Cheddar News checks in to see what to look out for Next Week on the Street as former president Donald Trump makes an appearance in federal court after being indicted. Investors will also keep an eye on the Federal Reserve meeting to see what comes out of that while earnings continue to pour in.
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Trump Highlights Partnership Investing $500 Billion in AI
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House. The initial investment is expected to be $100 billion and could reach five times that sum. While Trump has seized on similar announcements to show that his presidency is boosting the economy, there were already expectations of a massive buildout of data centers and electricity plants needed for the development of AI.
From His Basement to ESPN: How Spikeball Became a Multimillion-Dollar Company
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Steve Hogan, CEO of Florida Citrus Sports, explains how he and his team made the Pop-Tarts Bowl one of the highest rated games in college football.
Disrupting The Music Industry: Venu Holding Corporation Rings NYSE Bell
J.W. Roth, CEO of Venu Holding Corporation, discusses the company's IPO and plans to redefine live music entertainment with their fan founded, fan-owned model.
Expert Predicts What Will Happen to TikTok in 75 Days
Andrew Graham, Head of Business Development for Digital Media at CAA, reacts to changes at TikTok and reveals his predictions for the app in 75 days.
Starbucks Plans Corporate Layoffs as Part of Turnaround
Starbucks says it plans an unspecified number of layoffs as it restructures its corporate staff.
Why Businesses in Hollywood Need to Come Back for the Working Class
Variety's Clayton Davis discusses why more than just the 1% are struggling after the LA fires. Plus, how awards shows will pivot to help victims. Watch!
Returns Recommerce: Rebelstork Saved More Than 12 Million Pounds of Product from Landfills in 2024
Emily Hosie, CEO of Rebelstork, explains the concept of Returns Recommerce, plus how her company raised $18M to address the industry-wide issue of returns.
Big Business This Week: The Most Expensive Natural Disaster in History
Economic damage could hit $250 billion. Plus, the SEC vs. Musk, Jeffrey Epstein's estate just got $111 million, and Jamie Dimon is forever.
