Core Viewpoint - Rumble is emerging as a competitor to YouTube in the video-sharing space, aiming to capture a portion of the market dominated by YouTube, which currently delivers over 1 billion hours of video daily and generates approximately $36 billion in annual ad revenue [3][4]. Company Overview - Rumble is a video-sharing platform that allows users to upload a variety of content, with a focus on news and opinion pieces, and has gained popularity among certain demographics due to its stance against "cancel culture" [5]. - The platform reported 67 million unique monthly users and approximately $25 million in revenue during the third quarter of the previous year, showing significant growth from 58 million users and $18 million in revenue year-over-year [5]. Competitive Landscape - YouTube's dominance in the user-generated video market presents a significant challenge for Rumble, which does not need to completely dethrone YouTube but must capture some of its market share to succeed [6][10]. - Rumble is focusing on specialization and curation to differentiate itself from YouTube, which has a vast and often uncurated content library, making it difficult for users to find specific content [7]. Growth Potential - Rumble is working on enhancing its advertising platform and creator economics, with CEO Chris Pavlovski noting improvements in their advertising center and the introduction of mid-roll ads that have positively impacted revenue [8][9]. - Analysts project a top-line growth of 21% for Rumble this year, an acceleration from the previous year's growth rate of approximately 17% [9]. Sociocultural Context - There is a sociocultural movement that may favor platforms like Rumble, which claim to be immune to cancel culture, potentially increasing its user base and advertiser interest [10]. Investment Outlook - While Rumble has the potential to become a successful competitor in the video-sharing market, the likelihood of it achieving significant success remains uncertain, and investors are advised to monitor its progress before making substantial investments [12].

Core Insights - Rumble has launched Rumble Live, a linear livestreaming service that offers a full day of creator content, allowing viewers to access news, commentary, and entertainment without switching platforms [1][2] - The platform utilizes Rumble Raiding technology to create a seamless viewing experience, where shows follow one another, enhancing audience engagement [1] - Notable creators, including Steven Crowder, will stop livestreaming on YouTube and exclusively stream on Rumble starting March 24, indicating a shift in content distribution [2][4] Company Overview - Rumble is a high-growth video platform and cloud services provider founded in 2013 by Chris Pavlovski, aiming to create an independent infrastructure resistant to censorship by major tech companies [6] - The company's mission is to restore the internet to its foundational principles of being free and open [6] Programming Details - The daytime lineup for Rumble Live includes popular creators such as Evita Duffy-Alfonso, Vince Coglianese, Steven Crowder, Tim Pool, Russell Brand, The Quartering, and Viva Frei, with specific time slots assigned [3][4] - The programming is designed to build audience crossover among creators, benefiting overall traffic on the platform [4]

Core Viewpoint - Rumble Inc. is set to release its financial results for the fiscal quarter and full year ended December 31, 2024, on March 25, 2025, and will host a conference call to discuss these results [1] Financial Results Announcement - Rumble will announce its financial results before market open on March 25, 2025 [1] - A conference call will take place on the same day at 11:00 a.m. Eastern Time [1][2] Post-Earnings Call Interview - Following the earnings call, Chris Pavlovski will be interviewed by Matt Kohrs, streamed live on the Matt Kohrs Rumble channel [3] - Viewers will have the opportunity to submit questions during the live stream [3] Upcoming Investor Conference - Rumble management will attend the 37th Annual ROTH Conference from March 16-18, 2025 [4] - A fireside chat is scheduled for March 17 at 1:00 p.m. PT, which will be available on Rumble's Investor Relations website [4] Company Overview - Rumble is a high-growth video platform and cloud services provider focused on creating an independent infrastructure [5] - The company's mission is to restore the internet to its roots by making it free and open again [5]

Company Overview - Rumble is an alternative video hosting site aimed at providing a platform for free speech, countering what it perceives as excessive censorship and cancel culture in the media environment [1] Investment Philosophy - The investment approach focuses on long-term ownership of stocks rather than short-term price predictions, emphasizing valuations over target prices [2] - The investment strategy has evolved to a simplified "Buy or Don't Buy" framework, with a tendency to issue either Buy or Hold recommendations [2] Analyst's Position - The analyst has no current stock or derivative positions in any mentioned companies and does not plan to initiate any within the next 72 hours [3]

Core Viewpoint - Rumble has added approximately 188 Bitcoin to its treasury at an average price of about $91,000 per coin, aligning with its strategy to allocate up to $20 million to Bitcoin, highlighting its commitment to cryptocurrency as a strategic asset [1][2]. Company Strategy - The acquisition of Bitcoin is part of Rumble's treasury strategy and a broader initiative to strengthen its connections within the cryptocurrency industry, viewing Bitcoin as a hedge against inflation and a non-dilutive asset compared to traditional currencies [2]. - The company emphasizes its role as a leading video and cloud services platform for the crypto community, integrating cryptocurrency into its operational framework [2]. Financial Details - Rumble's Bitcoin purchase reflects a significant investment, with the total allocation strategy set at up to $20 million, indicating a strong belief in the long-term value of Bitcoin [1][2]. - The average purchase price of Bitcoin was approximately $91,000, which positions the company strategically in the cryptocurrency market [1]. Company Overview - Rumble is characterized as a high-growth video platform and cloud services provider, aiming to create an independent infrastructure and restore the internet to its foundational principles of freedom and openness [3].

Investment Rating - The report assigns a "Buy" rating for the company, marking its first coverage [5][7]. Core Insights - Rumble is positioned as a challenger to major tech monopolies, promoting a fair and free video platform. The company has seen significant growth potential through advertising revenue driven by Monthly Active Users (MAU) and Average Revenue Per User (ARPU) [5][7]. - The strategic investment of $775 million from Tether, a leading stablecoin company, is expected to enhance Rumble's growth and expansion plans [5][7]. - The company is focusing on diversifying its revenue streams, including cloud services and cryptocurrency integration, which are anticipated to provide additional growth avenues [5][7]. Summary by Sections Market Performance - As of February 26, 2025, Rumble's closing price was $9.18, with a market capitalization of $3.6 billion and a total share count of 390 million [3]. Financial Projections and Valuation - Revenue forecasts for 2024-2027 are projected at $94.1 million, $180.9 million, $420.0 million, and $1.188 billion respectively, with corresponding net profits of -$115.9 million, -$0.3 million, $56.2 million, and $216.2 million [6][7]. - The Price-to-Sales (P/S) ratios for the same years are expected to be 38.01, 19.77, 8.51, and 3.01 [6][7]. Key Assumptions - The monetization of revenue is based on the product of quarterly ARPU and average MAU, with expected ARPU growth rates of -6%, 35%, 60%, and 80% from 2024 to 2027 [8]. - MAU is anticipated to grow at rates of 15%, 50%, 50%, and 60% over the same period, driven by increased content creator engagement and political events [8]. Investment Logic - Rumble's commitment to a free speech platform has attracted a unique user base, and its advertising revenue is expected to benefit from both MAU and ARPU growth [7][8]. - The company is leveraging its cloud services to ensure data autonomy and expand its service offerings, which is expected to enhance its competitive position [7][8]. - The partnership with Tether is set to facilitate the integration of cryptocurrency payment options, providing content creators with diverse income sources [7][8].

Core Viewpoint - Rumble celebrates a U.S. federal court ruling that Brazilian Supreme Court Justice Alexandre de Moraes's censorship orders lack legal force in the United States, marking a victory for free speech and digital sovereignty [1][2][3][4]. Group 1: Court Ruling Details - The U.S. District Court for the Middle District of Florida ruled that Moraes's directives were not properly served under U.S. or international law, as they were not delivered through valid legal mechanisms [2]. - The court emphasized that Rumble and Trump Media are not obligated to comply with these unlawful censorship demands, and no U.S. entity is required to enforce them [2][3]. Group 2: Implications of the Ruling - The ruling indicates that any attempts to enforce these illegal orders on U.S. soil will be met with intervention to protect American companies and uphold free speech [3]. - The case is positioned as a broader fight against foreign judicial overreach attempting to silence speech in the U.S., reinforcing that such censorship has no place in the country [4]. Group 3: Company Background - Rumble is described as a high-growth video platform and cloud services provider focused on creating an independent infrastructure and restoring the internet to its free and open roots [5].

Core Viewpoint - Rumble celebrates a U.S. federal court ruling that Brazilian Supreme Court Justice Alexandre de Moraes's censorship orders lack legal force in the United States, marking a victory for free speech and digital sovereignty [1][2][3] Legal Ruling - The court ruled that Moraes's directives were not properly served under U.S. or international law, as they were not delivered through valid legal mechanisms such as the Hague Convention or the U.S.-Brazil Mutual Legal Assistance Treaty [2] - Rumble and Trump Media are not obligated to comply with these unlawful censorship demands, and no U.S. entity is required to enforce them [2] Implications for Free Speech - The court is prepared to intervene if anyone attempts to enforce these illegal orders on U.S. soil, sending a strong message to foreign governments against bypassing U.S. law to impose censorship [3] - The ruling emphasizes that Moraes's censorship campaign is not acceptable in the United States, reinforcing the principle of free speech [4] Company Position - Rumble and Trump Media will continue to advocate for free speech, viewing the ruling as a significant victory in their ongoing battle against censorship [4] - The court's decision denied the Temporary Restraining Order (TRO) as unnecessary, confirming that Moraes's orders are invalid and unenforceable in the U.S. [4]

Core Viewpoint - Trump Media and Technology Group Corp. (TMTG) and its partner Rumble have filed an emergency motion in U.S. federal court to stop the suspension of Rumble in Brazil, which was ordered by a Brazilian judge due to non-compliance with gag orders [1][2][3] Company Overview - TMTG operates Truth Social, a social media platform aimed at providing a safe space for free expression amidst increasing censorship by major tech companies [4] - The company also runs Truth+, a TV streaming platform focused on family-friendly content, and is launching Truth.Fi, a financial services brand [4] Legal Context - Brazilian Supreme Court Justice Alexandre de Moraes issued gag orders against Rumble, demanding censorship of a journalist's account, which Rumble refused to comply with [2] - Following the refusal, Moraes suspended Rumble in Brazil, imposed daily fines, and threatened the CEO with criminal charges [2][3] - TMTG and Rumble's emergency motion seeks a temporary restraining order and preliminary injunction against Moraes' actions [2][3] Leadership Statement - TMTG CEO Devin Nunes criticized Moraes' actions as abuses of power, likening them to tactics used by authoritarian regimes, and emphasized the importance of resisting censorship [3]

LONGBOAT KEY, Fla., Feb. 23, 2025 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today released the following statement from CEO and Chairman Chris Pavlovski regarding the recent appointment of content creator Dan Bongino as Deputy Director of the FBI in the Trump Administration: “Dan Bongino is a pioneer and a free speech warrior, and it has been an honor to host his content on Rumble. More than just that, he has been a mentor to me personally through these ...