The Twitter-24/7 Wall St. Market Report (3/2/2011) Yahoo! Japan, IEA Oil Prices

Investing

Published: March 2, 2011 7:49 am

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

CNNMoney: Oil tests the $100-a-barrel mark http://bit.ly/eNsbtL 6 minutes ago via twitterfeed

Yahoo! Finance: Supreme Court: AT&T Doesn’t Have ‘Personal Privacy’ Rights http://yhoo.it/h34S65 12 minutes ago via HootSuite

Reuters: IEA economist says expensive oil here to stayhttp://dlvr.it/J2V6X 18 minutes ago via dlvr.it

Yahoo! Finance: Investors pull billions from emerging marketshttp://yhoo.it/fJvBFg about 1 hour ago via HootSuite

Yahoo! Finance: Yahoo in talks on $8 billion Japan exit: sourceshttp://yhoo.it/hgrDNi $YHOOabout 1 hour ago via bitly

Douglas A. McIntyre

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