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NVIDIA's CES Announcements Hit NVDQ, Down 2.01%

NVIDIA's recent announcements at CES 2025 have reinforced its position as a leader in AI technology, with significant advancements in both hardware and software. The introduction of the RTX 50 Series GPUs and the Cosmos video language model highlights NVIDIA's commitment to innovation, while the full production of Blackwell accelerators and a projected $5 billion run-rate in the automotive segment by FY26 further solidify its growth prospects. These developments have bolstered investor confidence, contributing to the stock's upward movement as it trades at $141.46, up 0.94% from the previous close.

The ETF Opportunities Trust T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ) experienced a decline, dropping 2.01% to $2.92 at 6:40 AM on Wednesday, January 8.