Overview of important overnight developments on July 2

21:00 (UTC+8) - 7:00 (UTC+8) Keywords: "Terafab", Venice AI, Meta, Waller1. Governor of the Bank of England: No consideration of interest rate cuts at present;2. Elon Musk advances the "Terafab" semiconductor project within Tesla;3. Waller says the Federal Reserve will chart a new course and reiterates no forward guidance will be provided;4. Waller: Do not expect the Federal Reserve to hint at the future direction of interest rates;5. Federal Reserve Chair Waller: Whether AI is inflationary should be determined by central banks;6. Meta is reportedly building a cloud business and will sell surplus AI computing resources to external clients;7. Venice AI completes $65 million Series A funding at a $1 billion valuation, led by Dragonfly.