Magnificient 7: Tesla gained 4.18%, to showcase Cybertruck and Optimus robot in 2024

1. Tesla (Nasdaq: TSLA)
Tesla gained solidly by 4.18%. Tesla will showcase the Cybertruck and start limited production of the Optimus humanoid robot in 2024. Tesla hinted to regulators that its autonomous vehicles may feature rotating seats. Model Y's six-seater variant has garnered significant market interest. Tesla's labelers experience monotony and surveillance at work.

2. Meta (Nasdaq: META)
Meta gained mildly by 0.19%. Meta's Llama AI model family surpasses 3.5 billion global downloads, with the 3.1-405B model being the most popular. Meta disclosed 17 insider transactions on September 3, 2024, including Zuckerberg selling 1,592 shares. Meta's Quest 3S VR headset has been certified by the FCC.

3. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -0.13%. Microsoft's $6.13 billion transaction volume ranked 4th in US stocks on September 4. The UK approved Microsoft's investment in Inflection AI, stating it doesn't harm market competition. Microsoft will release the Surface Pro 10 5G on September 26 and hold a Copilot event on September 16.

4. Alphabet (Nasdaq: GOOG)
Alphabet dipped mildly by -0.50%. Google (GOOGL.US) executives will testify in a U.S. Department of Justice hearing on digital advertising next week, following a prior ruling that the company illegally monopolized online search. Google released Android 15 source code, planning updates for Pixel devices in the coming weeks.

5. Apple (Nasdaq: AAPL)
Apple dipped mildly by -0.86%. Apple's iPhone 16 series to launch soon. On September 4, 2024, Apple's trading volume reached $9.626 billion, ranking third in US stocks. UBS maintains neutral rating on Apple with a price target of $236. Apple posted Q3 2024 revenue of $296.105 billion and net income of $79.00 billion.

6. Amazon (Nasdaq: AMZN)
Amazon dipped mildly by -1.66%. Amazon's trading volume reached $5.266 billion on September 4, 2024, ranking it sixth among U.S. stocks that day. Amazon has selected Omnicon Media and WPP for its consumer business marketing channels. JMP Securities maintains a Market Outperform rating on Amazon.com, raising the price target to $265.00.

7. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -1.66%. Nvidia experienced a market value loss of nearly $2 trillion overnight and disclosed 15 insider transactions on September 4, 2024. CEO Jensen Huang sold $27.6 million in shares in late August and early September. Nvidia has not received a subpoena from the U.S. Department of Justice.