Magnificient 7: NVDA gained 3.54%, Faces Potential Antitrust Fines

1. Nvidia (Nasdaq: NVDA)
Nvidia gained solidly by 3.54%. NVIDIA's trading volume on September 9 was $28.778 billion, making it the top performer on that day. NVIDIA could face fines up to 30% of its U.S. revenue due to antitrust issues. Volvo Cars expanded its collaboration with NVIDIA from automotive applications to cloud computing.

2. Tesla (Nasdaq: TSLA)
Tesla gained mildly by 2.63%. Tesla's August retail market share in China dropped to 6.2%, a decrease of 2.8 percentage points year-on-year. Cantor Fitzgerald reiterated Tesla's neutral rating with a target price of $245. Tesla plans to introduce FSD in China in Q1 2024.

3. Amazon (Nasdaq: AMZN)
Amazon gained mildly by 2.34%. Amazon had a trading volume of $5.064 billion on September 9, 2024, ranking 8th among U.S. stocks on that day. Additionally, Amazon's stock rose by over 2% alongside gains in several major tech stocks.

4. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 1.00%. Microsoft is facing complaints about delayed responses regarding Xbox issues. Major vendors are investing in the AI PC market, with significant growth expected in 2024 and beyond.

5. Meta (Nasdaq: META)
Meta gained mildly by 0.90%. Meta's trading volume reached $5.577 billion on September 9, ranking sixth among U.S. stocks. Meta Quest 3S headset revealed, supporting Wi-Fi 6E and Bluetooth. Meta will launch cross-app messaging in Europe next year and will allow third-party app integration with WhatsApp and Facebook Messenger to comply with EU's Digital Markets Act.

6. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.04%. Apple released the iPhone 16 and iPhone 16 Pro, the latter featuring the largest screen ever. Apple also introduced new colors and USB-C ports for the AirPods Max, a hearing health feature for the AirPods Pro, and a new satin black titanium option for the Apple Watch Ultra 2.

7. Alphabet (Nasdaq: GOOG)
Alphabet dipped mildly by -1.70%. The U.S. Department of Justice opened its second antitrust trial against Google, alleging illegal monopolization of the digital advertising market. Separately, an August ruling found Google guilty of search market monopolization, with penalties expected next August. Google also launched Android 15 and the Illuminate tool.