Mornings on 2: Luxury Mergers, OpenAI's 'Code Red,' and Holiday Shoppers Buy Now, Pay Later

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Mornings on 2: Luxury Mergers, OpenAI's 'Code Red,' and Holiday Shoppers Buy Now, Pay Later

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Pam Cook has your Dollars & Sense: Prada finalizes the $1.4 billion purchase of fashion rival Versace, a deal expected to re-energize the 47-year-old brand U.S. stocks rally, fueled by tech, but pull back with the Dow and Nasdaq settling for minor gains Apple Music rolls out a new "Replay" feature to directly compete with Spotify's "Wrapped" annual recap Early holiday shopping figures show a record number of Black Friday shoppers are using short-term, "buy now, pay later" financing OpenAI's CEO Sam Altman issues a "code red," urging staff to improve the speed and reliability of ChatGPT amid fierce competition SoftBank's founder expresses regret over selling its $6 billion stake in Nvidia, as the chipmaker's focus on AI servers drives demand Soaring demand for specialized memory chips is expected to cause a 5-10% price hike for new gadgets like laptops and tablets. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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