Mama's Boy? Sam Bankman-Fried, Represented By His Mother, Files For New Trial In FTX Implosion Case Sam Bankman-Fried has renewed his effort to overturn his FTX fraud conviction, filing a request for a new trial in federal court through a motion submitted by his mother in New York, according to Coindesk and Yahoo News . The former crypto exchange chief, now serving a 25-year prison sentence, argues that recently uncovered evidence and missing testimony from earlier proceedings justify reopening his case. The filing points in part to the absence of former FTX executive Ryan Salame, who later faced his own criminal charges. Salame had previously said he believed his cooperation with prosecutors would protect his wife, Michelle Bond, who was later charged over alleged illegal campaign donations. The 35-page request was submitted as a “pro se” motion, meaning Bankman-Fried is currently acting as his own attorney. At the same time, he has launched a renewed public campaign on X, using posts to support his push for a retrial. In those messages, he portrays himself as a victim of politically driven “lawfare,” accusing prosecutors and judges of bias and retaliation against FTX executives. Independent reviews, however, have found that several of his claims conflict with court records. Among them, Bankman-Fried has suggested that both he and former President Donald Trump were placed under comparable gag orders. Court documents show the situations were different: Trump’s restrictions stemmed from separate cases, while Bankman-Fried’s order followed repeated violations of pretrial conditions. He has also revived his long-standing argument that FTX “was always solvent” and that customer funds were never stolen. That position was rejected at trial, where jurors concluded that client assets were misused and misrepresented. Federal courts have since ruled that later asset recoveries do not prove the company was solvent at the time of the misconduct. In another claim, Bankman-Fried ...

Key Points Cleveland, Ohio is ranked as one of the least expensive cities in the country. The cost of living in Cleveland comes in 17% lower than the national average. With a long list of activities to choose from, Cleveland is an easy place to make new friends. The $23,760 Social Security bonus most retirees completely overlook › If you're planning for retirement and are curious about the best places in which to retire in the U.S., you may want to put Cleveland, Ohio on your list. If your only knowledge of Cleveland comes from watching The Drew Carey Show, it may be tough to imagine what a charming gem this city along Lake Erie is. In fact, Cleveland is so attractive for retirees that it's been included in the Motley Fool's "50 Best Places to Retire in the U.S. in 2026, Ranked by What Retirees Value Most." Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Cost of living Impressively, the cost of living in Cleveland is 17% lower than the U.S. average. Best Places gave it an overall affordability score of 83 out of 100. That's quite an accomplishment, considering Best Places factored in the total cost of housing, food, child care, transportation, healthcare, taxes, and other necessities. It also helps explain why Cleveland is a good place for relocating retirees to stretch their money a bit further. Things to do Cleveland is a city that's 100% alive, seven days a week. It's also a great place for a retiree to do as little or as much as they would like. Here's a very small sample of what Cleveland has to offer: The Rock and Roll Hall of Fame Neighborhood food tours Cuyahoga Valley National Park The West Side Market (a bustling indoor market rich with history) Cleveland Metroparks Zoo Playhouse Square Cleveland Museum of Natural History Boating and other water sports Volunteer opportunities (volunteeri...

Is this an opportunity for investors? Amazon (AMZN 1.17%) demonstrated strong growth in the 2025 fourth quarter, as reported last week. Sales increased 12% year over year, beating analyst estimates, although earnings per share (EPS) of $1.95 missed expectations of $1.97. However, the big talk after the report was management's announcement that it plans to spend $200 billion in capital expenditures in 2026. The market is starting to become wary of all of the artificial intelligence (AI) spending, impatient for results. But management is envisioning the long runway, and it's setting itself up for success. Here's what it said, and why these investments could seriously pay off down the line. Amazon's AI platform There was a lot of positive news about how Amazon's AI platform is growing. Amazon Web Services (AWS), which is the company's cloud business and the largest of its kind by far, is enjoying accelerating growth, with a 24% year-over-year sales increase in the fourth quarter. That was its highest growth in 13 quarters. That's more impressive than it looks, since 13 quarters ago it was building on $21 billion, while now it's building on $36 billion. That implies a huge amount of more business in dollar terms. Amazon is doing what Amazon does best, which is develop a product at a great price point to meet high demand. It already has a huge AI business with many exclusive products like its Bedrock platform, which developers can use to work with a large range of preset large-language models (LLM), and it offers the most powerful AI chips for its clients. But its clients are asking for well-priced AI training chips as ongoing training becomes expensive, and Amazon continues to roll out more powerful versions of its own Trainium chips, which it says are 30% to 40% more cost-effective than similar graphics processing units (GPU). Trainium2 has more than 100,000 users, and Trainium3, which is 40% more cost-effective than the previous model, was just launched. As of the ear...

Meta begins construction of $10 billion Indiana data center to boost AI capabilities Reuters

Feb 11 (Reuters) - Meta said on Wednesday that it was breaking ground on a $10 billion data center in Indiana, as it races to secure the massive amounts of computing power needed to support its

格隆汇2月12日｜英国国防大臣：英国将向PURL倡议投入1.5亿英镑，用于向乌克兰提供美国武器。

The rally that has sent the Mexican peso to the highest in almost two years hit a bump on Wednesday as US President Donald Trump was said to be musing an exit from the North American trade pact. The currency erased gains early on Wednesday after people familiar said Trump has asked aides why he shouldn’t withdraw from the trade agreement with Mexico and Canada, which he signed during his first term. He has stopped short of flatly signaling that he will do so, the people said, speaking on condition of anonymity to describe internal discussions. Read more: Trump Privately Weighs Quitting USMCA Trade Pact He Signed The move is the first sign of the volatility that may hit the currency once the deal comes up for renegotiation later this year. The peso has proved remarkably resilient to the trade tensions sweeping the world under Trump. The currency is the second-best performing in emerging markets since the so-called Liberation Day on April 2, when Trump unveiled a series of tariffs, lagging only the South African rand. That’s in part due to Sheinbaum’s skill at negotiating with her US counterpart. “If there is truth to that and it’s not just negotiating tactics, the Mexican peso could be restrained going forward,” said Brendan McKenna , an emerging market economist and currency strategist at Wells Fargo. “Quitting USMCA would be a big hit for the peso.” Even reassuring comments from Trump’s Mexican counterpart, Claudia Sheinbaum , that the trade deal is important to both the US and Mexico and that the US is unlikely to leave failed to fully reverse the move in the peso. It was trading little changed as of 1:00 p.m. in New York, lagging most Latin American peers. Read More: Investors Bet Sheinbaum Can Shield Mexican Peso From Trump The Mexican currency has also been boosted by increased appetite for emerging-market assets, with investors searching for yield and the dollar wavering under Trump’s back and forth on policy. USMCA talks, which are set to resume this summer, ...

格隆汇2月12日｜美国10年期国债收益率在国债拍卖后走高，最新报4.168%，上涨2.3个基点。

格隆汇2月12日｜Meta Platforms(META.O)：推出“Dear Algo”，这是一项由人工智能驱动的功能，允许用户告知 Threads平台自己希望在一段时间内看到更多或更少特定主题的内容。

格隆汇2月12日｜Meta Platforms(META.O)：“Dear Algo”现已在美国、新西兰、澳大利亚和英国上线。

US colleges received more than $5.2 billion in gifts and contracts from foreign sources in 2025, with more than half of those dollars going to just four schools: Carnegie Mellon University , Massachusetts Institute of Technology , Stanford University and Harvard University . The Education Department released the data Wednesday, touting a new website it says is aimed at bringing more transparency to foreign funding at US colleges as the Trump administration continues a broad-based campaign to reshape higher education. Education Secretary Linda McMahon said the disclosures offer visibility into possible national security concerns. “This transparency is essential not only to preserving the integrity of academic research but also to ensure the security and resilience of our nation,” McMahon said in a press release . Even in President Donald Trump ’s first term, the issue was a focus: His administration investigated colleges for potentially failing to report gifts. Much of that scrutiny was aimed at China, amid the race for technology dominance and concerns about safeguarding intellectual property. Read More: Harvard Leads US Colleges That Received $1 Billion From China The data for 2025 show that entities in Qatar were the largest foreign source of funds to US universities, with more than $1.1 billion reported. Other major sources of gifts and contracts to US universities include the United Kingdom, with more than $633 million; China, with more than $528 million; Switzerland, with more than $451 million; and Japan, with over $374 million. Qatar hosts branches of six US universities, including Carnegie Mellon, one of the top recipients of funding. Carnegie Mellon recently extended its Qatar contracts by a decade. MIT received about as much as Carnegie Mellon, with 2025 disclosures showing each school reported almost $1 billion. Other major recipients include Stanford, with more than $775 million, and Harvard, with over $324 million. None of those schools had an immediate...

当地时间2月11日，美国国会预算办公室发布《2026年至2036年预算与经济展望》执行摘要。报告显示，在现行税收和支出法律基本不变的假设下， 2026财年美国联邦预算赤字预计为1.9万亿美元 ，占国内生产总值（GDP）的5.8%；到2036年，赤字将扩大至3.1万亿美元，占GDP的6.7% 债务方面，公众持有的联邦债务2026年占GDP比重为101%，到2036年将升至120%，超过1946年创下的106%历史高位。 经济展望部分显示，2026年实际GDP增长率为2.2%，随后在2027年至2036年间平均放缓至1.8%。（央视记者 许弢） ©2026中央广播电视总台版权所有。未经许可，请勿转载使用。 责任编辑：李桐

Prediction: 2 growth stocks that will soar past Palantir Technologies in the next 5 years MSN

This article first appeared on GuruFocus. Microsoft (NASDAQ:MSFT) shares edged up about 1% percent on early Wednesday after the software maker expanded its sovereign cloud partnership with French IT services group Capgemini (CGEMY). The companies plan to strengthen Microsoft's managed sovereign cloud offerings. A sovereign cloud keeps data within national or regional borders. It is designed for regulated sectors such as government, healthcare and financial services. Under the collaboration, Capgemini will help enhance architecture and governance features. The partners will integrate artificial intelligence tools to support compliance, risk controls and data protection in sensitive environments. They also aim to develop ready-made resilience frameworks to help clients respond to cyberattacks and geopolitical disruptions. The agreement builds on a partnership spanning more than 20 years. In 2024, Capgemini and Orange (ORANY) launched Bleu, a cloud platform for French public-sector and essential service operators using Microsoft technology. The move comes as major cloud providers expand sovereign cloud services in Europe amid rising data security and regulatory concerns. Amazon (NASDAQ:AMZN) recently introduced a sovereign cloud initiative in Germany, underscoring growing competition in the market.

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Source: Bloomberg, 5:56

格隆汇2月12日｜Meta Platforms(META.O)：在印第安纳州黎巴嫩市破土动工建设一座新的1吉瓦数据中心项目。该设施代表在数据中心基础设施和周边社区投资超过100亿美元。该设施将支持4000多个建筑岗位和300个运营岗位。

格隆汇2月12日｜乌克兰总统泽连斯基：欧洲和美国应与俄罗斯在联合谈判轨道上合作。

扎克伯格旗下Meta Platforms Inc.宣布，将投入超过100亿美元，在美国印第安纳州黎巴嫩市（Lebanon）建设数据中心园区。这标志着该公司迄今为止规模最大的人工智能（AI）基础设施投资之一。 该中心占地400万平方英尺，预计于2027年底或2028 初投入运营，其电力容量将达到1吉瓦（1 GW），用以支持其AI项目及核心社交媒体业务。 项目建设高峰期将支持4,000多名建筑工人，并创造300个长期就业岗位，Meta还将投入1.2亿美元用于改善当地基础设施。 风险提示及免责条款 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何意见、观点或结论是否符合其特定状况。据此投资，责任自负。

Source: Bloomberg, 43:53

Check Out What Whales Are Doing With ALAB Benzinga

Astera Labs Q4 Earnings Beat Estimates, Revenues Rise Y/Y, Shares Fall The Globe and Mail

This article first appeared on GuruFocus. ByteDance is going big to win attention in China's AI race. To boost engagement with its Doubao chatbot during Lunar New Year, the company is offering everything from robot dogs and drones to short-term access to premium electric vehicles. According to the South China Morning Post, ByteDance plans to give away more than 100,000 tech prizes through in-app lucky draws, along with red packets worth up to 8,888 yuan, roughly $1,284. The goal is simple: get more users to sign up, stay active, and choose Doubao over rivals like Alibaba Group (NYSE:BABA) and Tencent (TCEHY). The prizes include Unitree robot dogs and DJI drones, plus usage rights for EVs such as the Audi E5 and Mercedes-Benz CLA that integrate Doubao's AI assistant. Winners don't get full ownership, which keeps ByteDance private and unlisted with no public ticker while managing promotional costs and still generating major buzz.

mirsad sarajlic/iStock via Getty Images Investment Thesis In my view, what’s happening in Brazil right now is not just another short-lived rally following a weak period. It looks much more like the rare alignment of three macroeconomic forces that don’t usually move in sync, and when they do, Brazilian assets have historically responded in a disproportionately strong way. The first factor is the interest rate cycle. The Selic (Brazil’s benchmark interest rate) is currently running at 15% per year, which, to me, is a high level for a modern Brazilian economy (and for any economically healthy country, for that matter). More importantly, once the market understood that the hiking cycle had ended, positioning began to shift. History shows that the Brazilian stock market tends to perform very well during rate-cutting cycles, and, more importantly, it usually starts moving before the first actual cut takes place. That is exactly what we saw in the 2023–2024 cycle, when a meaningful portion of the rally occurred during the anticipation phase. To me, that is not a sign that “it has already gone too far,” but rather that the market is positioning ahead of a structural move. The second factor is the structural weakening of the dollar. The DXY has already posted a relevant decline, but when we look at the broader scenario (U.S. debt above $38 trillion, recurring deficits, political pressure on the Fed, central banks buying gold, and reducing exposure to Treasuries), it becomes clear that a regime change is taking place. Historically, a weaker dollar means a greater appetite for emerging markets. And Brazil is one of the first to feel this flow when it begins. The third factor is the possible return of a commodities supercycle. Gold, silver, copper, lithium, and platinum—several strategic commodities have already posted expressive moves. At the same time, we are seeing reindustrialization in the United States, disputes over rare earths, and demand growth driven by artificial in...

Meta (META) on Wednesday said it is breaking ground on its latest data center as part of its massive AI infrastructure build-out. The more than $10 billion data center will be located in Lebanon, Ind., and have a capacity of upwards of 1 gigawatt. That's enough energy to power several hundred thousand homes. According to Meta, the data center will handle both Meta's AI workloads as well as its core products and represents one of its largest infrastructure projects to date. During its Q4 earnings announcement, Meta said it plans to spend as much as $135 billion throughout 2026 as part of its AI expansion plans. The company spent $72.2 billion in 2025. The social media giant isn't the only tech company sending big on AI this year. Advertising rival Google (GOOG, GOOGL) said it plans to spend $180 billion in 2026 during its own earnings report, while Amazon (AMZN) said it anticipates spending $200 billion. The massive spending news spooked Google and Amazon investors and lifted shares of Meta more than 10% at the time, though they've since come back down to Earth. The broader data center explosion is facing increasing criticism from residents in and around communities where they're being built, with complaints ranging from increasing utility costs to the irritating sounds of cooling systems. To that end, Meta says it will pay the full cost of the energy the data center uses, provide $1 million each year for 20 years to the Boone REMC Community Fund to assist with energy bills, and fund emergency water utility assistance. The data center will also use a closed-loop water system that Meta says will use no water "a majority of the year." The company further says it will invest more than $120 million in water infrastructure for Lebanon, as well as make upgrades to roads, transmission lines, and area utilities. Meta isn't the only company looking to make concessions to win over local communities. Last month, Microsoft president Brad Smith announced that the Windows develope...

Deals have been admittedly pretty dry since the holidays, but now that February is in full swing, we’re starting to see strong discounts return across a range of categories. In fact, thanks to Valentine’s Day, the Super Bowl, and — as of this week — Presidents Day, retailers are once again offering a slew of notable tech deals, making now a great time to shop if you’ve been holding off on making a larger purchase. Although the Super Bowl has technically come and gone, plenty of game-day discounts are still around. A few have been rebranded for Presidents Day — including the discounts we recently saw on Sonos soundbars and speakers — but others are part of a new wave of limited-time deals, letting you save on OLED TVs , wireless earbuds , iPads , and other gadgets through the end of Monday, February 16th. Below, we’ve rounded up the best Presidents Day deals we’ve seen so far. As in previous years, we’ll continue updating this list with new picks as we approach the long weekend and ensuing holiday. Headphone and earbud deals Shokz OpenFit Air The OpenFit Air feature a lightweight, open-ear design that allows you to remain aware of your surroundings. They’re well-suited for everyday use and the gym thanks to their IP55 water resistance rating, and feature relatively clear sound and a decent amount of bass despite their open build. Read our review . Where to Buy: $119.95 $79.95 at Amazon $119.95 $79.99 at Best Buy $119.95 $79.99 at Target You can currently buy the Shokz OpenFit 2 Plus at Best Buy for $149.99 ($50 off), which is just $10 more than their all-time low. The open-style earbuds boast wireless charging and support for Dolby Audio, but are otherwise nearly identical to the Shokz OpenFit 2 , with one dedicated bass speaker and another for mids and highs. They don’t sound as clear as the OpenRun Pro 2, but they do sound better than the OpenFit Air and offer helpful onboard touch controls. The latest pair of AirPods Max are on sale at Amazon , Best Buy , and Walm...