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Benzinga
64 days

Golden Cross Alert: Nvidia-Backed AI Stock Just Broke Out - Is This The Next Big Winner?

1. Nvidia's Nebius Group raised $1 billion to scale cloud infrastructure. 2. Nebius shows a bullish golden cross pattern in stock charts. 3. Momentum indicators suggest upward trends in Nebius stock. 4. Nebius stock has risen nearly 145% over the past year. 5. Nvidia's AI initiatives bolster Nebius's market presence.

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FAQ

Why Bullish?

Nebius's technical indicators signal strong market performance, supporting Nvidia's growth potential.

How important is it?

Nvidia's backing enhances perceptions of Nebius, potentially driving broader investor interest.

Why Long Term?

The growth of Nebius may enhance Nvidia's AI infrastructure dominance over time.

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