Magnificient 7: Tesla Extends 0% Interest; Alphabet Partnerships Boost AI Integration

1. Tesla (Nasdaq: TSLA)
Tesla gained mildly by 2.45%. Tesla extends its 0% interest offer until October 31 and faces intensified competition from new electric vehicle models. The company is expected to deliver 1.83 million vehicles this year, slightly surpassing last year's figures, with significant announcements anticipated in October.

2. Alphabet (Nasdaq: GOOG)
Alphabet gained mildly by 0.89%. Google argued in U.S. federal court that its ad technology provides a secure ecosystem aiding advertisers against Meta Platforms and Amazon, asserting no legal obligation to support competitors. Meanwhile, Volkswagen and Google Cloud announced AI integration in the myVW app.

3. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.12%. Apple unveils new Apple Watch S10 with wireless charging by Richwave Technology. Aohai introduces 35W GaN chargers for iPhone 16. Apple to release a new smart home device with AI support in spring. Apple Vision Pro 2 will feature M5 chip, production starts next year.

4. Meta (Nasdaq: META)
Meta dipped mildly by -0.08%. Meta Platforms fined €91 million by Ireland's Data Protection Commission for password storage violations. At its developer conference, Meta unveiled its prototype AR glasses, Orion, with AI features, aiming to eventually replace smartphones.

5. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -0.76%. Microsoft promises $2.7 billion investment in Brazil AI infrastructure over three years. DA Davidson maintains a Neutral rating on Microsoft with a target price of $475. Google accuses Microsoft of anti-competitive behavior in EU regarding cloud computing.

6. Amazon (Nasdaq: AMZN)
Amazon dipped mildly by -1.67%. Amazon invests $40 billion in AI startup Anthropic, with UK regulators not pursuing further investigation due to a lack of competition concerns. Amazon's streaming platform secures over $1.8 billion in ad commitments for Prime Video and live sports.

7. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -2.13%. NVIDIA's RTX 5090 reportedly features 32GB GDDR7 memory and 600W power. UBS warns about underweighting NVIDIA in portfolios. Morgan Stanley reports Blackwell chip mass production, expecting 450,000 units shipped in Q4. NVIDIA holds 88% of the AIB graphics card market in Q2 2024.