Market Overview

The Top 10 Financial Tweets For Friday, July 26

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There are millions of tweets written every day. Benzinga sifts through the maelstrom of information to find the ten best tweets of the day that are either informative, insightful, or just down right comical.

1. Reuters Business

Reuters Business (@ReutersBiz) tweeted an article about UBS's (NYSE: UBS) settlement with Fannie Mae (OTC: FNMA) and Freddie Mac (OTC: FMCC). UBS has agreed to pay a whopping $885 million to settle claims.

2. Benzinga

Call it a shameless plug if you will, but Benzinga (@Benzinga) tweeted out the upgrade of Tesla (NASDAQ: TSLA) to a Buy at Deutsche Bank. The firm also raised the price target from $50 to $160.

3. Bloomberg Surveillance

The iconic Bloomberg morning program Bloomberg Surveillance (@bsurveillance) hosted by the legendary Tom Keene (@tomkeene) tweeted its daily twitter question of the day. However, this one hit close to home as it brings up the issues in Detroit in the same sentence as the perils at SAC Capital.

4. David Tweed

Bloomberg TV's European Editor David Tweed (@DavidTweed) tweeted this morning the news that Greece was to receive its next bailout tranche from the eurozone. However, he showed some (sarcastic) skepticism related to the IMF's reticence to pay their share.

5. Business Insider

Business Insider (@businessinsider) tweeted an article by Matthew Boesler (@boes_), a reporter for their markets desk, highlighting the recent rush into junk bonds this week. Notably, inflows to junk bonds are bullish for stocks as junk bond prices and stocks are generally correlated.

6. Holger Zschaepitz

Senior editor of the financial and economic desk at Die Welt Holger Zschaepitz (@Schuldensuehner) made it back into the top 10 Friday following this great tweet that shows some recent selling by large macro hedge funds in European sovereign debts.

7. Walt Mossberg

Walt Mossberg (@waltmossberg) of the Wall Street Journal and AllThingsD tweeted an article from AllThingsD this morning that highlighted that Apple (NASDAQ: AAPL) may be losing market share in the smartphone market.

8. Christine Harper

Christine Harper (@cr_harper), the Chief Financial Correspondent for Bloomberg News tweeted an article that highlights the one year anniversary of European Central Bank President Mario Draghi's "whatever it takes" speech.

9. Financial Times

The Financial Times (@FT) tweeted an article this morning that highlights that congressional leaders may be leaning towards Janet Yellen as the next Fed chairwoman. Recent speculation had been for Larry Summers to be the favored candidate in the White House.

10. The Free Press

The Free Press (@freep_news) tweeted an article Friday morning about the upcoming Michigan Summer Beer Festival. Specifically, they note one local brewery (and personal favorite) is skipping the festival due to the organizers adding a political agenda to the event.

Posted-In: News Bonds Upgrades Wall Street Journal Eurozone Hedge Funds Movers & Shakers Price Target Best of Benzinga

 

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