Courtesy of Benzinga
1) Did Amazon Just Go After Google?
Amazon (NASDAQ: AMZN) is purchasing Web advertising inventory and then reselling it at a premium. This business model could lead to billions of dollars in additional revenue for Amazon, as the company has been branching out to third-party sites.
Using their vast database, Amazon can adjust their advertising based on what consumers are most interested in. Though there may be issues of privacy, analysts are projecting a possible $90 billion market-cap.
Perhaps most importantly, the move might see Amazon eating into Google’s (NASDAQ: GOOG) revenues.
In an interview with Dow Jones, Silver Wheaton’s (NYSE: SLW) CEO Randy Smallwood stated that he anticipated silver prices would be above $50 within the next two to three years.
Smallwood cited lose monetary policy on the part of global central banks as the primary catalyst for the move.
Smallwood’s Silver Wheaton and other silver miners could benefit tremendously from the move to come.
3) Four Great Twitter Accounts for Active Traders to Follow
Mark Lehman (@markflowchatter), Herb Greenberg (@herbgreenberg), Todd Sullivan (@toddsullivan), and Peter Najarian (@petenajarian) are all major traders and active twitter users.
Active traders would benefit from following these accounts closely.
When Apple unveils the new model of its iPhone later this fall, 3G models will go on sale for $50. This should allow the company to compete with other phone makers in the cheaper segment of the smart phone market.
5) LulzSec, Anonymous Are Freedom Fighters
LulzSec and Anonymous are banding together in an effort to go after major government institutions.
