>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after Wall Street closed higher on Tuesday, resuming trading after Monday's Martin Luther King Jr. federal holiday. At the closing bell, the Dow Jones Industrial Average gained 538 points to 44-025. The S&P 500 added 52 points to 60-49. The Nasdaq rose 126 points to 19-756.
>>President Trump Announces $500 Billion Private Sector AI Infrastructure Investment
(Washington, DC) -- President Trump is announcing a private sector investment worth billions of dollars to build AI infrastructure in the U.S. Tech companies Oracle, OpenAI and SoftBank are creating a joint venture titled Stargate. SoftBank's CEO Masayoshi Son, OpenAI's Sam Altman and Oracle's Larry Ellison were all on hand at the White House for yesterday's announcement. The executives have said they'll commit 100-billion-dollars to Stargate with that number rising to 500-billion in the next for years.
>>Trump Says He's Open To Selling TikTok To Elon Musk
(Washington, DC) -- President Trump says he's okay with TikTok being sold to Elon Musk or Larry Ellison. At a Tuesday press briefing, Trump was asked if he was open to Musk purchasing the social media company. Trump said he would be on board, and he'd like Ellison, a chairman at the tech company Oracle, to buy it too. TikTok is currently in a state of limbo in the U.S. after the Supreme Court upheld a law banning it, and the app went dark for a number of hours last week. Trump has signed an executive order pushing off the ban for 75 days, but the Chinese company ByteDance still has to sell their share of the app in order for it to operate legally in the U.S.
>>Netflix Raising Subscription Prices
(Los Gatos, CA) -- Netflix subscription prices are going up. The streamer announced Tuesday the Standard plan without ads is increasing by two-dollars and 50 cents to 17-99 per month. Its ad-supported tier will go up one dollar to seven-99 a month. If you have the Premium tier, with four simultaneous streams, that's going up two bucks to 24-99 per month. The price hike comes as the company reported nearly 19-million new subscribers in the fourth quarter, ending December 31st.
>>King Soopers Strike Vote Scheduled For Next Week
(Denver, CO) -- Union employees plan to vote next week on starting a strike against Colorado-based grocery store chain King Soopers. UFCW Local Seven announced the dates for a strike vote yesterday. A three-year contract between the union and the grocery chain expired last week. The company reportedly offered a wage increase of just over four-dollars an hour over four years while increasing the cost employees will pay for health care benefits. Union members will vote on approving the strike next Wednesday and Thursday.
