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TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and why 45,000 dockworkers might be walking off the job.

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00:00I'm Conway Gaines reporting from the New York Stock Exchange. Here's what we're watching on
00:03the street today. Investors are keeping their eyes on NVIDIA this Tuesday. The AI chip leader
00:08rolled out a suite of AI products at the Consumer Electronics Show in Las Vegas, including its first
00:14desktop computer. Shares of NVIDIA are trading near all-time highs. In other news, consumers
00:21are facing another threat that could prevent inflation from further cooling. A tentative
00:27agreement to prevent dock workers from going on strike is about to expire on January 15th.
00:32If a permanent agreement isn't worked out by then, then a worker's strike could cripple some
00:38of the nation's busiest ports. At stake is the flow of goods at three dozen ports spread from
00:44Maine all the way down to Texas. These ports are responsible for receiving more than half of the
00:49foreign-made products that enter the U.S., not to mention our exports that are shipped overseas.
00:55A value of roughly two billion dollars a day, according to the National Association of
01:00Manufacturers. Ahead of a possible strike, retailers have already ordered container ships
01:04stocked with goods to keep store shelves full. But if a strike is prolonged, then the law of
01:10supply and demand will kick in, leading to higher prices at the cash register. The economy already
01:15got a taste of what that could feel like when the International Longshoremen Association went on a
01:20three-day strike in October. While workers went back to work after agreeing to a 10 percent pay
01:26hike in the first year and a 62 percent raise across six years, the two sides have yet to tackle
01:32the more complex issue of automation. Port operators say they need automation to increase
01:38productivity, but members of the union representing 50,000 dock workers fear robots will take their
01:44jobs. That'll do it for your daily briefing from the New York Stock Exchange. I'm Conway Giddens
01:49with the Street.

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