“White-Haired Stock Guru” Serenity: There are “10x” opportunities in South Korean AI supply chain small-cap stocks, and positions have already been bought

Odaily News: “White-Haired Stock Guru” Serenity posted on X platform, stating that they have recently bought shares in several small South Korean companies, involving manufacturers that supply memory, testing equipment, machines, and other products to Micron (MU), SK Hynix (SKHY), Samsung, and American companies. Serenity said that among companies with market capitalizations between $30 million and $250 million, one can find some optical component, CPU, memory, and related companies that are driven by AI demand and are at business inflection points, but due to higher risk and volatility, they will not publicly disclose the specific company names.Serenity stated that personally, if one or two of these companies can achieve a “10x” opportunity by growing their market capitalization from $40 million to $400 million, the trade-off between potential returns and risk becomes attractive.

Odaily News: The U.S. Treasury Department said it will buy back up to $6 billion in longer-term government bonds on Thursday, the first such operation since Treasury Secretary Bessent expanded the buyback program, aimed at curbing the recent rise in borrowing costs. The maximum size of this buyback is three times the $2 billion originally announced to investors in early August. That original plan was canceled in a surprise announcement on August 19, when the Treasury said it would "at least double" the size of such operations. Following the announcement, 20-year to 30-year U.S. Treasury bonds, the targets of Thursday's buyback, extended their declines, with the 30-year Treasury yield briefly rising to 5.38% intraday, close to the roughly 5.40% high earlier this month and the highest level since 2007.Facing criticism that the move amounts to market intervention and cannot address fundamental fiscal challenges, Bessent defended the expansion of Treasury buybacks, saying he took action because he believed market prices were "deviating" from equilibrium levels. The Institute of International Finance (IIF) warned on Wednesday that attempting to use "financial engineering" cannot resolve underlying debt dynamics, and that interventions such as purchasing securities in the secondary market "may bring temporary relief, but cannot address the structural factors driving debt growth."

Odaily News: Musk shared a long-form article on X by DreamWorks co-founder Jeffrey Katzenberg regarding AI and the creative industry. Katzenberg stated that AI is significantly reducing the time and cost of animation production, but current AI is still primarily good at reasoning, evaluation, and optimization, and there remains a gap between it and true creativity, which relies on human taste, intuition, empathy, and expressive intent. He believes that AI will not disappear, and Hollywood needs to accept this reality, while AI developers should collaborate with creators, using their works and ideas on the basis of obtaining authorization, giving credit, and providing reasonable compensation. Katzenberg also predicted that as AI lowers production barriers and costs, more films and new forms of storytelling will emerge in the future.

Odaily reports that Bonk Guy posted on their personal channel stating that USELESS has hit a new all-time high in the number of holding addresses, and noted that the token has consistently exhibited a cyclical pattern over the past few months of "outperforming the market—sharp correction—consolidation—new highs." They pointed out that USELESS's market cap has risen from a low of approximately $28 million several months ago to around $318 million, with short-, medium-, and long-term cycles all showing a pattern of successively higher highs and higher lows, and argued that this trend differs from the characteristics of a topping Meme coin.

Odaily News: A senior Iranian official stated that Tehran is reviewing the U.S. response to our proposal to end hostilities. During indirect talks with the United States on Tuesday, the two sides discussed the reopening of the Strait of Hormuz and the lifting of the U.S. blockade. Iran's key priorities are a permanent end to hostilities and the lifting of the U.S. naval blockade. Many differences remain between Iran and the United States, but diplomacy continues. (Reuters)

Odaily News: Tesla CEO Elon Musk stated that he is optimistic about "biological enhancement" over the next decade, and that Neuralink, the company he co-founded, is attempting to break through the bottleneck of human information transmission bandwidth.Musk noted that even if AI is sufficiently friendly and willing to serve humanity, the speed of information transfer between humans and machines remains too slow. The peak human bandwidth is only about 100 bits per second; our output speed is extremely low. Computers, meanwhile, communicate with each other at trillions of bits per second. Any technology that can increase the speed of human communication will improve alignment between humans and machines. Otherwise, for an AI communicating at trillions of bits per second, talking to a human would be like a human talking to a tree. (CCTV Finance)