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Rumble Sets Records Across the Board on a Historic Election Night
GlobeNewswire News Room· 2024-11-07 00:04
LONGBOAT KEY, Fla., Nov. 06, 2024 (GLOBE NEWSWIRE) --  Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today announced that it broke multiple records on a historic Election Night. On the evening of November 5 and into the morning of November 6, Rumble set new high marks in a variety of categories, including number of livestreams, live concurrent views, consumption, total Rumble Premium subscribers, and revenue generated through the Rumble Advertising Center. According to Streams ...
Steven Crowder's MugClub Community Joins Rumble Premium Ahead of the “Election Livestream of the Century: The Rumble on Rumble”
GlobeNewswire News Room· 2024-11-05 21:30
Company Announcement - Rumble announced that Steven Crowder will host an Election Night livestream titled "The Election Livestream of the Century: The Rumble on Rumble" starting at 6:00 p.m. EST [1] - The livestream will promote Rumble Premium, the platform's ad-free subscription product, as Crowder's new home for exclusive content [1] - Rumble users subscribed to Crowder's MugClub will automatically receive access to Rumble Premium [1] - Steven Crowder currently has over 1.6 million subscribers on his Rumble channel [1] Leadership Commentary - Rumble's Chairman and CEO Chris Pavlovski stated that Rumble is the destination for millions seeking unfiltered coverage of current events and breaking news [2] - Pavlovski emphasized that Rumble Premium offers an improved ad-free experience and access to exclusive content [2] - He highlighted that the 2024 US presidential election coverage is expected to be the most-watched in world history, with people eager for news free from corporate media influence [2] - Pavlovski described Rumble as the world's leading free speech video-sharing platform, providing access to sought-after content [2] Company Overview - Rumble is a high-growth video platform and cloud services provider building an independent infrastructure [3] - The company's mission is to restore the internet to its roots by making it free and open once again [3]
Online Retailer Sticker Mule Moves AI Processing to the Rumble Cloud
GlobeNewswire News Room· 2024-10-15 12:00
Core Insights - Rumble has announced that Sticker Mule, a leading online custom merchandise seller, will become a cloud client, moving its AI processing to Rumble Cloud and utilizing Rumble's NVIDIA H100 inventory [1][3] - The partnership between Rumble and Sticker Mule has been successful, with Sticker Mule being a regular advertiser on Rumble for multiple years [1][3] Company Overview - Rumble is a high-growth video platform and cloud services provider focused on creating an independent infrastructure and restoring the internet to its roots by making it free and open [4] - Sticker Mule, founded in 2010 and based in Amsterdam, NY, specializes in custom merchandise and employs over 1,200 people worldwide [2] Partnership Dynamics - Rumble's CEO, Chris Pavlovski, expressed appreciation for the partnership with Sticker Mule, highlighting the shared values of creativity and self-expression [3] - Sticker Mule's CEO, Anthony Constantino, emphasized the mutual benefits of the partnership and the natural fit of entrusting Rumble Cloud with their important data [3]
Why Rumble Stock Was Sliding Today
The Motley Fool· 2024-09-11 19:56
Core Viewpoint - Rumble's stock price declined significantly following the presidential debate, reflecting investor sentiment regarding Donald Trump's political standing and its potential impact on the platform's user base and advertising revenue [1][2][3]. Company Performance - Rumble's stock fell by 6.7% as of 2:04 p.m. ET, while Trump Media & Technology experienced a 12.9% drop in the same timeframe [2]. - The company reported $79 million in revenue over the last four quarters but is facing a substantial operating loss of $150 million during that period [6]. Market Influence - Rumble's relevance is closely tied to Donald Trump's influence and the conservative political movement, with the platform primarily attracting content from Trump-supporting voices [3][5]. - Following the debate, Trump's chances of winning the presidency decreased from 52% to 47%, indicating a significant shift in investor confidence [4]. Competitive Landscape - Rumble, founded in 2013 as an alternative to YouTube, is struggling to gain scale and profitability in a market dominated by YouTube, especially if Trump's political campaign falters [5][6]. - The platform is seen as a refuge for conservatives seeking alternatives to mainstream social media, but its future growth may be jeopardized by the political climate [5].
Dan Bongino to Host Special Live Podcast on Rumble During the Presidential Debate on September 10
GlobeNewswire News Room· 2024-09-10 14:39
Group 1 - Cumulus Media's Westwood One will host a special live edition of The Dan Bongino Show on September 10, 2024, coinciding with a debate between Vice President Kamala Harris and former President Donald J. Trump [1] - The Dan Bongino Show is a top-ranked podcast with over 200 million downloads in 2024 and more than 350 million downloads on Rumble [2] - The show is distributed by the Cumulus Podcast Network and releases new episodes daily on various podcast platforms and Rumble [2] Group 2 - Bongino also hosts a live radio program on Westwood One, airing Monday to Friday from 12 to 3 p.m. ET on 340 stations across the U.S. [3] - Bongino has a background as a Secret Service agent and NYPD officer, and he is a best-selling author and commentator on international security and political strategy [4] - Westwood One is the largest audio network in America, reaching over 250 million monthly listeners through nearly 9,400 affiliated radio stations and digital platforms [5]
Rumble's Litigation Against Google Is An Interesting Litigation Trade
Seeking Alpha· 2024-08-14 01:57
DNY59 Usually, I never invest based on litigation, but there is significant upside potential for Rumble's (NASDAQ:RUM) multiple lawsuits against Google/Alphabet Inc. (GOOG)(GOOGL) and some advertisers without much downside risk, except large legal fees. The actual major negative is "time". Litigation often takes many years before it is resolved. Rumble also just released their 2Q results after the close on August 12. Revenue decreased to $22.47 million from last year's 2Q $24.97 million. The loss per share ...
Why Rumble Stock Surged 5% Higher Today
The Motley Fool· 2024-08-13 22:42
The company's fundamentals are improving notably as its user base continues to grow. Social media company Rumble (RUM 5.39%) had a fine Tuesday as far as its stock was concerned. The share price zoomed more than 5% higher on the day, thanks to an earnings report that topped analyst expectations. That performance easily beat the frothy S&P 500, which closed Tuesday 1.7% higher. Robust top-line growth in the second quarter Rumble's second-quarter numbers were published after market hours Monday, and they reve ...
Rumble Inc. (RUM) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-08-12 22:36
Rumble Inc. (RUM) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.16 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -20%. A quarter ago, it was expected that this company would post a loss of $0.19 per share when it actually produced a loss of $0.15, delivering a surprise of 21.05%. Over the last four quarters, the company has surpassed con ...
Feel the Rumble: Dodge Brand Drops the Needle on All-new Dodge Charger Daytona Fratzonic Chambered Exhaust
Prnewswire· 2024-08-09 16:00
AUBURN HILLS, Mich., Aug. 9, 2024 /PRNewswire/ -- Dodge hit a new high note today, revealing the final performance character of the all-new Dodge Charger Daytona's Fratzonic Chambered Exhaust system. The patent-pending system shatters preconceptions of a typical battery electric vehicle, bringing a signature rumble and tactile sound wave output that will serve as the soundtrack for the all-electric 2024 Dodge Charger Daytona R/T and Dodge Charger Daytona Scat Pack. Dodge hit a new high note today, revealing ...
Rumble's Founder and CEO Chris Pavlovski to Hold a Post-Earnings Live Stream with Matt Kohrs via Rumble Studio
GlobeNewswire News Room· 2024-08-08 12:00
LONGBOAT KEY, FL, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Rumble Inc. (NASDAQ: RUM), the videosharing platform and cloud services provider, announced today that Chris Pavlovski, the Chairman and CEO of Rumble, will be interviewed by Matt Kohrs on Monday, August 12, 2024, shortly after the earnings call. The interview will be streamed live on the Matt Kohrs Rumble channel at rumble.com/MattKohrs using Rumble's streaming platform, Rumble Studio. Viewers will be able to submit questions to Mr. Pavlovski in the comme ...