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 ...

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 ...

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 ...

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 ...

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 is now available on Xbox, giving users more ways to consume a wide range of content. Chris Pavlovski, Founder and Chief Executive Officer of Rumble, commented, "The launch of the Rumble app on Xbox is an exciting expansion of our video distribution capabilities, which further bolsters the independent creator economy while also providing an enhanced experience for our viewers." The Xbox app for Rumble can be downloaded here. Rumble is a high-growth video platform and cloud services provider that is cr ...

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 ...

It has emerged that Austin Private Wealth, a financial services company, executed a massive short sale of millions of shares of Rumble (NASDAQ: RUM), raising questions about a possible conflict of interest. Notably, Rumble is backed by Republican vice-presidential nominee JD Vance. According to data shared by researcher Health Ranger on July 18 indicated that the company shorted 34 million shares of Rumble on the day before an assassination attempt on former President Donald Trump. | --- | --- | --- | --- | ...

Financial Projections Might be Understated As it stands right now, the financials appear modestly compelling. In the trailing 12 months (TTM), Rumble generated revenue of $81.08 million. By the end of fiscal 2024, analysts project that revenue may land at $97.36 million, up 20.3% from last year's print of $80.96 million. By 2025, the top line may expand to $117.64 million, up 20.8%. Currently, RUM stock trades at a trailing-year sales multiple of 14.74x. Assuming a shares outstanding count of 116.94 million ...

Chris Pavlovski, Chairman and CEO of Rumble, commented, "In the past, brand advertisers have boycotted companies that allow their users to express a diverse range of opinions. If some in corporate America don't want to do business with large segments of the market, Rumble will step in and fill the void by partnering with brands that will help monetize creators on our platform. Partnering with these brands will not only add revenue to our bottom line but also advance our mission of a free and open internet." ...