Magnificent 7: NVDA leading US market at $30.34B; Meta to license Horizon OS with Jio

1. Meta (Nasdaq: META)
Meta gained mildly by 1.60%. Meta's August 9 transaction volume was $7.025 billion, ranking 5th on the day. Meta is negotiating Horizon OS licensing with India's Jio. Meta is discussing AI voice projects with Hollywood stars. S&P gave Meta's planned senior unsecured bond issuance an "AA-" rating.

2. Apple (Nasdaq: AAPL)
Apple gained mildly by 1.37%. Apple is rumored to launch a redesigned Mac mini, which will be the smallest in its history, featuring the M4 chip. Apple may rely on Samsung Display for the OLED screens in the next-generation iPad Air.

3. Alphabet (Nasdaq: GOOG)
Alphabet gained mildly by 0.95%. The U.S. Department of Justice may seek significant changes for Google after winning an antitrust case, including a potential separation of Android. OPPO's Chief Product Officer Liu Zuohu announced OPPO phones integrating Google’s AI model Gemini. Google’s Pixel Watch 3 and Pixel 9 series features surfaced.

4. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.83%. Microsoft's August 9 trading volume reached $7.709 billion, ranking fourth on the day. Microsoft is porting classic Capcom game "Street Fighter 5" to Xbox. Windows 11's market share has surpassed 30%. Rumors suggest the Microsoft Xbox mobile game store may launch soon.

5. Amazon (Nasdaq: AMZN)
Amazon gained mildly by 0.69%. Amazon announced a $40 billion investment in AI startup Anthropic, prompting an investigation by the UK's Competition and Markets Authority to evaluate potential impacts on market competition. Additionally, TikTok has partnered with Amazon to allow users to shop directly from the app.

6. Tesla (Nasdaq: TSLA)
Tesla gained mildly by 0.58%. Tesla’s August 9 trading volume was $11.617 billion, ranking second in the US stock market that day. RBC Capital maintained its outperform rating for Tesla with a price target of $224.00. Senator Elizabeth Warren called for an investigation into Elon Musk's use of Tesla resources. Tesla is introducing its Semi truck to Europe. Tesla’s Cybertruck is now available in Canada.

7. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -0.21%. NVIDIA's trading volume on August 9 was $30.34 billion, ranking first on the US stock market. Mizuho raised NVIDIA's target price to $132, noting strong demand for its AI chips. NVIDIA's GeForce NOW cloud gaming service reached 2000 games. TrendForce confirms NVIDIA's plans to launch the B100 and B200 chips in 2024.