Twitter is spawning a wide array of domain specific services that pull relevant information from its API. With celebrities news and environment based Tweet sourcers all the rage, the business world isn’t far behind.
Such notable services as Stocktwits and the UK-based, recently launched Twitter Finance provide important insight into finance-related tweets as they occur. Real time monitoring of financial data provides more value, or at the very least, a different type of edge over conventional business information systems such as newspapers and blogs because they can provide rapid gauge of market sentiment.
Decision making can be favourably impacted with real-time financial tweet monitoring, with elusive insider data making it to the aforementioned data channels.
