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NBIS Rallies on NVDA Investment, Lifts CRWV, IREN & Other Neocloud Stocks

NBIS Rallies on NVDA Investment, Lifts CRWV, IREN & Other Neocloud Stocks

Published 1 month, 2 weeks ago
Description

Nebius (NBIS) experienced a rebound rally and lifted other data center and neocloud stocks after Nvidia (NVDA) announced a $2 billion investment in the company. Rick Ducat compares the stock's outperformance to peers like CoreWeave (CRWV), Applied Digital (APLD), and Oracle (ORCL). He also shows key support and resistance levels paired with elevated options activity following headlines of Nvidia's investment.


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