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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 ...
Rumble Joins X to Sue Advertising Cartel that Allegedly Conspired to Withhold Digital Advertising Revenue
Newsfilter· 2024-08-06 15:31
LONGBOAT KEY, Fla., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the videosharing platform and cloud services provider, announced that it has joined the social media platform X to file antitrust lawsuits alleging a conspiracy to withhold advertising revenue from Rumble and other digital media platforms. In its filing in the U.S. District Court for the Northern District of Texas, Rumble named as defendants the World Federation of Advertisers (WFA), as well as the advertising agency WPP and its subs ...
Rumble Joins X to Sue Advertising Cartel that Allegedly Conspired to Withhold Digital Advertising Revenue
GlobeNewswire News Room· 2024-08-06 15:31
LONGBOAT KEY, Fla., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the videosharing platform and cloud services provider, announced that it has joined the social media platform X to file antitrust lawsuits alleging a conspiracy to withhold advertising revenue from Rumble and other digital media platforms. In its filing in the U.S. District Court for the Northern District of Texas, Rumble named as defendants the World Federation of Advertisers (WFA), as well as the advertising agency WPP and its subs ...
AI predicts Rumble stock price for end of 2024
Finbold· 2024-07-31 12:04
These results are scheduled for release after markets close on Monday, August 12, 2024. As of now, Rumble's stock is priced at $6.20, reflecting a one-month gain of over 6% and a year-to-date increase of over 37%. This appeal was significantly boosted when former President Donald Trump established an official account on Rumble after being de-platformed from other social media sites, leading to an increase in Rumble's user base. Rumble (NASDAQ: RUM), the video-sharing platform and cloud services provider, ha ...
Rumble Releases New App for Xbox
Newsfilter· 2024-07-26 13:00
The Rumble app is supported on all Xbox devices starting with 2013 third-generation models. The app allows users to access and watch content on their televisions, and outbound in-console streaming will be available through future updates. Rumble is a high-growth video platform and cloud services provider that is creating an independent infrastructure. Rumble's mission is to restore the internet to its roots by making it free and open once again. For more information, visit corp.rumble.com. Chris Pavlovski, ...
Rumble Announces Timing of Second Quarter 2024 Earnings Release and Conference Call
GlobeNewswire News Room· 2024-07-22 20:05
LONGBOAT KEY, Fla., July 22, 2024 (GLOBE NEWSWIRE) -- Rumble Inc. (NASDAQ: RUM) ("Rumble" or the "Company"), the video-sharing platform and cloud services provider, today announced that it will release financial results for the fiscal quarter ended June 30, 2024 after the close of markets on Monday, August 12, 2024. The Company will host a conference call on the same day at 5:00 p.m. Eastern Time. ABOUT RUMBLE For investor inquiries, please contact: MZ Group, MZ North America Source: Rumble Inc. Access to t ...