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Showing posts with label Twitter. Show all posts
Showing posts with label Twitter. Show all posts

Twitter Can Help Predict Stock Market Movements: Study

Twitter Logo
Twitter is more than just a platform to air your views on various issues and events. It can also give you a fairly good idea of the stock market movements, says a new study.
The latest study by the European Central Bank (ECB) endorses previous findings that said as much.
The researchers crunched over 310,000 tweets between 2010 and 2012 containing the words "bullish" or "bearish" - as these are generally used in relation to what investors think about future market movements, London-based business paper CityA.M. reported.
They said Twitter could be a better predictive tool for stock market movements than search engine Google, as well as some surveys.
"Twitter bullishness has a statistically and economically significant predictive value in respect of share prices in the United States, the United Kingdom and Canada," the study said.
In other words, what people are saying on Twitter can tell you whether stocks are going up or down that day. The study pointed out though that while Twitter is a pretty good barometer, it only works in the short term.
"We further observe that high Twitter bullishness indicates an increase in daily returns on the following day, with there being a return to normal levels within the next two to five days," the researchers said.
Also, Twitter's predictive powers become noticeable in "extreme market conditions" such as the global financial crisis which ripped through markets around eight years ago.
The ECB admits it's a pretty blunt tool to measure such a slippery concept as "investor sentiment" - the gut feeling people are getting about companies and markets that can move prices. But it turns out that Twitter is a better indicator than flipping a coin.

Twitter to Celebrate User Birthdays With Ads and Balloons

Twitter Birthday Post
If it is your birthday, Twitter will not only make sure that you get happy birthday messages but also animated balloons in your Twitter handle.The micro-blogging site has introduced an option to set your date of birth in its settings menu that will appear on your profile page.
"Starting today (July 6), you will be able to show your birthday on your Twitter profile," a Twitter blog post read.
To add your birth date to your Twitter profile, choose the "Edit profile" option on Twitter.com.
Your birth date will be a completely optional part of your profile and you will have full control over who can see it.
"The visibility setting for your birth year is separate from the setting for your birth month and day, giving you the flexibility to share as much (or as little) as you want," the post continued.
By filling out your date of birth, you will get a screen full of balloons and more timely congratulatory tweets.
According to The Verge, the move will help Twitter work out which ads it thinks you want to see.

Twitter Birthday Wish Tweet
"No matter the privacy level you set, Twitter will use the information for marketing purposes: a note in its support database confirms that the social network will use your birthday "to show you more relevant content, including ads," it reported.

Twitter To Remove the 140 Character Limit From Direct Messages Starting Next Month


Twitter, as we all know, places a 140-character limit on all tweets. The same limit also applies to Direct Messages (DMs). However, that was until now, as the company has announced that it’s removing the 140-character limit in DMs starting next month.
Twitter To Remove the 140 Character Limit From Direct Messages Starting Next


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