[Overnight global news you need to know on Saturday: Apple once again overtakes Nvidia to top the global company market capitalization list; Trump plans to resume attacks on Iran on the day after the mid-term elections] global news 1. Trump reportedly plans to resume attacks on Iran on the day after the midterm elections. The United States notified Gulf countries to prepare for an attack as early as November 4. 2. Blackstone informed investors that Anthropic may not receive an investment-grade rating after its IPO. 3. Apple’s stock price fell 1.2% on Friday, with its market value falling to US$5.03 trillion; Nvidia fell 4.2%, with its closing market value at US$4.93 trillion. This is the first time since the end of July that Apple has overtaken Nvidia to become the world's most valuable company. 4. Fitch adjusted France's rating outlook to negative and maintained its "A+" rating. 5. Federal Reserve official Logan said that the Federal Reserve needs to raise interest rates at least twice, by 25 basis points each time. After a 50 basis point hike, a pause in rate hikes would be reasonable to determine what further action is appropriate. 6. Federal Reserve official Musallem said that it is necessary to further tighten policy and to act as soon as possible. 7. Data show that the default protection cost of Intel's five-year bonds soared by 22.4 basis points in early trading on Friday to 127.9 basis points per year, setting records for both the single-day increase and the absolute level. Broadcom's default protection costs also hit a new high, while AMD rose to their highest since early 2019. Amazon's metric also hit a record high, rising 6.9 basis points to 94 basis points annually. 8. S&P said it lowered the outlook for Meta Platforms to negative due to significant uncertainty regarding capital expenditures and free operating cash flow. 9. The Chilean Copper Commission raised its average copper price forecast to US$6.18 per pound in 2026 and US$5.95 per pound in 2027. global market 1. The three major U.S. stock indexes collectively closed down, with the Dow Jones Index falling 1.09%, the S&P 500 Index falling 1.82%, and the Nasdaq Composite Index falling 2.86%. On the monthly front, the Dow rose 1.7% this month, the Nasdaq fell 5.3% this month, and the S&P 500 fell 0.93% this month. Chip stocks suffered heavy losses, with the Philadelphia Semiconductor Index falling 7.2% and the largest decline since June, Intel fell 28.58% and the largest single-day decline in more than 40 years, SanDisk fell more than 13%, Qualcomm fell more than 11%, and AMD fell more than 10%. 2. International oil prices rose on Friday as the market worried that the United States might resume its crackdown on Iran, adding new risks to Middle East supply. WTI crude oil for December delivery rose 2.1% to settle at $104.12 a barrel. December Brent crude oil rose 2.4% to settle at $117.64 a barrel; January Brent crude oil contract rose 2.4% to settle at $113.43 a barrel. 3. International precious metals fell sharply, with spot gold prices falling 3.59% to US$3,876.69 per ounce; spot silver prices falling by 5.85% to US$49.09 per ounce. 4. Livermore’s leading index of Chinese concept stocks closed down 2.87%. Among the constituent stocks, Zhongyang Financial fell 22.42%, ASE Investment Holdings fell 11.3%, Oupen Browser fell 11.14%, Nanmao fell 8.74%, and Huirong Technology fell 8.08%.