Magnificient 7: Tesla surged 4.58%, upgraded to 'buy' by Deutsche Bank

1. Tesla (Nasdaq: TSLA)
Tesla gained solidly by 4.58%. Deutsche Bank upgraded Tesla to a "buy" rating with a $295 target price, highlighting the company's unique valuation.

2. Amazon (Nasdaq: AMZN)
Amazon gained mildly by 2.37%. Amazon reported trading volume of $6.485 billion on September 10, ranking fifth in the U.S. markets that day. Amazon plans to launch Prime membership services in South Africa. Oracle and Amazon AWS announced a strategic partnership to launch Oracle Database@AWS cloud service.

3. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 2.09%. Microsoft to hold a cybersecurity summit to reinforce security confidence following a global outage. Vodafone Qatar and Microsoft signed a five-year partnership. Microsoft released new Office Add-ins development tools in Visual Studio Code and launched TypeScript 5.6 with enhancements.

4. Nvidia (Nasdaq: NVDA)
Nvidia gained mildly by 1.53%. AMD focuses on expanding its presence in the AI chip sector, potentially unlocking significant growth opportunities. XPeng Motors introduced its self-developed chip "XPeng Turing," applicable in robots, AI cars, and flying cars. NVIDIA's investors await updates on the Blackwell chip, with production expected to start by December.

5. Alphabet (Nasdaq: GOOG)
Alphabet gained mildly by 0.31%. Apple is ordered to repay billions in taxes by the European Court. Alphabet loses an antitrust case and is fined €2.4 billion. Google's executives will testify before a U.S. Senate committee on September 18th. Huawei and Apple launch new AI and foldable phones. DA Davidson rates Alphabet A as neutral with a $170 target price, while Piper Sandler reaffirms an overweight rating, targeting $200.

6. Meta (Nasdaq: META)
Meta dipped mildly by 0.00%. Meta reported revenue of $75.527 billion for the first half of 2024. DA Davidson initiated coverage on Meta with a buy rating and a $600.00 price target. Meta revealed the Quest 3S headset. Meta to enable cross-app messaging in Europe next year.

7. Apple (Nasdaq: AAPL)
Apple dipped mildly by -0.36%. Apple released four iPhone 16 models, new AirPods, and Apple Watch at its September 10 event. Additionally, Apple introduced its first AI-powered smartphone. JP Morgan maintains an "overweight" rating with a $265 target price.