Magnificent 7: NVDA reclaims top position; Tesla faces delivery slowdown

1. Nvidia (Nasdaq: NVDA)
Nvidia gained mildly by 0.48%. NVIDIA reclaimed its position as the world's most valuable company, surpassing Apple with a market cap of $3.37 trillion. The company is also set to be included in the Dow Jones Index, replacing Intel.

2. Apple (Nasdaq: AAPL)
Apple dipped mildly by -0.40%. Apple experienced a significant reduction in trading volume by 51.12% with $7.105 billion, placing fourth on November 4. The illegal streaming app "Univer Note" infiltrated the App Store. The EU investigates Apple's iPadOS compliance with regulations. Apple Intelligence launches to boost iPhone and Mac sales.

3. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -0.47%. Microsoft plans to spend nearly $10 billion renting AI servers from CoreWeave through 2030. The company launched an AI accelerator program in the UK with Nvidia and GitHub. Microsoft's Windows 11 now holds over a 35% market share on Windows desktops.

4. Amazon (Nasdaq: AMZN)
Amazon dipped mildly by -1.09%. Amazon's cloud growth remains strong, while AI investments show increasing returns. Bezos and OpenAI invest in robotics startup Physical Intelligence. Morgan Stanley maintains an overweight rating, raising Amazon's price target to $230. A U.S. regulator rejects Amazon's nuclear power agreement.

5. Alphabet (Nasdaq: GOOG)
Alphabet dipped mildly by -1.14%. Alphabet plans to introduce mandatory multi-factor authentication for Google Cloud by 2025 and has launched an AI-based security analysis tool, Big Sleep, which has successfully identified vulnerabilities in SQLite.

6. Meta (Nasdaq: META)
Meta dipped mildly by -1.14%. Meta plans to acquire a 4-5% stake in EssilorLuxottica and announced advancements in robot tactile perception technology through AI. Wells Fargo maintains an "overweight" rating with a target price of $641. Meta's third-quarter 2024 revenue was $116.16 billion, up 22.5% year-on-year.

7. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -2.47%. Tesla's October China deliveries fell 5.3% year-over-year and 22.7% month-over-month, facing strong competition from BYD and XPeng's record sales. Tesla also appointed Korean Olympic shooter Kim Je-deok as its first brand ambassador, marking a shift from its no-advertising tradition.