All posts from Retirely
Retirely in The things you own end up owning you,

While you were tweeting yesterday about some insane personal news, a Wall Street trader made $2.4 million in less than a minute by noticing one specific tweet

From all the Altera – Intel fuss , Traders finally understanding the true value of social media. $2.4 million from one Tweet .. Now that’s a fine day trading.

“Traders need to aggregate and filter through tremendous amounts of data quickly and will rely on technology to help if it is available.”

Fortune also suggested that the trade itself was automated and was executed by a computer that had been programmed to scan Twitter for the reporter’s tweets and act on any that included key phrases like “is in talks.”