Twitter  has, by most estimates, 145 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 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

Financial Time: Amazon seeks to expand globally: Amazon says it plans to revamp its international e-commerce platform to make it… http://bit.ly/hGxoog

Financial Times: Ministers sign off on €85bn Ireland deal: Of the loan deal, about €50bn aimed at bolstering Ireland’s public fin… http://bit.ly/gMr6Zb

CNN Money: Cyber Monday shopping ramps up http://bit.ly/e0iCU4

CNN Money: Foreclosure scandal impact: Sales dry up http://bit.ly/f58Mj3

MarketWatch: European officials announce $112 billion rescue package for Irelandhttp://on.mktw.net/gqDXe3

Reuters Biz: Kraft and Starbucks conflict escalateshttp://dlvr.it/9Nkvv

DailyFinance: Amazon to Overhaul International Business: Report http://aol.it/fcvGy4

Yahoo! Finance: EU agrees on $89 billion bailout loan for Ireland http://yhoo.it/dRaKjI

Douglas A. McIntyre