How Twitter is Changing the Nature of Financial News Discovery

Mark Dredze, Prabhanjan Kambadur, Gary Kazantsev, Gideon Mann, Miles Osborne

Abstract: Access to the most relevant and current information is critical to financial analysis and decision making. Historically, financial news has been discovered through company press releases, required disclosures and news articles. More recently, social media has reshaped the financial news landscape, radically changing the dynamics of news dissemination. In this paper we discuss the ways in which Twitter, a leading social media platform, has contributed to changes in this landscape. We explain why today Twitter is a valuable source of material financial information and describe opportunities and challenges in using this novel news source for financial information discovery.