20/11/23 – Gap – Euro inflation – Open AI

Devon Head of Retail Greg Smith talks to Mike Hosking about what drove a massive jump in Gap’s shares after the retailer’s result. He also discusses some good news in Europe where inflation is below 3% for the first time in more than two years. AI and ChatGPT are also in the headlines again, with the sensational sacking of OpenAI co-founder Sam Altman as CEO. The question is now whether he will do “a Steve Jobs” and come back even stronger?   For more market insights and our terms and conditions, visit www.devonfunds.co.nz