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Permian Resources

Permian Resources Corp is an independent oil and natural gas company focused on generating outsized returns to stakeholders through the responsible acquisition, optimization and development of oil and liquids-rich natural gas assets. The Company's assets and operations are primarily concentrated in the core of the Permian Basin, and its properties consist of large, contiguous acreage blocks located in West Texas and New Mexico.

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$1.4 Billion Ethereum Stolen In Largest Crypto Hack In History
Cryptocurrency exchange Bybit suffered a major breach on Friday which resulted in the theft of $1.4 billion Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>). The incident is considered the largest cryptocurrency hack in history, surpassing the 2021 Poly Network<a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43886224/bybit-founder-confirms-1-4-billion-ethereum-hack-blames-masked-transaction"> hack of $611 million.&nbsp;</a>
The attack, which targeted Bybit&#8217;s Ethereum cold wallet, resulted in the loss of 401,347 ETH ($1.12 billion), 90,376 stETH ($253 million), 15,000 cmETH ($44 million), and 8,000 mETH ($23 million), <a href="https://x.com/OnchainLens/status/1892964703263244377">according</a> to Onchain Lens.
Read Next: <a href="https://www.benzinga.com/general/market-summary/25/02/43884153/us-services-drop-sharply-darkening-picture-of-high-prices-uncertainty-economist-says">US Services Drop Sharply: &#8216;Darkening Picture&#8217; Of High Prices, Uncertainty, Economist Says</a>
Following the discovery of the theft, Bybit launched a recovery bounty program with a reward of up to 10% of the recovered funds to ethical cyber and network security experts who retrieve any of the stolen assets.
The potential bounty of up to $140 million is one of the largest crypto recovery efforts in history.
&#8220;Within 24 hours of the event, we were overwhelmed with support from some of the best people and organizations in the industry, and we do not take it for granted. We have shared in a dark moment of crypto history, and we&#8217;ve proven we are better than the malicious actors,&#8221; said Ben Zhou, co-founder and CEO of Bybit.
SEC Creates Cyber And Emerging Technologies Unit&nbsp;
The Securities and Exchange Commission on Thursday announced the creation of the Cyber and Emerging Technologies Unit (CETU) to focus on combatting cyber-related misconduct and to protect retail investors in the emerging technologies space.&nbsp;
The CETU, led by Laura D'Allaird, replaces the Crypto Assets and Cyber Unit and employs approximately 30 fraud specialists and attorneys.&nbsp;
"Under Laura's leadership, this new unit will complement the work of the Crypto Task Force led by Commissioner Hester Peirce. Importantly, the new unit will also allow the SEC to deploy enforcement resources judiciously," said Acting Chairman Mark T. Uyeda.&nbsp;
"The unit will not only protect investors but will also facilitate capital formation and market efficiency by clearing the way for innovation to grow. It will root out those seeking to misuse innovation to harm investors and diminish confidence in new technologies," Uyeda said.&nbsp;
The CETU listed the following as high-priority areas of focus:&nbsp;
<ul>
<li>Fraud committed with the use of artificial intelligence and machine learning</li>
<li>Fraud on social media, the dark web, or false websites </li>
<li>Takeovers of retail brokerage accounts</li>
<li>Fraud involving blockchain technology and crypto assets</li>
<li>Hacking to obtain material nonpublic information</li>
</ul>
Read Next:<a href="https://www.benzinga.com/25/02/43836832/trump-administration-orders-sweeping-pentagon-cuts-defense-sector-stocks-on-watch">&nbsp;</a>
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</ul>
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$ETH

Financial Crime Weekly: $1.4 Billion Ethereum Stolen In Largest Crypto Hack Ever, SEC Creates Cyber And Emerging Technologies Unit

Before <a href="https://www.benzinga.com/startups/24/10/41255752/jeff-bezos-says-all-overnight-success-takes-10-years-amazon-didnt-turn-a-profit-for-almost-a-decade">Jeff Bezos built Amazon</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) into a trillion-dollar empire, he had a very specific approach to dating—one that involved a lot of blind dates. His top requirement? The woman had to be resourceful. Not just in the everyday sense, but in a "could-get-him-out-of-a-Third-World-prison" kind of way.
<h2 class="wp-block-heading">The Blind Date Rule</h2>
In a <a href="https://www.wired.com/1999/03/bezos-3/">1999 interview with Wired</a>, Bezos admitted he let his friends set him up before he met MacKenzie Scott at D.E. Shaw, where he served as vice president. "The No. 1 criterion was that I wanted a woman who could get me out of a Third World prison," he said.&nbsp;
Don't Miss:
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<li>Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/1milsaved"> The percentage may shock you</a>.</li>
<li>The average 401(k) balance soars to a record-breaking high – <a href="https://www.benzinga.com/money/average-401k-balances-soars-to-record-high">Here's how to know if your nest egg is keeping pace.</a></li>
</ul>
His reasoning? "I'm not the kind of person where women say, ‘Oh, look how great he is,' a half hour after meeting me. I'm kind of goofy," he said.
Bezos also said in the interview, "What I really wanted was someone resourceful. But nobody knows what you mean when you say, &#8216;I&#8217;m <a href="https://www.benzinga.com/news/24/08/40208629/jeff-bezos-once-said-lifes-too-short-to-hang-out-with-people-who-arent-resourceful-who-are-the-peopl">looking for a resourceful woman</a>.&#8217;&nbsp;
Luckily for Bezos, he didn't need a blind date to meet MacKenzie—he just had to conduct a job interview. In 1993, she applied for a position at D.E. Shaw in New York, and Bezos was the first person to interview her. He hired her as a research associate, and her office ended up right next to his. Listening to his laugh all day, she quickly found herself drawn to him.
"My office was next door to his, and all day long I listened to that fabulous laugh," she <a href="https://www.vogue.com/article/a-novel-perspective-mackenzie-bezos">told Vogue</a> in 2013. "How could you not fall in love with that laugh?"
Trending: The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>?
The couple, who share four children —three sons and a daughter— married later that year, long before Bezos became one of the world's richest men. He joked in the same Vogue interview, "I think my wife is resourceful, smart, brainy, and hot, but I had the good fortune of having seen her résumé before I met her, so I knew exactly what her SATs were."
<h2 class="wp-block-heading">No Prenup, No Problem—For MacKenzie</h2>
Despite amassing a fortune together, Jeff and MacKenzie never signed a prenup. That made their 2019 divorce one of the most expensive in history. The settlement left MacKenzie with 25% of their Amazon stock—about $36 billion at the time, according to media reports. Instead of hoarding her wealth, she started giving it away at an unprecedented pace.
See Also: <a href="https://www.benzinga.com/money/suze-orman-retirement-bucket">&#8216;Which Bucket Do I Draw From First?&#8217; Suze Orman Explains To 67-Year-Old The Best Order For Tapping Into Her Retirement Accounts</a>
MacKenzie Scott has since donated more than $19 billion to charities, funding social justice initiatives, education, and human services. Unlike traditional philanthropists, she doesn't micromanage how the money is spent. The typical grant size? $5 million—far beyond the usual $123,000 median seen in major philanthropic studies.
Her no-strings-attached generosity has upended conventional giving, proving that even in divorce, resourcefulness isn't just a trait Bezos admired—it's something Scott has mastered on a whole different level.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/money/millionaires-never-earned-six-figures-according-to-dave-ramsey">69% of Millionaires Never Earned A Six-Figure Salary – Here Are 2 Things They Do To Get Their First $1 Million, According To Dave Ramsey</a></li>
<li>Many are using retirement income calculators to check if they&#8217;re on pace —<a href="https://www.benzinga.com/money/how-do-i-calculate-my-retirement-income-adv"> here&#8217;s a breakdown on what&#8217;s behind this formula.</a></li>
</ul>

Personal Finance

AMZN

Jeff Bezos Let His Friends Set Him Up On Blind Dates—The Top Criterion? A Woman Resourceful Enough to Break Him Out Of A 'Third-World Prison'

Billionaire investor&nbsp;Warren Buffett&nbsp;has addressed concerns regarding the record cash pile of&nbsp;Berkshire Hathaway Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>). 
What Happened: In a <a href="https://www.berkshirehathaway.com/letters/2024ltr.pdf">letter</a> to shareholders on Saturday, Buffett reassured of his commitment to owning businesses, amidst the company&#8217;s cash reserves reaching an all-time high due to a lack of major acquisitions and a sell-off of stocks.
The 94-year-old investor&#8217;s&nbsp;decision to address the cash&nbsp;pile, which stood at $334.2 billion&nbsp;at the end of last&nbsp;year, comes amid record valuations that have made US stocks less appealing and made it difficult for Buffett to find major deals.
Buffett assured shareholders that&nbsp;a substantial majority of their&nbsp;money would be deployed in equities, primarily American, many of which have significant international operations. 
"Berkshire shareholders can rest assured that we will forever deploy a substantial majority of their money in equities — mostly American equities although many of these will have international operations of significance," Buffett said. 
This statement was released alongside Berkshire&#8217;s Q4 results, which showed a $9 billion increase in the cash pile as Buffett reduced stakes in stocks, including significant&nbsp;sales of shares in Citigroup&nbsp;and Bank of America.
Also Read: <a href="https://www.benzinga.com/25/02/43900955/berkshire-hathaways-q4-profits-soar-71-warren-buffett-says-his-firm-has-paid-more-taxes-than-tech-titans-in-trillions">Berkshire Hathaway Q4 Profits Soar 71%, Buffett Says Firm Pays More Taxes Than &#8216;Tech Titans&#8217; With Market Value in &#8216;Trillions&#8217;</a>
Over the past year, the company&#8217;s cash pile has nearly doubled as it reinvested the proceeds from stock sales,&nbsp;including tens of billions of&nbsp;dollars&#8217;&nbsp;worth of shares in Apple, into Treasury bills.
"We were aided by a predictable large gain in investment income as Treasury Bill yields improved and we substantially increased our holdings of these highly liquid short-term securities," Buffett added in his letter.
"Paper money can see its value evaporate if fiscal folly prevails. In some countries, this reckless practice has become habitual, and, in our country's short history, the US has come close to the edge. Fixed-coupon bonds provide no protection against runaway currency," Buffet shared. 
Why It Matters: Buffett&#8217;s reassurance comes at a crucial time when the company&#8217;s cash reserves have reached an all-time high due to a lack of major acquisitions and a sell-off of stocks. 
The investor&#8217;s commitment to owning businesses and preference for &#8220;ownership of good businesses&#8221; over cash-equivalent assets is a strong message to shareholders about the company&#8217;s investment strategy.
Read Next
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Earnings

Buffett's Assures Berkshire Hathaway Shareholders Amid Skyrocketing Cash Reserves

These nine mid-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>Pony AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PONY#NASDAQ">PONY</a>) stock rose 58.88% after the company launched paid robotaxi services connecting Guangzhou's city center with Baiyun <a href="https://www.benzinga.com//node/43878528" target="_blank" rel="noreferrer noopener">International Airport and South Railway Station</a>.</li>
<li>Celsius Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CELH#NASDAQ">CELH</a>) stock surged 43.95% after the company reported better-than-expected Q4 financial results. The company also announced the <a href="https://www.benzinga.com//node/43868556" target="_blank" rel="noreferrer noopener">acquisition of </a><a href="https://www.benzinga.com//node/43868556" target="_blank" rel="noreferrer noopener">Alani Nutrition</a><a href="https://www.benzinga.com//node/43868556" target="_blank" rel="noreferrer noopener"> for $1.65 billion</a>.</li>
<li>WeRide Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) shares escalated 42.22%, possibly after NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)  disclosed a stake of <a href="https://www.benzinga.com//node/43739878" target="_blank" rel="noreferrer noopener">1.74 million shares in a 13F filing</a> last week.</li>
<li>Applied Digital Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) stock jumped 34.64%.</li>
<li>Solaris Energy Infrastructure, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEI#NYSE">SEI</a>) shares upped 31.87% after the company reported <a href="https://www.benzinga.com//node/43872744" target="_blank" rel="noreferrer noopener">fourth-quarter financial results</a>.</li>
<li>Vicor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VICR#NASDAQ">VICR</a>) stock upped 27.80% after the company reported better-than-<a href="https://www.benzinga.com//node/43865613" target="_blank" rel="noreferrer noopener">expected Q4 fourth-quarter financial results</a>.</li>
<li>GDS Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDS#NASDAQ">GDS</a>) share rose 24.26%, probably after China's central bank vowed to take measures to support its real estate and shore up the economy.</li>
<li>VNET Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNET#NASDAQ">VNET</a>) stock upped 24.17%.</li>
<li>The Goodyear Tire &amp; Rubber Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GT#NASDAQ">GT</a>) shares escalated 22.15%. </li>
</ol>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/25/02/43902979/alibaba-super-micro-computer-and-xpeng-are-among-top-10-large-cap-gainers-last-week-feb-17-feb-21-are-the-others-in-your-portfolio" target="_blank" rel="noreferrer noopener">Alibaba, Super Micro Computer And XPeng Are Among Top 10 Large Cap Gainers Last Week (Feb 17-Feb 21): Are The Others In Your Portfolio?</a></li>
<li><a href="https://www.benzinga.com/news/large-cap/25/02/43903210/twilio-coinbase-and-reddit-are-among-top-10-large-cap-losers-last-week-feb-17-feb-21-are-the-others-in-your-portfolio" target="_blank" rel="noreferrer noopener">Twilio, Coinbase And Reddit Are Among Top 10 Large Cap Losers Last Week (Feb 17-Feb 21): Are The Others In Your Portfolio?</a></li>
</ul>
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Mid Cap

Movers

Trading Ideas

APLD

CELH

NVDA

PONY

VICR

VNET

Pony AI, Celsius And WeRide Are Among Top 9 Mid Cap Gainers Last Week (Feb 17-Feb 21): Are The Others In Your Portfolio?

The rise of cryptocurrencies and the new administration&#8217;s friendliness <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43889897/bitcoin-strategic-reserve-with-1-million-btc-could-offset-21-trillion-national-debt">toward digital assets</a> have left advisors deeply conflicted about the asset class, a new survey by CoinShares reveals.
On the one hand, 62% of advisors say recommending Bitcoin and other cryptocurrencies goes against their fiduciary duties, and half think doing so would make colleagues think less of them. 
On the other hand, 85% of advisors say their firm&#8217;s views on digital assets have changed since President Donald Trump won re-election, and 79% agree that, with more and more clients putting money into cryptocurrencies, the role of advisors is becoming to manage the risk that poses for clients.
Squaring this circle will require more information and education about digital assets. Over 80% of surveyed advisors were willing to spend money on cryptocurrency education but wanted that information to be independent. That excludes crypto exchanges, while many &#8220;crypto-native&#8221; educational resources are difficult to access for those unfamiliar with the space.
By the way, for independent news on all things cryptocurrency and digital assets, check out <a href="https://www.benzinga.com/crypto">Benzinga&#8217;s own crypto news right here</a>.
Also Read: <a href="https://www.benzinga.com/etfs/specialty-etfs/25/02/43893016/rising-inflation-in-japan-3-etfs-to-watch-as-boj-navigates-rate-hike-expectations">Rising Inflation In Japan: 3 ETFs To Watch As BOJ Navigates Rate Hike Expectations</a>
In addition to education, new regulations seem set to improve advisors&#8217; views on digital assets. In the CoinShares survey, 88% of advisors said the SEC&#8217;s recent approval of Bitcoin and Ethereum ETFs made them more positive about cryptocurrencies, and almost two-thirds said SEC approval was in the top three factors that most determined whether they felt it was appropriate to recommend cryptocurrency investments.
The new administration&#8217;s much more crypto-friendly stance suggests the SEC will be approving more digital asset funds, and faster, giving advisors a wider variety of options to choose from when building cryptocurrency portfolios for their clients.
Given these trends and the rising demand for cryptocurrencies—particularly among younger investors whom advisors must attract to grow their businesses—advisors can get ahead by exploring digital assets now. By understanding the strengths and risks of this expanding market, they can position themselves ahead of the competition.
To see how one prominent, crypto-focused advisor handles this, check out Benzinga&#8217;s interview series with him <a href="https://www.benzinga.com/personal-finance/financial-advisors/24/12/42470479/financial-advisor-calls-stocks-dinosaur-bones-but-likes-some-etfs">here</a> and <a href="https://www.benzinga.com/personal-finance/financial-advisors/24/12/42517262/most-crypto-foward-ria-slams-bitcoin-forecasts-from-michael-saylor-others-dis">here</a>.
Read Next:
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<li><a href="https://www.benzinga.com/general/market-summary/25/02/43884153/us-services-drop-sharply-darkening-picture-of-high-prices-uncertainty-economist-says">US Services Drop Sharply: &#8216;Darkening Picture&#8217; Of High Prices, Uncertainty, Economist Says</a></li>
</ul>
Photo: Shutterstock

Financial Advisors

Advisors Remain Divided On Crypto, But SEC Approvals, Demand Are Shifting Views

These ten large-cap stocks were the worst performers in the last week. Are they in your portfolio?
<ol>
<li>Akamai Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKAM#NASDAQ">AKAM</a>) stock fell 23.01% following weak FY25 guidance. Several analysts lowered the <a href="https://www.benzinga.com/quote/sfm/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast on the stock</a>.</li>
<li>Axon Enterprise (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>) shares fell 22.79% after Craig-Hallum analyst Jeremy Hamblin downgraded the stock from Buy to Hold and <a href="https://www.benzinga.com/quote/axon/analyst-ratings" target="_blank" rel="noreferrer noopener">announced a $625 price forecast</a>.</li>
<li>Twilio Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TWLO#NYSE">TWLO</a>) shares tumbled 22.39% after the company reported mixed fourth-quarter results and analysts revised <a href="https://www.benzinga.com//node/43742521" target="_blank" rel="noreferrer noopener">forecasts on the stock</a>.</li>
<li>EPAM Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPAM#NYSE">EPAM</a>) stock declined 21.97% following its fourth-quarter and full-year 2024 earnings report <a href="https://www.benzinga.com//node/43867480" target="_blank" rel="noreferrer noopener">and disappointing 2025 guidance.</a></li>
<li>Nu Holdings Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) stock decreased 21.54% following the company's<a href="https://www.benzinga.com//node/43869101" target="_blank" rel="noreferrer noopener"> fourth-quarter financial results</a>.</li>
<li>Aurora Innovation, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUR#NASDAQ">AUR</a>) lost 21.18% as the software company's stocks fell amid overall market weakness on U.S. consumer and economic concerns.</li>
<li>Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) stock lost 21.04% last week. The stock reversed its gains following an <a href="https://www.benzinga.com//node/43883117" target="_blank" rel="noreferrer noopener">agreement in principle with SEC staff</a> to drop the case against the company.</li>
<li>DaVita Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVA#NYSE">DVA</a>) shares dipped 19.58%. Warren Buffett's investment firm, Berkshire Hathaway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>), has offloaded a 2% stake in the company, with the transaction <a href="https://www.benzinga.com//node/43874883" target="_blank" rel="noreferrer noopener">valued at around $116 million</a>.</li>
<li>Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) stock lost 19.12% as broader financial sector stocks fell amid overall market weakness on U.S. consumer and economic concerns.</li>
<li>Reddit (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) shares declined 18.81%. Piper Sandler analyst Thomas Champion maintained an Overweight rating and raised the <a href="https://www.benzinga.com/quote/rddt/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast from $210 to $220</a>.</li>
</ol>
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<li><a href="https://www.benzinga.com/news/large-cap/25/02/43902979/alibaba-super-micro-computer-and-xpeng-are-among-top-10-large-cap-gainers-last-week-feb-17-feb-21-are-the-others-in-your-portfolio" target="_blank" rel="noreferrer noopener">Alibaba, Super Micro Computer And XPeng Are Among Top 10 Large Cap Gainers Last Week (Feb 17-Feb 21): Are The Others In Your Portfolio?</a></li>
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Twilio, Coinbase And Reddit Are Among Top 10 Large Cap Losers Last Week (Feb 17-Feb 21): Are The Others In Your Portfolio?

Michael Wolff&#8216;s new book promises to reveal previously undisclosed secrets about President Donald Trump, offering a fresh perspective on his life and political career.
What Happened: Wolff&#8217;s latest book uncovers 10 previously unknown facts about Trump. The book, All or Nothing: How Trump Recaptured America, provides an in-depth look into Trump&#8217;s life, revealing aspects that were previously unknown to the public.
According to a report <a href="https://www.thedailybeast.com/the-10-trump-secrets-you-never-knew-from-michael-wolff-book/">by</a> The Daily Beast, Wolff details Trump's unconventional decision-making, campaign struggles, and even speculation about his health.
<h3 class="wp-block-heading">Trump Wanted a Fox News Woman as VP — But Elon Musk Had Other Ideas</h3>
Wolff claims that Trump initially favored a female running mate in 2024, with Fox Business host Maria Bartiromo and Fox News' Harris Faulkner among his top choices. However, Elon Musk reportedly told Trump that his backing was conditional on selecting then-Sen. JD Vance (R-Ohio) as his running mate.
<h3 class="wp-block-heading">Trump's Sweet Tooth and Alleged Ozempic Use</h3>
The book describes Trump indulging in candy as his "poison" of choice, filling up on Starbursts, Hershey's Miniatures, Laffy Taffy, and Tootsie Rolls. Meanwhile, insiders at Mar-a-Lago speculated he was using Ozempic or a similar weight-loss drug.
<h3 class="wp-block-heading">Melania's Whereabouts Remained a Mystery</h3>
Even Trump's campaign staff reportedly had no idea where Melania Trump was residing during the campaign. Wolff suggests their marriage was either uniquely successful or on the verge of collapse.
<h3 class="wp-block-heading">Trump's Mental State After Assassination Attempt</h3>
Following a failed assassination attempt in Pennsylvania, Wolff claims Trump appeared disoriented and struggled to complete sentences. He reportedly forgot names, took wrong turns, and exhibited fits of rage that seemed beyond his usual temperament.
<h3 class="wp-block-heading">Fear of Dying on Epstein's Plane</h3>
While flying to Colorado on a backup aircraft after &#8220;Trump Force One&#8221; experienced issues, turbulence led Trump to panic, allegedly exclaiming, "I'm going to die on Jeffrey Epstein's plane!"
Also Read: <a href="https://www.benzinga.com/news/25/02/43900927/mary-trump-slams-uncle-trump-and-his-corrupt-fascist-regime-are-aligned-with-the-agenda-of-vladimir-putin-and-moscow">Mary Trump Slams Uncle: &#8216;Trump and His Corrupt Fascist Regime Are Aligned With the Agenda of Vladimir Putin and Moscow&#8217;</a>
<h3 class="wp-block-heading">Golf Course Tweets and Protest Incitement</h3>
Wolff writes that aide Natalie Harp followed Trump around his Bedminster golf course with a portable printer to keep his social media activity flowing. He also alleges that Trump falsely claimed he would be arrested in the Stormy Daniels case to provoke protests.
<h3 class="wp-block-heading">Trump's Reaction to Elon Musk's Rally Behavior</h3>
During a campaign stop in Butler, Pennsylvania, Musk's erratic movements reportedly left Trump baffled. "What the f&#8212; is wrong with this guy? And why doesn't his shirt fit?" Trump allegedly said.
<h3 class="wp-block-heading">Conspiracy Theories on Biden's Debate Performance</h3>
Wolff claims Trump believed Democrats set up President Joe Biden&#8216;s disastrous performance in their one 2024 debate, believing it to have been a scheme to push Biden out of the race.
Why It Matters: This book could potentially shed new light on Trump&#8217;s time in office and his personal life, which have been the subject of intense scrutiny and speculation. 
The undisclosed secrets could provide a fresh perspective on Trump&#8217;s presidency and his business dealings, potentially influencing public opinion and sparking further debates about his legacy.
Given Wolff&#8217;s reputation as a seasoned author, the book is expected to be a comprehensive and insightful account of Trump&#8217;s life and career. 
The revelations could also have implications for future political discourse and Trump&#8217;s potential future endeavors in politics and business.
Read Next
<a href="https://www.benzinga.com/news/25/02/43769836/trump-gains-trust-of-majority-on-americans-on-immigration-and-economy">Trump Gains Trust Of Majority Of Americans On Immigration, Economy</a>
Image: Shutterstock

Entertainment

Politics

DWAC

New Michael Wolff Book Exposes Previously Undisclosed Trump Secrets

As of this month, <a href="https://www.benzinga.com/startups/25/02/43644403/elon-musk-you-cant-stop-the-advent-of-electric-cars-says-ev-success-is-as-inevitable-as-cars-replacing-horses">Elon Musk</a>, CEO of Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and SpaceX, is still the world's richest person, with a net worth of around $393.2 billion, <a href="https://www.forbes.com/profile/elon-musk">according to Forbes</a>. While that's an enormous fortune, some experts don't believe Musk will be the first to reach trillionaire status.&nbsp;
"The world's first trillionaires are going to come from somebody who masters AI and all its derivatives and applies it in ways we never thought of," Mark Cuban <a href="https://youtu.be/ekYd-s-QL7o">said at SXSW</a> back in 2017.
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<li>It&#8217;s no wonder Jeff Bezos holds over $250 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a></li>
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<h2 class="wp-block-heading">The Role of AI In Creating The First Trillionaire</h2>
Fast forward to today, and Cuban's prediction is looking more accurate than ever. AI is no longer a futuristic concept—it's part of everyday life, changing the way industries operate.&nbsp;
The AI sector is valued at $214.6 billion and is expected to soar to $1,339.1 billion by 2030, growing at a 35.7% annual rate, <a href="https://www.marketsandmarkets.com/PressReleases/artificial-intelligence.asp">according to MarketsAndMarket.com</a>.&nbsp; Nearly half (49%) of businesses already use AI in some form, and that number is only going to increase, <a href="https://www.pwc.com/us/en/tech-effect/ai-analytics/ai-predictions.html">PWC said recently</a>.&nbsp;
The potential for AI to create extreme wealth is becoming clearer. <a href="https://www.goldmansachs.com/insights/articles/generative-ai-could-raise-global-gdp-by-7-percent">Goldman Sachs has predicted reports</a> that AI could increase the global economy's GDP by 7%—or nearly $7 trillion—over the next decade. Given these numbers, Cuban's argument that AI mastery could create the first trillionaire makes a lot of sense.
Trending: ‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. <a href="https://www.benzinga.com/money/mode-mobile-2">You can invest today for just $0.26/share with a $1000 minimum.</a>
Musk, for his part, is heavily invested in AI through Tesla's Full Self-Driving software, Neuralink, and xAI. But Cuban doesn't believe Musk—or even Amazon's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Jeff Bezos—will be the first to hit a trillion dollars. Instead, he thinks it will be someone who approaches AI from a completely different angle.
"It could be someone who studied philosophy to better understand and solve complicated problems within human nature," Cuban suggested.&nbsp;
Musk's road to trillionaire status also isn't as straightforward as it might seem. His fortune is tied closely to Tesla's stock, which has seen major swings, dropping 27% since its December peak. <a href="https://www.bloomberg.com/news/articles/2025-02-10/musk-s-net-worth-falls-below-400-billion-for-first-time-in-2025">Bloomberg has reported </a>that this volatility makes it difficult for Musk to hold onto his top spot, let alone climb to $1 trillion.
Meanwhile, AI is accelerating at a breakneck pace. In 2024, venture capitalists poured over $50 billion into AI startups, CB Insights said last month.
See Also: <a href="https://www.benzinga.com/money/elon-musk-told-the-u-n-if-they-could-show-a-plan-for-ending-world-hunger-hed-donate-6-billion-i-will-sell-tesla-stock-right-now-and-do-it">Elon Musk Told The U.N. If They Could Show A Plan For Ending World Hunger He'd Donate $6 Billion – ‘I Will Sell Tesla Stock Right Now And Do It'</a>
Industry giants like Google (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), and OpenAI are leading the charge, making AI one of the most competitive and fast-moving sectors. <a href="https://www.mckinsey.com/mgi/our-research/generative-ai-and-the-future-of-work-in-america">According to McKinsey</a>, AI-driven automation could replace up to 30% of today's job functions by 2030, shifting how industries operate and creating entirely new markets.
Cuban's advice? Keep learning. He believes that staying ahead of AI developments is the best way to remain competitive in the future job market.&nbsp;
"<a href="https://www.benzinga.com/startups/24/12/42724565/dont-count-your-chickens-this-5-billion-food-startup-counts-them-daily-while-pushing-ai-to-predict-your-meals">Artificial Intelligence</a>, deep learning, machine learning—whatever you&#8217;re doing, if you don&#8217;t understand it—learn it. Because otherwise, you&#8217;re going to be a dinosaur within three years," he <a href="https://youtu.be/RtZ_H_aSTCI?list=PLavjJa4-6tbpIWvLGw-LphcRA_2coZuRx">said in an interview</a> at the Upfront Summit on Feb. 8.
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<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!</a></li>
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MSFT

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AI's $19.9 Trillion Impact Could Create The First Trillionaire—But Mark Cuban Says It Won't Be Musk Or Bezos

South&nbsp;Korea's&nbsp;Personal Information Protection Commission (PIPC) said it has halted&nbsp;<a target="_blank" href="https://www.benzinga.com/media/25/02/43763629/south-korea-joins-italy-in-halting-downloads-of-chinas-deepseek-amid-global-scrutiny-over-privacy-issues" rel="noreferrer noopener">new downloads of&nbsp;</a><a target="_blank" href="https://www.benzinga.com/media/25/02/43763629/south-korea-joins-italy-in-halting-downloads-of-chinas-deepseek-amid-global-scrutiny-over-privacy-issues" rel="noreferrer noopener">DeepSeek</a>.
A Russian court has&nbsp;imposed a fine on&nbsp;Alphabet Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)&nbsp;Google&nbsp;for hosting a&nbsp;YouTube&nbsp;video that&nbsp;provides instructions to&nbsp;<a target="_blank" href="https://www.benzinga.com/news/legal/25/02/43772605/moscow-slaps-google-with-fine-for-youtube-video-showing-russian-troops-how-to-surrender" rel="noreferrer noopener">Russian soldiers on how to surrender</a>.
Mexico reiterates its&nbsp;warning to take legal action&nbsp;against&nbsp;Google&nbsp;over <a href="https://www.benzinga.com/media/25/02/43771526/after-google-stands-firm-on-gulf-of-america-label-mexico-says-its-waiting-for-a-new-response-or-will-proceed-to-court">the naming of the</a>&nbsp;&#8220;Gulf of Mexico&#8221;&nbsp;on its&nbsp;Maps service.
Earnings Results
Bumble&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMBL#NASDAQ">BMBL</a>) reported fourth-quarter revenue of&nbsp;$261.6 million&nbsp;which beat the analyst consensus estimate of&nbsp;$260.47 million&nbsp;and&nbsp;is a&nbsp;decrease from revenue of&nbsp;$273.64 million&nbsp;from&nbsp;the same period last year.&nbsp;Total Paying Users fell&nbsp;<a target="_blank" href="https://www.benzinga.com/general/social-media/25/02/43797993/bumble-shares-drop-after-q4-report-heres-why" rel="noreferrer noopener">57,000&nbsp;from the previous quarter</a>.
Smartphones
Apple Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is reportedly considering adding advertising to&nbsp;Maps, mirroring&nbsp;Alphabet&nbsp;Inc.&#8217;s&nbsp;<a target="_blank" href="https://www.benzinga.com/25/02/43761610/top-analyst-says-apple-maps-may-introduce-ads-similar-to-its-google-counterpart-as-the-tech-giant-explores-new-revenue-stream" rel="noreferrer noopener">Google Maps&nbsp;</a><a target="_blank" href="https://www.benzinga.com/25/02/43761610/top-analyst-says-apple-maps-may-introduce-ads-similar-to-its-google-counterpart-as-the-tech-giant-explores-new-revenue-stream" rel="noreferrer noopener">model</a>.
Apple&nbsp;reportedly plans to introduce its first in-house 5G modem, manufactured by&nbsp;Taiwan Semiconductor Manufacturing Co.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>),&nbsp;in the upcoming&nbsp;iPhone SE 4&nbsp;— but early reports suggest it may not match the performance of&nbsp;Qualcomm&nbsp;Inc.&#8217;s&nbsp;<a target="_blank" href="https://www.benzinga.com/25/02/43774315/apples-iphone-se-4-to-feature-tsmc-made-in-house-5g-modembut-it-may-lag-behind-qualcomms-snapdragon-x75" rel="noreferrer noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>)&nbsp;</a><a target="_blank" href="https://www.benzinga.com/25/02/43774315/apples-iphone-se-4-to-feature-tsmc-made-in-house-5g-modembut-it-may-lag-behind-qualcomms-snapdragon-x75" rel="noreferrer noopener">Snapdragon X75</a>.
Jon Prosser&nbsp;– a well-known&nbsp;Apple&nbsp;product leak source – shared leaked renders of the&nbsp;iPhone 17 Air&nbsp;and&nbsp;iPhone 17 Pro, each&nbsp;<a target="_blank" href="https://www.benzinga.com/tech/25/02/43802471/apples-leaked-renders-show-iphone-17-air-and-pro-getting-unique-camera-islands-but-base-models-looks-may-disappoint-some" rel="noreferrer noopener">featuring unique camera island designs</a>.
Apple&nbsp;is reportedly testing a wireless reverse charging feature&nbsp;for its upcoming&nbsp;iPhone 17 Pro&nbsp;models,&nbsp;allowing&nbsp;the&nbsp;<a target="_blank" href="https://www.benzinga.com/media/25/02/43838655/iphone-17-pro-may-finally-get-wireless-reverse-charging-apple-reportedly-testing-power-sharing-with-airpods-apple-watch-and-more" rel="noreferrer noopener">smartphone to power other devices</a>.
Apple&nbsp;announced the iPhone 16E, an affordable iPhone offering that replaces<a target="_blank" href="https://www.benzinga.com/tech/25/02/43820197/apple-unveils-iphone-16e-with-a18-chip-ai-features-599-price-tag" rel="noreferrer noopener">&nbsp;the third-generation iPhone SE</a>.
In response to the tariffs imposed by the Trump administration,&nbsp;Apple&nbsp;might have to raise iPhone prices by 9%, said&nbsp;<a href="https://www.benzinga.com/markets/equities/25/02/43839627/apple-may-hike-iphone-prices-by-9-due-to-trumps-tariffs-says-bank-of-america" target="_blank" rel="noreferrer noopener">analysts at the&nbsp;</a><a href="https://www.benzinga.com/markets/equities/25/02/43839627/apple-may-hike-iphone-prices-by-9-due-to-trumps-tariffs-says-bank-of-america" target="_blank" rel="noreferrer noopener">Bank of America</a>.
Technology
Elon&nbsp;Musk&#8217;s&nbsp;X, formerly&nbsp;Twitter, is blocking links to&nbsp;Signal.me, a URL shortener used by the&nbsp;<a target="_blank" href="https://www.benzinga.com/media/25/02/43772415/elon-musks-x-blocks-links-to-signal-app-as-federal-workers-turn-to-encrypted-messaging-amid-doge-fallout-report" rel="noreferrer noopener">private messaging app&nbsp;</a><a target="_blank" href="https://www.benzinga.com/media/25/02/43772415/elon-musks-x-blocks-links-to-signal-app-as-federal-workers-turn-to-encrypted-messaging-amid-doge-fallout-report" rel="noreferrer noopener">Signal</a>.
Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/media/25/02/43771979/elon-musk-will-unleash-grok-3-tonight-tesla-integration-live-voice-mode-and-more-heres-what-to-expect" rel="noreferrer noopener">Elon Musk Will Unleash Grok 3 Tonight: Tesla Integration, Live-Voice Mode, And More —&nbsp;Here&#8217;s&nbsp;What To Expect</a>
Humane Inc.&nbsp;has&nbsp;decided to discontinue&nbsp;its AI Pin and sell its assets to&nbsp;HP Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) for $116 million. The AI Pin will cease to connect to&nbsp;Humane's&nbsp;<a target="_blank" href="https://www.benzinga.com/tech/25/02/43803887/humanes-ai-pin-dubbed-as-potential-iphone-killer-dies-this-month-as-company-sells-to-hp-for-116-million-amid-poor-sales-and-scathing-reviews" rel="noreferrer noopener">servers after 3 PM ET&nbsp;on Feb. 28</a>.
Amazon.com, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) is removing a crucial&nbsp;Kindle&nbsp;feature that allows users to download and&nbsp;<a target="_blank" href="https://www.benzinga.com/media/25/02/43805683/amazon-is-killing-a-key-kindle-feature-that-let-you-back-up-your-ebooks-heres-what-will-change-for-you" rel="noreferrer noopener">back up their purchased ebooks</a>.
Google&nbsp;has decided to remove its AI assistant,&nbsp;Gemini, from the&nbsp;<a target="_blank" href="https://www.benzinga.com/tech/25/02/43840109/google-takes-away-gemini-from-main-ios-app-users-forced-to-download-standalone-ai-chatbot" rel="noreferrer noopener">main app on&nbsp;iOS devices</a>.
NVIDIA&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) has&nbsp;introduced&nbsp;Evo 2, an advanced artificial intelligence (AI) system&nbsp;aimed at<a target="_blank" href="https://www.benzinga.com/markets/25/02/43841450/nvidias-new-ai-system-aims-to-transform-genetic-research-with-unmatched-speed-and-precision" rel="noreferrer noopener">transforming the field of&nbsp;biological research</a>.
Artificial Intelligence (AI)
Microsoft Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) CEO&nbsp;Satya Nadella&nbsp;has cautioned against the hype surrounding artificial intelligence (AI), comparing the current&nbsp;<a target="_blank" href="https://www.benzinga.com/tech/25/02/43838071/microsoft-ceo-satya-nadella-warns-of-dot-com-like-ai-bubble-pushes-for-measuring-ai-impact-with-gdp-growth-self-claiming-agi-milestone-is-just-nonsensical-benchmark-hacking" rel="noreferrer noopener">frenzy to the&nbsp;dot-com bubble</a>.
Ilya Sutskever, the co-founder and former chief scientist of&nbsp;OpenAI, is reportedly raising over $1 billion for his AI venture,&nbsp;Safe Superintelligence&nbsp;(SSI),&nbsp;<a target="_blank" href="https://www.benzinga.com/tech/25/02/43772135/ex-openai-chief-scientist-ilya-sutskevers-ai-startup-valued-at-30-billion-in-latest-funding-round-report" rel="noreferrer noopener">pushing its valuation beyond $30 billion</a>.
Mira Murati, the former CTO of OpenAI, has launched her own AI startup and has already recruited top researchers from ChatGPT-maker, Meta Platforms, Inc., <a href="https://www.benzinga.com/tech/25/02/43803027/mark-zuckerbergs-meta-and-sam-altmans-chatgpt-parent-bleed-talent-to-ex-open-ai-cto-mira-muratis-new-ai-venture" target="_blank" rel="noreferrer noopener">and </a><a href="https://www.benzinga.com/tech/25/02/43803027/mark-zuckerbergs-meta-and-sam-altmans-chatgpt-parent-bleed-talent-to-ex-open-ai-cto-mira-muratis-new-ai-venture" target="_blank" rel="noreferrer noopener">Mistral AI</a><a href="https://www.benzinga.com/tech/25/02/43803027/mark-zuckerbergs-meta-and-sam-altmans-chatgpt-parent-bleed-talent-to-ex-open-ai-cto-mira-muratis-new-ai-venture" target="_blank" rel="noreferrer noopener">, a Paris-based startup</a>.
Image: Shutterstock

AAPL

BMBL

GOOG

QCOM

Consumer Tech News (Feb 17-Feb 21): Mexico Warns Alphabet Over Naming of the "Gulf of Mexico" On Maps, Apple Launches iPhone 16E & More

Amazon founder Jeff Bezos has taken over creative control of the James Bond franchise, with his streaming service now in charge of the legendary British spy series.
What Happened: Bezos took to social media to ask for public opinion on who should be the next James Bond. British actor Henry Cavill emerged as the clear favorite. Cavill, who has starred in &#8220;Mission: Impossible — Fallout,&#8221; &#8220;The Man from U.N.C.L.E.,&#8221; and &#8220;Argylle,&#8221; outperformed other candidates such as Tom Hardy, Tom Hiddleston, Theo James, and Michael Fassbender.
Support for Cavill came from various corners, including Dogecoin creator Billy Markus and Tesla CEO Elon Musk. Bezos, however, has not yet responded to the suggestions.
Amazon&#8217;s purchase of MGM Studios for $8.5 billion allowed it to enter the Bond franchise, but until now, creative direction was still in the hands of the Broccoli family.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Who'd you pick as the next Bond? <a href="https://t.co/u7nBaRROlf">pic.twitter.com/u7nBaRROlf</a>
&mdash; Jeff Bezos (@JeffBezos) <a href="https://twitter.com/JeffBezos/status/1892590064766484622?ref_src=twsrc%5Etfw">February 20, 2025</a></blockquote>
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While Cavill&#8217;s casting is popular, there is concern among fans about how Amazon will handle the franchise. This is due to the company&#8217;s controversial handling&nbsp;of J.R.R. Tolkien's Middle Earth&nbsp;in The Rings of Power series. 
Also Read: <a href="https://www.benzinga.com/news/24/12/42380748/heres-how-jeff-bezos-three-simple-steps-made-amazon-a-giant">Here&#8217;s How Jeff Bezos&#8217; Three Simple Steps Made Amazon a Giant</a>
The Bond franchise is known for its high-budget set pieces and cinematic universe, and fans worry that Amazon may water this down with its approach.
Why It Matters: This move by Bezos marks a significant shift in the control of the James Bond franchise. The acquisition of MGM Studios by Amazon was a clear indication of the company&#8217;s intent to delve deeper into the entertainment industry. 
However, the change in creative control from the Broccoli family to Bezos could potentially alter the direction of the franchise. The public&#8217;s choice of Cavill as the next James Bond also reflects a desire for continuity in the character&#8217;s portrayal. 
However, Amazon&#8217;s controversial handling of The Rings of Power series has raised concerns about the future of the Bond franchise. This development is a key moment in the evolution of the entertainment industry, as tech giants continue to expand their influence.
Read Next
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