[Overnight global news you need to know on Friday: Intel's performance outlook fell 20% after the market fell short of expectations; Google's market value evaporated by nearly $500 billion in a single day; the U.S. military reported to Trump its military options for Iran] global news 1. Intel fell more than 20% after the market closed. The company's quarterly revenue outlook was worse than analysts' expectations. Demand for personal computer processors was sluggish and lucrative data center components faced supply chain problems. 2. Amazon fell 12% after the market closed. Amazon spent more than US$77 billion on property and equipment in the third quarter, far exceeding analysts' estimates. The company is promoting the construction of data centers to meet the demand for artificial intelligence services. The huge expenditure caused Amazon's free cash outflow of US$42.4 billion. 3. SanDisk expects second-quarter revenue of 12.2 billion to 12.6 billion US dollars, with an estimate of 12.1 billion US dollars; the adjusted gross profit margin is expected to be 84.5% to 85.5%, with an estimate of 84.8%; the adjusted earnings per share is expected to be 55 to 57 US dollars, with an estimate of 52.72 US dollars. 4. According to Iranian news, US Vice President Vance sent a letter to Mohsin Rezai, Secretary of Iran’s Supreme National Security Council. Iran has received the letter but has not yet responded. 5. Brad Cooper, commander of the U.S. Central Command, reported to U.S. President Trump on military action options against Iran at the White House. U.S. Secretary of Defense Hegseth and Chairman of the U.S. Joint Chiefs of Staff Dan Kaine also participated in the meeting. 6. The preliminary vote count for the Israeli Knesset election has been completed. The right-wing ruling coalition led by Israel's current Prime Minister Netanyahu won 53 seats, and the opposition camp led by former Chief of Staff of the Defense Forces Eisenkot won 48 seats. 7. Russian President Vladimir Putin said that Russia supports any steps to restore relations with European countries. We do not want a situation like the Strait of Hormuz to occur in the Baltic Sea. 8. According to ICE Data Services, Google's five-year credit default swap (CDS) quotation once rose by 5.3 basis points to 84 basis points per year, the largest increase since September 21. 9. After reaching the computing power deal, Anthropic became SpaceX’s largest customer. Anthropic contributed 34.5% of SpaceX's revenue in the third quarter, according to people familiar with the matter. 10. European Central Bank officials are reported to be preparing to raise interest rates in December. global market 1. The three major U.S. stock indexes collectively closed down, with the Nasdaq falling 1.38%, the Dow falling 0.25%, and the S&P 500 falling 0.3%. Google fell 12%, losing $479 billion in market value. Storage, optical communications, cloud services and other sectors all fell. SanDisk and Micron Technology fell by about 5%, Marvell fell by 13%, NEBIUS fell by more than 5%, and CoreWeave fell by nearly 5%. 2. International oil prices have fallen, and a new round of diplomatic efforts in the Middle East has weakened part of the risk premium related to the possible resumption of military strikes against Iran by the United States. WTI for December delivery fell 0.8%, settling at $102 a barrel; the December Brent contract expiring on Friday fell 0.4%, settling at $114.88 a barrel; the more active January contract fell 0.8%, settling at $110.80 a barrel. 3. International precious metals fell. The spot gold price fell 1.13% to US$4,021.23 per ounce; the spot silver price fell by 3.34% to US$52.14 per ounce. 4. Livermore’s leading index of Chinese concept stocks closed down 0.45%. Among the constituent stocks, Cheung Kong Digital fell 17.21%, Century Internet fell 9.57%, Zhongyang Financial fell 8.83%, Longdian Huaxin fell 6.99%, and Open Browser fell 6.71%.