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GameStop bubble ‘likely over’ as shares plunges 60pc, ASX to rise as silver prices tank – ABC News

Australian shares are expected to rise sharply, while retail investors abandoned GameStop and their fleeting interest in silver which caused their prices to tumble….

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Australian shares are expected to rise sharply, along with global markets, while retail investors have retreated from GameStop and their fleeting interest in silver which caused their prices to tumble.
Meanwhile, Amazon says its founder Jeff Bezos will step down as CEO and become executive chairman, after the online retail giant reported a third consecutive record profit.
The transition, slated for the September quarter, will lead to Amazon’s cloud computing boss Andy Jassy being promoted as the…

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