00:00NVIDIA stock is the talk of the week. If you're watching them, here's what you need to know.
00:04I'm Abbey Higginbotham with Benzinga. Let's break it down.
00:07NVIDIA has been moving around $140 a share this week,
00:11and analysts are watching the 50-day moving average closely. If it stays above it,
00:15the stock could hold steady, but a drop below might mean sellers are stepping in.
00:20Definitely something traders are keeping an eye out on. However,
00:23the charts aren't the only thing driving the stock this week.
00:26NVIDIA's making headlines at CES 2025, where CEO Jensen Wang is expected to highlight the
00:33company's latest work in AI and robotics. With tech already in focus, how these announcements
00:39land really could influence market reaction. And there's another storyline picking up steam.
00:44Rumors are swirling that NVIDIA could be teaming up with Uber on self-driving cars.
00:49If it happens, this could be a big move for the company's position in autonomous vehicle space.
00:55No confirmation yet, but definitely something to watch.
00:58As I said, NVIDIA is one to watch this week.
01:01Stay tuned with Benzinga for the latest market moves, and we'll keep you in the loop.
