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Rumble Shatters Multiple Records on Debate Night
GlobeNewswire News Room· 2024-09-11 20:05
LONGBOAT KEY, Fla., Sept. 11, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the videosharing platform and cloud services provider, announced that it shattered several records during Tuesday night's American presidential debate between former President Donald Trump and Vice President Kamala Harris. According to Streams Charts, Rumble logged a record for concurrent live viewers on the platform, as well as new records for the number of concurrent creator streams and peak bandwidth consumption. "People want the ...
Why Rumble Stock Was Sliding Today
The Motley Fool· 2024-09-11 19:56
The social media stock responded to the debate last night. Shares of Rumble (RUM -3.88%), the social media site that's seen as a conservative version of YouTube, were sliding today, seemingly in response to last night's presidential debate between Vice President Kamala Harris and former President Donald Trump. Most media outlets seemed to consider Harris to be the winner. In response to the news, Rumble stock was down 6.7% as of 2:04 p.m. ET. Fellow traveler Trump Media & Technology, which owns Trump's Trut ...
Dan Bongino to Host Special Live Podcast on Rumble During the Presidential Debate on September 10
GlobeNewswire News Room· 2024-09-10 14:39
NEW YORK, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Cumulus Media's (NASDAQ: CMLS) Westwood One today announced that The Dan Bongino Show will offer a special live edition of the podcast on Tuesday, September 10, 2024, beginning at 8 p.m. ET. Dan Bongino will offer commentary and opinion live while Vice President Kamala Harris and former President Donald J. Trump face each other to debate for the first time. About The Dan Bongino Show The Dan Bongino Show podcast is a perennial Top Ten in Apple's News category ran ...
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 (RUM) - 2024 Q2 - Earnings Call Transcript
2024-08-12 23:24
Rumble Inc. (NASDAQ:RUM) Q2 2024 Earnings Conference Call August 12, 2024 5:00 PM ET Company Participants Shannon Devine - IR Chris Pavlovski - Founder, Chairman and CEO Brandon Alexandroff - CFO Conference Call Participants Jason Helfstein - Oppenheimer & Company Scott Devitt - Wedbush Securities Operator Ladies and gentlemen, greetings and welcome to the Rumble Second Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to i ...
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 ...
Rumble (RUM) - 2024 Q2 - Quarterly Report
2024-08-12 20:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-40079 RUMBLE INC. (Exact name of registrant as specified in its charter) | --- | --- | |----------------------- ...
Rumble (RUM) - 2024 Q2 - Quarterly Results
2024-08-12 20:07
Exhibit 99.1 Rumble Reports Second Quarter 2024 Results ~ Delivers Sequential Revenue Growth of 27% to $22.5 Million ~ ~ Introduces New KPI, Average Revenue Per User (ARPU), Up 19% Over First Quarter ~ LONGBOAT KEY, Fla., August 12, 2024 (GLOBE NEWSWIRE) -- Rumble Inc. (Nasdaq: RUM) ("Rumble" or the "Company"), the video sharing platform and cloud services provider, today announced financial results for the fiscal quarter ended June 30, 2024. Q2 2024 Key Highlights and Key Items ● Revenue for the second qua ...
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 ...