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Nebius stock reclaims 50-MA after Q2 beat (NBIS:NASDAQ)

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Erik Isakson/DigitalVision via Getty Images

Nebius Group (NBIS) shares are surging some 20% in Wednesday morning trading, propelled by a strong second-quarter earnings report that handily beat analyst estimates.

As seen in the daily chart, NBIS is now trading decisively above its 50-day moving average (blue line) after

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