acquires Huffington Post http://bit.ly/fCEy0H

WSJ: Berkshire Hathaway Buys Rest of Wescohttp://on.wsj.com/gXSG2G

NYT: DealBook: Danaher to Buy Beckman Coulter for $5.8 Billionhttp://nyti.ms/h6FpPB

MarketWatch: Offshore contract driller Ensco to acquire Pride International at 21% premium http://on.mktw.net/gAUJcD

Reuters Biz: Hasbro profit tops estimates, sees growth in 2011http://dlvr.it/FzzyZ

Yahoo! Finance: Copper hits record; stocks, Treasury yields uphttp://yhoo.it/hvdiCJ

NYT: Berkshire Hathaway to Buy Remaining Shares of Wescohttp://nyti.ms/dIzqeL

WSJ: Hasbro Profit Slips 15% http://on.wsj.com/fXHz3q

Douglas A. McIntyre

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