Magnificient 7: Google Launches DataGemma; Microsoft Announces 650 Xbox Layoffs

1. Alphabet (Nasdaq: GOOG)
Alphabet gained mildly by 1.82%. Google faces potential EU directives to cease anti-competitive ad practices, but without split orders. TSMC received new Google 2nm process orders. Google introduces DataGemma to enhance AI accuracy with real-world data. Google's Chrome enhanced security measures protect user data.

2. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.84%. Microsoft's Xbox division announced significant layoffs of 650 employees. Additionally, Microsoft is enhancing Windows security after a global IT disruption, aiming to allow security vendors to operate outside core systems to prevent future incidents.

3. Tesla (Nasdaq: TSLA)
Tesla gained mildly by 0.21%. Tesla's trading volume on September 13 ranked second in US markets at $13.598 billion. Canaccord Genuity maintains a Buy rating, while Guggenheim maintains Sell, setting a $153 price target. Analysts lower Q3 delivery and profit forecasts amid increasing competition. Tesla ranks second in August's short-selling report.

4. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -0.03%. NVIDIA has been approved to sell chips to UAE-based G42. CEO Jensen Huang stated that NVIDIA could move away from TSMC, eyeing Samsung as a potential supplier. The demand for NVIDIA’s Blackwell chip remains strong, with significant interest in Q4 shipments.

5. Apple (Nasdaq: AAPL)
Apple dipped mildly by -0.12%. Apple's US site lists refurbished 2022 iPad Air and Pro models with 15%-20% discounts. On September 16, EU iPad users can download apps via third parties. iPhone 16 pre-orders caused website crashes. iOS 18 introduces component activation lock to prevent stolen parts trade.

6. Meta (Nasdaq: META)
Meta dipped mildly by -0.19%. Meta admitted using public content from Australian Facebook and Instagram users to train AI models. The company has pushed v69 system software updates for Quest headsets, adding new features like windowed spatial audio. Meta confirmed the development of MR glasses and enhanced WhatsApp Business in India.

7. Amazon (Nasdaq: AMZN)
Amazon dipped mildly by -0.27%. Amazon announced a $21 billion investment in its delivery service partner program for safety, pricing, training, and incentives, totaling $123 billion over six years. Additionally, facing union pressures, Amazon raised delivery driver wages by 7% to an average of $22 per hour.