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 w
hich stocks.

CNN Money: AIG posts 2nd-quarter operating income of $1.29 billion, more than double a year earlier, on revenue of $20 billion. $$

CNN Money: Tylenol’s side effect? A brand boycott http://bit.ly/dDpuG9

MarketWatch: BP pumping in cement to seal Gulf well http://on.mktw.net/aOPs68

MarketWatch: BlackBerry enemies piling up for RIM http://bit.ly/9t5K9B

DailyFinance: Apple’s iPhone with WiFi to Finally Arrive in China http://bit.ly/aNW7k7

DailyFinance: BP Completes Cementing of Oil Well in Gulf of Mexico http://bit.ly/9pr68A

Reuters Biz: AIG posts quarterly loss on goodwill charge http://link.reuters.com/vaw63n

Reuters Biz: GM at work on IPO filing but not ready yet: CEO http://link.reuters.com/byp53n

Douglas A. McIntyre