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BELTON, TEXASA man in small-town Texas is facing life in prison for allegedly killing a police officer. But the trialwhich commenced Monday after a nearly decade-long waitis a confluence of police use of force, the war on drugs, and the right to self-defense. Its outcome will in part answer the following question: How far does a self-defense claim go when it’s exercised against the state?

At around 5:45 a.m. on May 9, 2014, a SWAT team in Killeen, Texasconsisting of about two dozen officersdescended on Marvin Guy’s modest apartment on Circle M Drive. They were there to execute a no-knock drug raid, a controversial approach that allows law enforcement to forcibly enter a residence, usually with a fabulous display of force, without first announcing themselves. An informant had reportedly told police that Guy was dealing cocaine.

The raid did not go as planned.

Officers smashed Guy’s bedroom window and attempted to breach the door with a battering ram. But something appeared to be lodged behind the door, preventing police from immediately gaining entry and leaving them clogged outside the residence. In the rapidly unfolding mayhem, Guy fired several shots outside of his broken window, allegedly hitting four officers. Police quickly fired over 40 rounds in return. One officer, Detective Charles Dinwiddie, died.

Guy was arrested and ultimately charged with one count of capital murder and three counts of attempted capital murder. But he says he believed the police to be intruders when he was awoken and disoriented early that morning. Witnesses for the prosecution yesterday described the neighborhood as one that was known for its high crime rate. Less than a week before the raid, someone broke into Guy’s neighbor’s residence across the street in similar fashion, forcing entry via a first-floor window and choking a female resident nearly to death.

A series of protracted delaysstemming from the COVID-19 pandemic, Guy’s declining health, disputes over the district attorney’s office releasing all the evidence, and a slew of defense attorneys either quitting or being firedhave lengthened Guy’s stay at the county jail, where he has been held for almost a decade on $4 million bond. For years, the state sought the death penalty, which also slowed trial preparations, as proceedings with the ultimate punishment on the table take more time. Prosecutors withdrew that last year, instead opting to pursue life in prison, to speed the process.

The case is not the first to pit self-defense against no-knock raids. The tactic has come under intense scrutiny in recent years. In 2020, Breonna Taylor was killed by police during a similar raid after her boyfriend, Kenneth Walker, grabbed a firearm he legally owned and fired one shot at police, believing them to be intruders. (Police claim they announced themselves before breaking down Walker’s door; Walker says he didn’t hear them.) Charges against him were ultimately dismissed. In 2021, a Florida man went to trial facing three counts of first-degree attempted murder of a law enforcement officer after he shot at deputies during a 2017 drug raid targeting his father. The government also charged the defendant, Andrew Coffee IV, with murdering his girlfriend, Alteria Woods, who was shot and killed by police, as prosecutors posited that Woods died as a result of Coffee’s actions. A jury acquitted him of those charges.

The topic is particularly relevant in Guy’s case, as Texas has the Castle Doctrine, a legal principle grounded in the eponymous idea that someone’s home is their castle. As such, they have no duty to retreat when they believe they’re facing a deadly threat. An exception: It does not apply when the person in question is engaged in illegal activity. The Killeen Police Department (KPD) allegedly found traces of white powder in Guy’s car, on the floor of his apartment, and in the trash, amounting to 1 gram of “suspected cocaine.” He was not charged with a drug crime.

But even if the jury decides Guy is not entitled to protection via the Castle Doctrine, they could still find he acted in self-defense. The state, however, has a radically different theory: At trial yesterday, Bell County Assistant District Attorney Fred Burns laid the groundwork for the notion that the problems cascading from the raid weren’t a result of Guy not having enough information. On the contraryit’s because he knew too much, Burns said.

That theory began to take shape during the testimony of David Daniels, a retired SWAT officer with KPD who was hit by a bullet during the raid. In this telling, Guy had barricaded the door to his apartment not because he was afraid of intruders but because he knew SWAT was coming and plotted to kill the police when they arrived. “We were ambushed,” Daniels said. It was not yet clear how the state would prove Guy’s clairvoyance about the department’s plans.

The subject of no-knock raids has been a fraught one for KPD. The city recently reached a settlement with the family of a man who was killed during a 2019 raid. In 2021, the local council voted to ban the tactic. Unfortunately, that came too late here.

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Norwegian tax authority sees 30% jump in crypto reporting

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Norwegian tax authority sees 30% jump in crypto reporting

Norwegian tax authority sees 30% jump in crypto reporting

According to Norwegian authorities, more than 73,000 people in the country reported on $4 billion in crypto holdings for the 2024 tax year.

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Technology

Nvidia CEO Jensen Huang starts a key trip to South Korea — here’s what he might be up to

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Nvidia CEO Jensen Huang starts a key trip to South Korea — here's what he might be up to

Nvidia CEO Jensen Huang delivers remarks next to U.S. President Donald Trump at an ‘Investing in America’ event in Washington, D.C., on April 30, 2025.

Leah Millis | Reuters

Nvidia CEO Jensen Huang is headed to South Korea, one of the company’s most important markets, ahead of meeting there between U.S. President Donald Trump and his Chinese counterpart Xi Jinping.

For Huang, it’s expected to be a trip that mixes business and politics with a meeting with Trump on the cards as well as execs from South Korea’s biggest firms such as Samsung and SK Group.

Market watchers will also be looking out for clues as to Nvidia’s future in China.

Here’s what might happen this week with Nvidia.

Nvidia’s key suppliers

South Korea is home to one of Nvidia’s most important suppliers: SK Hynix. The company develops so-called high-bandwith memory, or HBM, a specific type of semiconductor that goes into Nvidia’s high-end AI systems.

Among the execs that Huang is expected to meet is SK Group Chairman Chey Tae-won, Yonhap reported. SK Group is SK Hynix’s parent company.

The meeting could be a chance to discuss future HBM development. Rival Samsung also develops HBM but its product has not been certified by Nvidia for use. A discussion about the progress on Samsung’s HBM could be on the cards as Huang said Tuesday he would meet with the company.

Infrastructure and business deals

Trump meeting and China

And for Huang, it’s not just about business. Geopolitics will be a big focal point as Huang’s trip coincides with a planned meeting between Trump and Xi in South Korea.

Trump called Huang “an incredible guy” during a speech at the APEC Summit in South Korea. Separately, Trump said he will meet with the CEO on Wednesday.

This week could be crucial for providing insights on Nvidia’s future in China. The tech giant was previously banned from exporting its AI chips to China until earlier this year when the Trump administration ended the restrictions. While Nvidia is permitted to export its downgraded H20 chip to China, Beijing has reportedly pushed local companies not to purchase it. Instead, China is pushing its local firms to buy domestic Nvidia alternatives.

Trump on Wednesday signaled that Nvidia’s Blackwell AI processors could be up for discussion with Xi.The Blackwell chip is Nvidia’s most advanced product and is not currently allowed to be exported to China.

“Trump wants to do business with China and he considers almost everything is business including Nvidia,” George Chen, partner and co-chair of the digital practice at The Asia Group, told CNBC on Wednesday.

“We may see China wants some sort of guarantee that the U.S. will not add location trackers into U.S. chips to be sold to China … The U.S. may also have its own demands in return, hence Nvidia now becomes one of the bargains for the two presidents in Korea.”

Chinese regulators in July raised concerns about the security of Nvidia chips in July. The world’s second-largest economy is a lucrative market for Nvidia and being shut out has already cost the tech giant billions of dollars in lost sales. Any opening up of the China market will be positive for the chip maker.

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CNBC Daily Open: Rallies and tech ‘revolution’ — all powered by AI

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CNBC Daily Open: Rallies and tech 'revolution' — all powered by AI

OpenAI CEO Sam Altman (L) shakes hands with Microsoft Chief Technology Officer and Executive VP of Artificial Intelligence Kevin Scott during the Microsoft Build conference at the Seattle Convention Center Summit Building in Seattle, Washington, U.S., on May 21, 2024.

Jason Redmond | Afp | Getty Images

Investors can’t get enough of artificial intelligence, despite worries over the sector’s excessively high valuations.

The S&P 500, Dow Jones Industrial Average and Nasdaq Composite rose Tuesday stateside, with all three notching new intraday highs. The major averages were juiced by gains in tech. Nvidia popped nearly 5%, while Microsoft climbed roughly 2%.

Both Apple and Microsoft reached a market capitalization of over $4 trillion after their shares rose. It was the first time Apple hit that milestone, though it closed just shy of that level.

Tech companies can’t get enough of each other, either.

Nvidia announced a $1 trillion investment in Nokia, which the Finnish company said will go toward developing its AI plans. For those, like me, who remember Nokia as a company that made the most desirable and bullet-proof phones: It primarily produces cellular equipment now.

Meanwhile, with its 27% stake in OpenAI’s for-profit business, Microsoft is potentially sitting on a goldmine — provided AI finds its footing as a sustainable, revenue-generating business in the long run. OpenAI on Tuesday announced it had completed its restructuring as a nonprofit with a controlling stake in its for-profit arm.

It’s not just Microsoft. Investors who have poured money into tech could potentially gain big — as Cathie Wood of Ark Invest says, “If our expectations for AI … are correct, we are at the very beginning of a technology revolution.”

What you need to know today

And finally…

Jerome Powell, chairman of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Fall meetings at the IMF headquarters in Washington, DC, US, on Thursday, Oct. 16, 2025.

Kent Nishimura | Bloomberg | Getty Images

The Fed has a rate cut plus a bunch of other things on its plate this week. Here’s what to expect

Markets are assigning a nearly 100% probability that the Federal Open Market Committee will approve a second consecutive quarter percentage point, or 25 basis point, reduction in the federal funds rate. The overnight lending benchmark is currently targeted between 4%-4.25%.

Beyond that, policymakers are likely to debate, among other things, the future path of reductions, the challenges posed by a lack of economic data and the timetable for ending the reduction in the Fed’s asset portfolio of Treasurys and mortgage-backed securities.

— Jeff Cox

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