Twitter  has, by most estimates, 225 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.

MarketWatch: Pfizer hires J.P. Morgan to explore business-unit sales http://on.mktw.net/qHeJfD

Zerohedge: Claims Print Above 400K For 13th Consecutive Week, At 418K, In Line With 420K Expectations http://is.gd/ZGaQPS

FT: BSkyB verdict delayed until September: Jeremy Hunt, culture secretary, has received a deluge of last-minute s… http://on.ft.com/mS0m4u

MSNBC: Private employers add solid 157,000 jobs http://on.msnbc.com/pPqheo

MarketWatch: U.S. stock futures extend gains as ADP private payrolls jump 157,000 for June http://on.mktw.net/pxZDOW

CNBC: ADP Employment report shows U.S. private sector jobs grew by 157,000 in June @CNBC

Zerohedge: ADP Employment Change Jun M/M 157K vs. Exp. 70K vs. Prev. 38K

WSJ: Luxury-Car Sales Surged in First Half http://on.wsj.com/p84tDI

NYT: European Central Bank Raises Rates http://nyti.ms/qeWs14

USA Today: European Central Bank raises main interest rate to 1.5% http://usat.ly/oBZHvT

Douglas A. McIntyre