Twitter may not yet have found a way to make money for itself but it is doing a good job of generating cash for its users, research suggests. Read more.
Twitter predicts performance of individual stocks
The information in tweets captured market movements fairly quickly and strong buy signals on Twitter are followed by abnormal returns from that stock the following day. Read more.
Just how valuable is a tweet? Some people believe that by harnessing and analyzing the flow from all tweets, they will be able to predict future stock prices. That would be valuable indeed. A graduate student at the Technische Universität München, has launched TweetTrader.net, a Website that uses tweets to size up market sentiment on particular stocks. Read more.
Wealth-management companies take note: A team in Germany has found that investors following stock-market tweets showed average returns of 15 per cent. And now this crowd knowledge can be tapped by any investor with a Twitter account. Read more.
Following Twitter is almost as good as taking dedicated analysts' advice when it comes to earning profits. Read more.
Now economists at the Technical University of Munich (TUM) have launched a website that predicts individual stock trends based on Twitter chatter. Read more.
Playing the stock market just got a little easier, thanks to economists at the Technical University of Munich (TUM) who have developed a website that predicts individual stock trends. Read more.
German economists who used machine intelligence to analyze tweets about stocks say the advice shared among Twitter members can accurately predicts what the market will do a day ahead of time. Read more.
Next to these examples, coverage included countries around the world including Germany, Switzerland, Austria, Belgium, The Netherlands, Italy, Spain, Hungary, Romania, Bulgaria, Vietnam, Argentina, Chile, and many more.