[Overnight global news you need to know on Friday: Nvidia’s market value surged by US$442 billion in a single day; the United States was revealed to be close to investing in Venezuelan oil fields; Trump signed an order to rename Lake Ontario “American Lake”] global news 1. The Trump administration is reportedly negotiating with Venezuela to acquire equity interests in the country’s oil fields. The deal would involve more than a dozen oil fields and could double U.S. oil reserves. 2. Trump announced that Lake Ontario will be renamed "American Lake" with immediate effect and signed the relevant executive order. 3. Canadian Prime Minister Carney said that the name Lake Ontario has a history of more than 400 years, predating the release of the United States' Declaration of Independence. Its name is Lake Ontario—then was, is, and always will be. 4. There is news that the United States refuses to resume the agreement reached with Iran in June. 5. Trump said that he had a good conversation with Russian President Vladimir Putin, and he believed that Russia "will not attack NATO territory." 6. Musk said that it is estimated that SpaceX’s revenue will reach 3.5 trillion US dollars by around 2033. 7. Anthropic is reported to have been developing a plan to allow existing shareholders to sell part of their holdings in an IPO. The company is also considering imposing a longer-than-usual lock-up period on share sales after listing. 8. SK Hynix CEO Guo Luzheng said that he did not see any significant downward signal in the memory market and expected that the memory shortage will continue until the end of 2030. 9. SK Hynix has started the construction of a US$4 billion storage center in Indiana, USA; it will start mass production of the next generation HBM4E chip at the Indiana factory in the second half of 2029. 10. Nvidia suspended some cooperation under a new financing plan. This plan provides credit support to AI cloud service providers in exchange for a portion of revenue sharing. 11. Marvell Technology’s adjusted earnings per share in the second quarter were US$0.94, compared with 0.67 cents in the same period last year, and analysts expected US$0.93. Marvel Technology expects adjusted EPS in the third quarter to be $1.05-1.15, while analysts expected $1.07. 12. Castle Securities achieved record trading revenue of US$7.3 billion in the second quarter, a figure that more than tripled from the same period last year. Net profit also increased significantly by more than 250%, reaching US$3.3 billion. 13. Canada will impose a 50% tariff on copper wire and charcoal produced in the United States to replace fish and seafood that were previously removed from the countermeasures list. 14. Rezai, secretary of Iran’s Supreme National Security Council, said that Iran has prepared a list of conditions for the United States and currently allows ships to temporarily pass through a specific channel in the middle of the Strait of Hormuz, but future passage of the strait must be subject to a memorandum of understanding signed with the United States. 15. Trump is reported to be expected to convene a meeting of U.S. refiners and fuel retailers next week to highlight the government's measures to reduce gasoline prices. 16. Boston Fed President Susan Collins said there are still signs that the Fed's current policy stance is suppressing the U.S. economy and helping to slow inflation. She previously expressed support for keeping interest rates unchanged in July. Whether she will continue to support this policy stance in the future will depend on whether there is more evidence of easing inflation. 17. Murdoch is said to be considering remerging Fox and News Corp. But Fox later said that it had not held any merger talks with News Corp. since 2022. 18. Mexico-US trade negotiations are reported to continue on a weekly basis. 19. A U.S. federal judge lifted a nationwide ban on the U.S. Postal Service’s new rules for mail-in ballots on the 26th. global market 1. International oil prices rose. October Brent crude oil rose 2.1% to close at $89.70; the more active November contract rose 1.8% to close at $88.52; October WTI rose 1.6% to close at $83.53. 2. International precious metals rose. The spot gold price rose 0.15% to US$4,601.58 per ounce; the spot silver price rose by 1.69% to US$69.25 per ounce. 3. The three major U.S. stock indexes collectively closed higher, with the Nasdaq rising 1.57%, the S&P 500 rising 0.72%, and the Dow Jones Industrial Average rising 0.2%. NVIDIA rose 8.7% and its market value increased by US$442 billion. 4. Livermore’s leading Chinese concept stock index closed down 0.24%. Among the constituent stocks, Miniso fell 5.52%, BOSS Direct fell 4.49%, Melco Crown Entertainment fell 4.44%, and Yum China fell 4.37%.