圣克斯Lucky1688

Even a small red envelope carries a thousand pounds of warmth and affection!

How many people have floated and struggled through the industry, bumping into one obstacle after another—unable to clearly see opportunities or distinguish truth from falsehood.
How fortunate we are to have met Zero’s guiding light.
It is they who, in the early days when nobody had high hopes, quietly held their ground and devoted themselves to teaching; it is they who shared everything they had, pointing countless ordinary people in the right direction.

We should remember those who helped us, and never forget the kindness of our benefactors.
This little red envelope represents the heartfelt gratitude each consensus supporter sends from the bottom of their heart.

Those before us sowed the seeds of fire; those after us take up the relay to blaze it across the land.
Now that we have been guided, we must tightly hold onto this historic opportunity, stay steadfast in our beliefs, and pass the spark forward—together with all our fellow comrades, to witness Zero’s magnificent glory stretching to the heavens!

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You can’t even imagine it, and yet you can’t do anything wrong—this is truly a master at drawing! The way they draw is so lifelike and exquisite!

“I once said that you should get married early, otherwise all that’s left are the inferior ones—the ‘crooked melons and cracked dates.’ At the same time, Charlie Munger once said that in life you only need to get rich once. Based on my years of observation, I now have to disagree with Mr. Munger: if you don’t marry early and end up with one of those inferior partners, then you’ll need to get rich twice in your life.”

Epic-scale acquisition completed! SpaceX splashes $60 billion to acquire Cursor, aggressively betting on the code AI track

Major news! After months of speculation, a stunning deal big enough to shake the entire AI industry has finally been finalized!

According to regulatory filings, SpaceX has completed its acquisition of code AI newcomer Cursor. The deal is worth a staggering $60 billion, and it officially took effect on August 14. It has been exactly two months since the two sides publicly announced their acquisition intent.

The transaction ranks among the largest technology mergers in history, and it’s also a key move by Musk to round out his AI portfolio—an effort to catch up with OpenAI and Anthropic.

Previously, Musk’s AI entity, SpaceXAI, had a relatively weak commercialization roadmap, having gone through multiple rounds of layoffs and internal restructuring. With Cursor in hand, SpaceX will ride the momentum to enter the highly promising code generation market, ramp up R&D of advanced AI tools, and reshape the way programmers write code and debug programs.

Since Cursor first launched in 2023, it has been on a rocket-like rise, quickly becoming a hit among developer communities. Its growth rate is nothing short of a startup legend. Amid the wave of “ambient programming,” demand among developers for interactive intelligent coding tools has surged explosively—and Cursor is one of the key players at the center of this wave.

By landing this formidable ace, SpaceX has officially secured a heavyweight ace card in the generative AI arena. Going forward, the industry landscape may be set for a major shakeup.
#spacex

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On August 14, JPMorgan Chase upgraded SanDisk (SNDK) from “Neutral” to “Overweight” and set a target price of $2,250, still implying about 47% upside from Thursday’s closing price. SanDisk’s stock has gained 544% year to date.
JPMorgan analyst Harlan Sur said that as AI inference rapidly grows and drives a structural turning point in NAND demand, SanDisk is positioned to benefit in a relatively unique way. Accelerated AI application adoption has boosted storage demand and led to supply tightness.
At an investor day in New York, SanDisk disclosed that the company will adopt a new business model, including structured pricing mechanisms and large-customer prepaid agreement terms. JPMorgan said the framework is expected to improve the company’s profit margins and reduce business cyclicality. SanDisk has already signed eight related long-term agreements. Based on the contract price floor, the total contract value is approximately $94 billion, with a weighted average contract term of more than four years.
LSEG data shows that, among the 25 analysts covering SanDisk, 22 rate the stock as “Buy” or “Strong Buy,” and the other three rate it as “Hold.”

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On August 14, Bank of America’s chief investment strategist Michael Hartnett’s team released a report stating that the midterm elections in mid-2026 may become a key turning point for the U.S. stock market’s AI rally. If the Republicans hold the Senate and Texas Governor Greg Abbott successfully wins re-election, the market may view it as a signal that AI capital expenditures and data-center expansion will continue; the U.S. market—especially the AI sector—could then strengthen further, and the rally may evolve into a “bubble-like” trend in 2027. Conversely, if the Democrats win both the Senate and the Texas governorship, AI investment and risk assets would face a repricing, and the U.S. stock market could see a sharp drop of more than 10%, with the U.S. dollar and bond yields also falling. Bank of America defines the Texas governor election as a referendum around “the cost of living and AI data centers”—Texas currently has 335 data centers, with another 247 in the planning stage.

The current bull logic still has fundamental support: S&P 500 earnings growth in Q2 reached 32%, and AI capital expenditures are expected to exceed $1 trillion in 2027. The U.S. stock market is up about 14% year-to-date, and market gains in AI industry supply-chain markets such as South Korea are even higher. However, market optimism is already highly crowded. Bank of America’s “bull and bear indicator” remains in the sell-signal range; private-client equity allocation rose to 66.4%, a record high; bond allocation fell to 17%; and cash allocation is only 9.4%, the lowest on record.

Bank of America believes that an overly high positioning does not necessarily mean the bull market is immediately over, but it makes the market more sensitive to unexpected negative surprises. The bond market is the biggest potential constraint: U.S. government debt is about to exceed $40 trillion. Interest spending over the past 12 months is about $1.4 trillion, and the yield on the 30-year U.S. Treasury recently climbed to 5.126%, a 25-year high. Ending a bull market for real typically requires excessive positioning, overly optimistic earnings, and tighter policy to occur at the same time. The first two conditions are already in place; the election outcome and the interest-rate path will therefore be the key variables in determining whether the bull market can shift from strong gains to a frenzy of bubble-like exuberance.

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⚠️Only policy news interpretation; not investment advice

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