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Rumble Inc. - RUM STOCK NEWS

Welcome to our dedicated page for Rumble news (Ticker: RUM), a resource for investors and traders seeking the latest updates and insights on Rumble stock.

Rumble Inc. (symbol: RUM) is a dynamic, high-growth video-sharing platform that allows users to watch, share, like, comment, and upload their own videos. The platform supports both video-on-demand and live streaming content, enabling creators to engage with their audience in real-time. Users can subscribe to their favorite channels to stay updated with the latest content from creators.

Rumble Inc. focuses on generating revenue primarily from the United States. The company is not just a video platform; it is also a cloud services provider that prides itself on creating an independent infrastructure. Rumble's mission is to restore the internet to its roots by promoting a free and open internet. This mission is reflected in its commitment to providing an unfiltered and unbiased platform for content creators and consumers alike.

Rumble has been making headlines recently with its aggressive stance against major tech companies. Notably, Rumble has filed a lawsuit against Google, alleging anti-competitive and exclusionary practices. The lawsuit claims that Google's monopolistic behavior in the digital advertising market has unfairly impacted Rumble's growth. This legal action highlights Rumble's determination to challenge industry giants and advocate for a more equitable digital ecosystem.

In terms of financial performance, Rumble recently announced its fourth quarter and full-year 2023 results, demonstrating strong growth and financial health. The company continues to attract investor interest, and its upcoming earnings conference call is highly anticipated by stakeholders.

Rumble's partnerships and collaborations further bolster its position in the market. For instance, the platform hosts the popular podcast

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Rumble has announced the addition of Scott Adams' comic, “Dilbert Reborn,” to its subscription platform, Locals. Subscribers will have access to exclusive content from Adams, who launched a Locals community in 2020 featuring daily live streams and over 200 'Micro Lessons.' This addition enhances the variety of content available to the Scott Adams community, focused on creative independence.

Adams expressed satisfaction with the platform’s lack of restrictions, stating, “I feel creatively renewed.” Rumble aims to restore free and open internet access, positioning itself as a high-growth neutral video platform.

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Rumble has secured an exclusive global agreement in principle with Power Slap for Seasons 2 and 3 of the slap fighting league, along with additional live events. This deal builds on the previous partnership, which saw the Season 1 Finale garner nearly 200,000 concurrent viewers and over 3 million views overall. Rumble's CEO Chris Pavlovski and Power Slap President Frank Lamicella expressed enthusiasm about the partnership, highlighting its rapid growth and their commitment to supporting emerging sports leagues. The final agreement is anticipated to be executed soon.

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Rumble has announced an exclusive partnership with political commentator Steven Crowder, bringing his popular show “Louder with Crowder” and his Mug Club community to the platform. This move is expected to enhance Rumble's content offerings, particularly in the political and news sectors, positioning the company favorably ahead of the 2024 U.S. Presidential Election. Crowder, known for his significant online following, will launch a one-hour live stream on March 20, 2023, along with exclusive content for subscribers. Rumble aims to capitalize on Crowder's large audience and previous contributions to viewership growth during the U.S. midterms.

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Rumble has announced the opening of a new creator studio in Longboat Key, Florida, as part of its U.S. headquarters development. This facility is Rumble's second studio in Florida, following the earlier launch of a Miami studio in September 2022. The Miami studio has attracted notable content creators. CEO Chris Pavlovski emphasized the company's commitment to supporting independent creators and providing a high-quality content creation environment. Interested creators can apply to stream or record at either studio. Rumble aims to promote a free and open internet through its platform.

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Rumble, a fast-growing video-sharing platform, is excited to unveil its new U.S. headquarters in Longboat Key, Florida, aiming to enhance the tech employee experience in the region. This state-of-the-art facility reflects Rumble's commitment to innovation and attracting talent from declining big-tech areas.

CEO Chris Pavlovski emphasized the significance of this move, encouraging tech talent to consider relocating to Florida. The company is on the lookout for dedicated individuals who share its mission to promote a free and open Internet, with job openings available on their website.

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Rumble has announced that political commentator and best-selling author Dan Bongino will relaunch his popular show, The Dan Bongino Show, as a live broadcast on the platform. This program will air weekdays at 11 a.m. ET and allow viewers to interact in real time. Since joining Rumble in 2020, Bongino's following has surged, now boasting 2.59 million followers, the highest for any channel on the platform. Rumble's CEO, Chris Pavlovski, emphasized Bongino's influence in challenging corporate media and enhancing Rumble's growth. The platform aims to foster free speech and independence from cancel culture.

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Rumble is set to revolutionize live sports distribution with its exclusive streaming of Power Slap 1, a premier event in slap fighting. Scheduled for March 11, 2023, at the UFC APEX in Las Vegas, the event will showcase champions across four weight classes. Fans can watch the global live finale for free on Rumble's platform, accessible via various devices including mobile and TV apps. This partnership represents a significant milestone in Rumble's investment in sports content, with leaders from both organizations expressing excitement for future growth and engagement.

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Rumble has announced the launch of a new show, 'The Kimberly Guilfoyle Show', hosted by political commentator and former prosecutor Kimberly Guilfoyle. Set to premiere on March 2, the show will air twice a week, covering topics ranging from politics to entertainment. Guilfoyle emphasized her commitment to free and uncensored speech, stating that nothing will be off-limits in her discussions. Rumble's CEO Chris Pavlovski expressed enthusiasm about signing Guilfoyle, believing it will enhance the platform's offerings and attract a larger audience. For more details, viewers can subscribe to her channel on Rumble.

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Rumble Inc. (NASDAQ: RUM) has announced it will release its financial results for the fiscal quarter and full year ending December 31, 2022, after market close on March 30, 2023. Following the earnings release, a conference call will be held at 5:00 p.m. Eastern Time on the same day. Investors can access the live webcast and related materials through Rumble's Investor Relations website.

The company positions itself as a high-growth, neutral video-sharing platform aimed at fostering open internet communication, emphasizing its resistance to cancel culture.

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FAQ

What is the current stock price of Rumble (RUM)?

The current stock price of Rumble (RUM) is $6.49 as of November 22, 2024.

What is the market cap of Rumble (RUM)?

The market cap of Rumble (RUM) is approximately 1.8B.

What does Rumble Inc. do?

Rumble Inc. is a video-sharing platform where users can watch, share, like, comment, and upload videos. It also provides cloud services.

How does Rumble generate its revenue?

Rumble generates most of its revenue from the United States through its video platform and cloud services.

What is Rumble’s mission?

Rumble's mission is to restore the internet to its roots by making it free and open.

What recent legal actions has Rumble taken?

Rumble has filed a lawsuit against Google, alleging anti-competitive practices in the digital advertising market.

What financial information has Rumble recently released?

Rumble has announced its fourth quarter and full-year 2023 results, showing strong growth and financial health.

What are some partnerships of Rumble?

Rumble hosts the popular podcast 'Breaking Points,' known for its anti-establishment news and commentary.

How can I stay updated with Rumble’s latest content?

Users can subscribe to their favorite channels on Rumble to stay updated with the latest content.

How can I contact Rumble for media inquiries?

For media inquiries, you can contact Rumble at press@rumble.com.

Where can I find more information about Rumble?

For more information, you can visit Rumble's official website at corp.rumble.com.

What sets Rumble apart from other video-sharing platforms?

Rumble is committed to creating an independent infrastructure and promoting a free and open internet, making it a unique alternative to mainstream platforms.

Rumble Inc.

Nasdaq:RUM

RUM Rankings

RUM Stock Data

1.84B
88.45M
25.68%
22.86%
5.33%
Software - Application
Services-computer Programming, Data Processing, Etc.
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United States of America
NEW YORK