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 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.
FT: Microsoft confirms $8.5bn Skype buy: Microsoft is acquiring Skype, the internet telephone company, in what is… http://on.ft.com/ivwNzI
Yahoo! Finance: Microsoft agrees to buy Skype for $8.5B http://yhoo.it/kqNVEK
NYT: DealBook: Microsoft Announces $8.5 Billion Deal to Acquire Skype http://nyti.ms/jFj8RJ
WSJ: Microsoft to Acquire Skype http://on.wsj.com/kThQzd
MarketWatch: U.S. import prices rise 2.2% in April http://on.mktw.net/jPYxod
WSJ: Small-Business Pessimism Deepens http://on.wsj.com/jBipVQ
Yahoo! Finance: Community Health ends effort to buy rival Tenet http://yhoo.it/l1am81
CNN Money: Microsoft agrees to buy Skype for $8.5 billion, including debt, Fortune has confirmed. http://CNNMoney.com
Bloomberg:
