As more farmers tweet about everything from crops to weather conditions, commodities traders are picking up market-moving information in an instant.
Last fall, Indiana University informatics professor Johan Bollen stumbled upon an astonishing connection: That the social network Twitter could predict swings in the Dow Jones Industrial Average with 87 percent accuracy.
Kate Kelly goes one-on-one with the two key players behind an ambitious new UK hedge fund launching in early April, which is promising its investors outsized returns using millions of random tweets to predict changes in the stock market.
As a London hedge fund prepares to start making investment decisions based on tweets, we want to know if you would invest in a fund that uses such a strategy.
Digging into company’s dirty laundry was a job once left primarily to news media and a handful of muckrakers. But now, sites like Twitter, the stock-information network StockTwits, and other online bulletin boards are becoming virtual newsrooms where valuable information about earnings and corporate events are increasingly likely to break first.
Millions of people use Twitter to follow their friends, read the news and share information. A new hedge fund will soon use tweets to make investing decisions. Would you use Twitter for investment advice? Share your opinion.
CNBC spoke to farmers and traders taking part in this real-time dialogue to understand how this information is used, how bigger profits are made and how farming is going high-tech.
The debate over super-injunctions has taken a new turn with a Twitter user listing celebrities who have allegedly taken out the gagging orders.
Twitter is not in a hurry to go public, CEO Dick Costolo tells the Wired Business Conference.
From providing better customer service to building stronger consumer connections, the top "tweeting" companies have improved public relations and enhanced their operations.
Starting in February, a group of very bold hedge fund managers are launching a multi-million dollar hedge fund whose strategy relies on one very unusual market indicator: your Twitter account.
Derwent originally planned a February launch date for its Absolute Return Fund, which will base its holdings and strategy on data mined from Twitter, but says he is now targeting a more realistic April 1 timetable.
I may be CBNC’s resident skeptic, but…. I was on a panel the other night at the New York Stock Exchange sponsored by StockTwits, a community for investors and traders launched on the Twitter platform.
Please! As if anybody knows what the company really is worth or, more importantly, ultimately will be worth based on future revenues.
Twitter CEO Dick Costolo acknowledged in a tweet to CNBC that his company has an enormous amount of work to do.