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Rumble Inc.

7.93

+0.37004.89%

Post-market: 7.90-0.0199-0.25%19:40 EDT

Volume:1.66M

Turnover:13.23M

Market Cap:2.68B

PE:-4.78

High:8.14

Open:7.94

Low:7.81

Close:7.56

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Overview Company News Filings

Rumble Shares up 35.5% After Co to Receive $775 Million Strategic Investment From Tether

THOMSON REUTERS

Oppenheimer says Tether investment alleviates concerns over Rumble liquidity

Sector Update: Tech Stocks Steady Premarket Monday

MT Newswires Live

Investors Look to Reverse Last Week's Slide as US Futures Mixed Monday Pre-Bell

MT Newswires Live

Rumble Stock Poised to Have Best Day Ever. Tether Investment Sends Video Platform Soaring. -- Barrons.com

Top Premarket Gainers

MT Newswires Live

Why Rumble Shares Are Trading Higher By Around 43%; Here Are 20 Stocks Moving Premarket

Tether's $775M Power Move: Rumble's Decentralized Media Revolution Begins

Here are the year's losing stocks that could see a big rebound in early 2025

BUZZ-Rumble skyrockets after Tether investment

Rumble shares surge 46% in pre-open trade on $775M investment from Tether

Rumble Shares up 39.5% Premarket After Co to Receive $775 Million Strategic Investment From Tether

THOMSON REUTERS

Stock Track | Rumble Inc. Soars 42.84% Pre-Market on $775M Tether Investment and Share Buyback Plans

Stock Track | Rumble Inc. Soars Over 50% on $775 Million Strategic Investment from Tether

24H | Rumble Soars 53% After Getting $775M Investment; Faraday Future Gains 5% After Securing $30M Financing

Tiger Newspress

24H｜Rumble Soars 58% in Overnight Trading; Tesla Rises 2%; Rigetti up 10%; MicroStrategy Falls 3%; Nvidia Jumps 1%

Tiger Newspress

Tether makes $775M bet on Rumble to challenge YouTube’s dominance

Tether pours $775M into video-sharing platform Rumble

Video platform Rumble rallies on $775 million investment from an influential - and oft-scrutinized - crypto giant

Crypto giant Tether invests $775 million in Trump-friendly video service Rumble

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","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4516","BK4585","BK4170","RUM","BK4588","XRX","BK4023","BK4077","XLK","XSD","AILE"],"gpt_icon":0},{"id":"2493875240","title":"Investors Look to Reverse Last Week's Slide as US Futures Mixed Monday Pre-Bell","url":"https://stock-news.laohu8.com/highlight/detail?id=2493875240","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493875240?lang=en_us&edition=fundamental","pubTime":"2024-12-23 21:08","pubTimestamp":1734959307,"startTime":"0","endTime":"0","summary":"US stock futures are mixed in Monday's premarket session as investors hope to reverse last week losses during the holiday-shortened week.The Dow Jones Industrial Average futures were down 0.2%, S&P 50","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4077","BK4139","PBM","PHIO","BK4505","BK4123","BK4539","IE0031619046.USD","IE00B66KJ199.SGD","RUM","ISBC","DSGN","BK4007","BK4516","BK4211","TRAW","MG","IE00B7SZL793.SGD","IE00B19Z4B17.USD"],"gpt_icon":1},{"id":"2493529547","title":"Rumble Stock Poised to Have Best Day Ever. Tether Investment Sends Video Platform Soaring. -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2493529547","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493529547?lang=en_us&edition=fundamental","pubTime":"2024-12-23 21:02","pubTimestamp":1734958920,"startTime":"0","endTime":"0","summary":"Rumble stock surged in premarket trading Monday after the video streaming platform said it would receive a $775 million investment from cryptocurrency company Tether.The stock surged 46% to $10.48, putting Rumble on track for its highest close since June 12, 2023, and marking the largest same-day percentagre increase on record, according to Dow Jones Market Data.The company announced that Tether had agreed to purchase about 103.3 million shares at $7.50 a share. Rumble said it anticipates using $250 million to support growth initiatives. The remaining proceeds will fund a self-tender offer for up to 70 million Class A common shares.\"Tether's investment in Rumble reflects our shared values of decentralization, independence, transparency, and the fundamental right to free expression,\" Tether CEO Paolo Ardoino said in a statement.\"In today's world, legacy media has increasingly eroded trust, creating an opportunity for platforms like Rumble to offer a credible, uncensored alternative.\". T","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4077","USDT.USD.CC","USDT.USD.HKCC","BK4516","RUM"],"gpt_icon":0},{"id":"2493545297","title":"Top Premarket Gainers","url":"https://stock-news.laohu8.com/highlight/detail?id=2493545297","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493545297?lang=en_us&edition=fundamental","pubTime":"2024-12-23 20:44","pubTimestamp":1734957888,"startTime":"0","endTime":"0","summary":"Rumble (RUM) shares surged 47% in recent Monday premarket activity after agreeing to a $775 million strategic investment from cryptocurrency firm Tether, the companies said Friday.American Battery Tec","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["HMC","ABAT","IE00BGV7N243.SGD","BK7162","LAES","BK4141","BK4555","BK7062","BK7005","USDT.USD.HKCC","HMC.AU","BK4099","BK4168","RUM","IE00BFMHRM44.USD","BK4077","BK4565","USDT.USD.CC","DESP","BK4585","WKEY","BK4142","BK4516","BK4588"],"gpt_icon":1},{"id":"2493754800","title":"Why Rumble Shares Are Trading Higher By Around 43%; Here Are 20 Stocks Moving Premarket","url":"https://stock-news.laohu8.com/highlight/detail?id=2493754800","media":"Benzinga","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493754800?lang=en_us&edition=fundamental","pubTime":"2024-12-23 20:42","pubTimestamp":1734957721,"startTime":"0","endTime":"0","summary":"Shares of Rumble Inc.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/24/12/42644814/why-rumble-shares-are-trading-higher-by-around-43-here-are-20-stocks-moving-premarket","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["TPIC","AILE","BK4173","BK4096","CNTM","BK4585","BK4077","BNRG","BK4023","USAW.SI","BK4099","RELI","RUM","BK4555","CLB","QLD","SQQQ","NVIW.SI","APTO",".IXIC","BK4139","BK4583","NSANY","BK4121","BK4007","EDBL","PHIO","BK4505","MNQmain","TQQQ","BK4082","KOD","JDZG","ABAT","USJW.SI","ATXS","TSYW.SI","QID","BK4141","PSQ","ONFO","SIGA","CDT","HSDT","NQmain","HMC","BK4179","BK4133"],"gpt_icon":1},{"id":"2493654759","title":"Tether's $775M Power Move: Rumble's Decentralized Media Revolution Begins","url":"https://stock-news.laohu8.com/highlight/detail?id=2493654759","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493654759?lang=en_us&edition=fundamental","pubTime":"2024-12-23 19:55","pubTimestamp":1734954946,"startTime":"0","endTime":"0","summary":"Rumble  just landed a $775 million jackpot from Tether , the reigning titan of stablecoins, in a move that's turning heads across the investor world. Here's the deal: $250 million goes straight into fueling Rumble's growth rocket, and the rest funds a tender offer that lets shareholders cash out at $7.50 per sharethe same price as Tether's buy-in. CEO Chris Pavlovski isn't just keeping his controlling stake; he's calling this partnership a game-changer, tying together the worlds of decentralized media and finance.Rumble's stock has had a bumpy ride, slipping nearly 17% last week, but with a 60% YTD climb, the fundamentals look solid. Analysts are nodding at the smart capital raise, which bolsters Rumble's balance sheet and positions it to tackle profitability. Oppenheimer's Perform rating reflects a wait-and-see attitude, as investors eye potential synergies like crypto-powered advertising or a decentralized cloud service. Nothing official yet, but the speculation alone is adding a spa","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/tethers-775m-power-move-rumbles-115546546.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["RUMBW","BK4516","PW","RUM","BK4084","BK4077","BK4234"],"gpt_icon":0},{"id":"2493888756","title":"Here are the year's losing stocks that could see a big rebound in early 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2493888756","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493888756?lang=en_us&edition=fundamental","pubTime":"2024-12-23 19:52","pubTimestamp":1734954720,"startTime":"0","endTime":"0","summary":"Evercore flags Nike, ZoomInfo and other 'tax-loss targets'. The days left to trade in 2024 can now be counted on one hand and with Christmas and the start of Hanukkah falling in the same week this year, investor ranks should start thinning out.Looking ahead to 2025 is a team of Evercore ISI strategists led by Julian Emanuel, who in our call of the day, offer up some stocks which lost ground in 2024 but which could be see a rebound in the new year.\"Tax Loss Targets\" - stocks down 20%+ YTD [year to date], down 50%+ since end 2021 and which have yet to make new all-time highs since12/31/21 - are tax loss candidates that could see momentumimprove after the New Year,\" Emanuel writes in a note to clients.He and his team believe small-capitalization stocks in particular could benefit, with the Russell 2000 RUT lagging behind its peers since 2022, up just 10.6% year to date versus 24% for the S&P 500 index SPX.  Those smaller stocks make up most of the tax loss candidates for 2024, they note.S","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4516","SDS","SPY","BK4588","BK4504","STNE","ZI","BK4022","LU1720051017.SGD","BK4599",".SPX","IE00BKVL7J92.USD","LU1548497426.USD","LU2357305700.SGD","LU1093756325.SGD","LU2098885051.SGD","BK4007","BK4106","NKE","LU1303367103.USD","OEF","SPXU","BK4533","SSO","BK4535","NVO","BK4006","SH","LU0786609619.USD","RUM","BK4230","LU1861215975.USD","VOO","ESmain","UPRO","CLF","CAR","BK4559","BK4532","IVV","BK4077","BK4550","LU1861220033.SGD","BK4227","IE00BZ1G4Q59.USD","BK4581","BK4585","BK4561","OEX","LU0823411888.USD"],"gpt_icon":1},{"id":"2493753550","title":"BUZZ-Rumble skyrockets after Tether investment","url":"https://stock-news.laohu8.com/highlight/detail?id=2493753550","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493753550?lang=en_us&edition=fundamental","pubTime":"2024-12-23 19:20","pubTimestamp":1734952844,"startTime":"0","endTime":"0","summary":"BUZZ-Rumble skyrockets after Tether investment** Shares of video sharing platform and cloud services provider Rumble RUM.O rise 45.4% to $10.43 premarket** Co said on Friday it had entered into an agreement with Tether to receive a strategic investment of $775 mln ** Blockchain-enabled platform Tether has agreed to purchase over 103.3 mln shares of RUM Class A Common Stock at a price of $7.50/share** RUM to use $250 mln of proceeds to support growth initiatives and remaining proceeds to fund a self-tender offer for up to 70 mln of its Class A Common Stock, at the same price** Earlier, co's board approved a plan to buy up to $20 mln in bitcoin from its cash reserves** RUM, backed by venture capitalist Peter Thiel and U.S. Vice President-elect JD Vance, through Narya Capital, has $2.04 bln market cap, according to LSEG data** The Tether token is the world's largest stablecoin and the third-largest cryptocurrency, with market value of over $139.8 billion according to CoinGecko** Cryptocur","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241223:nL4N3NO0JW:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4077","BK4516","RUM"],"gpt_icon":0},{"id":"2493758467","title":"Rumble shares surge 46% in pre-open trade on $775M investment from Tether","url":"https://stock-news.laohu8.com/highlight/detail?id=2493758467","media":"Investing.com","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493758467?lang=en_us&edition=fundamental","pubTime":"2024-12-23 18:47","pubTimestamp":1734950860,"startTime":"0","endTime":"0","summary":"Investing.com -- Shares of Rumble surged over 46% in pre-open trade on Monday following a $775 million investment from Tether, the digital assets company behind the widely used USDT stablecoin.This deal, which underscores a growing partnership between the worlds of cryptocurrency and free speech, is expected to accelerate Rumble’s growth and provide liquidity for its stockholders.According to a statement from Rumble’s CEO, Chris Pavlovski, the collaboration with Tether is particularly exciting due to the shared values of decentralization, transparency, and the fundamental right to free expression.Pavlovski said that the strong connection between the cryptocurrency community and free speech advocates, pointing to a shared commitment to freedom and the fight against centralized systems.In addition to the direct investment, the deal includes a self-tender offer, which will allow stockholders to sell up to 70 million shares of Rumble's Class A Common Stock at $7.50 per share, the same pric","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/rumble-shares-surge-46-pre-104740646.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["RUM","RUMBW","BK4516","BK4077"],"gpt_icon":0},{"id":"2493873699","title":"Rumble Shares up 39.5% Premarket After Co to Receive $775 Million Strategic Investment From Tether","url":"https://stock-news.laohu8.com/highlight/detail?id=2493873699","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493873699?lang=en_us&edition=fundamental","pubTime":"2024-12-23 17:09","pubTimestamp":1734944955,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241223:nL4N3NO0H8:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["RUM","BK4516","BK4077"],"gpt_icon":0},{"id":"1111927915","title":"Stock Track | Rumble Inc. Soars 42.84% Pre-Market on $775M Tether Investment and Share Buyback Plans","url":"https://stock-news.laohu8.com/highlight/detail?id=1111927915","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1111927915?lang=en_us&edition=fundamental","pubTime":"2024-12-23 17:02","pubTimestamp":1734944555,"startTime":"0","endTime":"0","summary":"Rumble Inc. , the video-sharing platform and cloud services provider, witnessed a remarkable 42.84% surge in its stock price during the pre-market trading session on Monday. This substantial rally was fueled by the company's announcement of a strategic $775 million investment from the cryptocurrency firm Tether.Under the terms of the agreement, Tether will purchase approximately 103.3 million shares of Rumble at a price of $7.50 per share. Rumble plans to allocate $250 million from the proceeds ","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["RUM"],"gpt_icon":0},{"id":"1180366855","title":"Stock Track | Rumble Inc. Soars Over 50% on $775 Million Strategic Investment from Tether","url":"https://stock-news.laohu8.com/highlight/detail?id=1180366855","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1180366855?lang=en_us&edition=fundamental","pubTime":"2024-12-23 16:36","pubTimestamp":1734942996,"startTime":"0","endTime":"0","summary":"Rumble Inc., the video-sharing platform, witnessed a remarkable surge of over 50% in its stock price during the pre-market session on Monday. This substantial increase was driven by the company's announcement of a strategic $775 million investment from the cryptocurrency firm Tether.According to the agreement, Tether will purchase approximately 103.3 million shares of Rumble at a price of $7.50 per share. The video platform plans to allocate $250 million from the proceeds to support its growth i","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Stock Track | Rumble Inc. Soars Over 50% on $775 Million Strategic Investment from Tether","news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["RUM"],"gpt_icon":1},{"id":"1149087518","title":"24H | Rumble Soars 53% After Getting $775M Investment; Faraday Future Gains 5% After Securing $30M Financing","url":"https://stock-news.laohu8.com/highlight/detail?id=1149087518","media":"Tiger Newspress","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1149087518?lang=en_us&edition=fundamental","pubTime":"2024-12-23 09:57","pubTimestamp":1734919037,"startTime":"0","endTime":"0","summary":"$Rumble$ said Friday it entered an agreement for a $775 million investment from the cryptocurrency company Tether.Tether agreed to purchase about 103.3 million shares of Rumble at $7.50, totaling $775 million.The video platform said it anticipates using $250 million to support growth initiatives. It plans to use the remaining proceeds for a self tender offer for up to 70 million of its Class A common stock at $7.50 a share.Once the planned transaction is completed, chief executive Chris Pavlovsk","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FFIE","RUM"],"gpt_icon":1},{"id":"1121726499","title":"24H｜Rumble Soars 58% in Overnight Trading; Tesla Rises 2%; Rigetti up 10%; MicroStrategy Falls 3%; Nvidia Jumps 1%","url":"https://stock-news.laohu8.com/highlight/detail?id=1121726499","media":"Tiger Newspress","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1121726499?lang=en_us&edition=fundamental","pubTime":"2024-12-23 09:12","pubTimestamp":1734916321,"startTime":"0","endTime":"0","summary":"$NVIDIA$ up 1% in overnight trading.  $Tesla Motors$ up 2%.Quantum Computing stocks up in overnight trading. $Rigetti Computing$ up 10%; $D-Wave Systems Inc.$ up 9%;  $IONQ Inc.$ up 5%.Crypto stocks gained in overnight trading.  $Canaan Inc.$ fell 5%;  $MicroStrategy$  fell 3%;  $Coinbase Global, Inc.$ fell 2%.","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["NVDA","QBTS","RUM","IONQ","COIN","CAN","TSLA","MSTR","RGTI"],"gpt_icon":1},{"id":"2493256453","title":"Tether makes $775M bet on Rumble to challenge YouTube’s dominance","url":"https://stock-news.laohu8.com/highlight/detail?id=2493256453","media":"CoinMarketCap","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493256453?lang=en_us&edition=fundamental","pubTime":"2024-12-21 23:39","pubTimestamp":1734795564,"startTime":"0","endTime":"0","summary":"Tether has made a bold partnership by investing $775 million into Rumble, a video-sharing platform and cloud services provider. Rumble is the closest competitor to YouTube and is famous for its uncensored content.Rumble will use $250 million of the money to support operations and the remainder to fund a tender offer for up to 70 million shares of its common stock at a price of $7.50, according to a Friday evening press release. That $7.50 is the same price per share Tether is paying for its stake.Tether CEO Paolo Ardonio, through his commented on the investment on X.Tether deeply believes in the fundamental values of freedom of speech and financial freedom.Our strategic investment in Rumble greatly underscores @Tether_to 's focus in supporting technology and companies that empower humans, delivering independence and resilience to our…He added that their firm believes in the fundamental values of freedom of speech and financial freedom.The deal, which is expected to close in the first q","market":"us","thumbnail":"https://academy-public.coinmarketcap.com/srd-optimized-uploads/3888117f8f8b46bd8847b070e46fe66e.webp","type":0,"news_type":0,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/3888117f8f8b46bd8847b070e46fe66e.webp"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://coinmarketcap.com/community/articles/6766e12d87e395132b7644b7/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"coinmarketcap_highlight","symbols":["USDT.USD.CC","USDT.USD.HKCC","BTC.USD.HKCC","BK4077","BTC.USD.CC","RUM","BK4516"],"gpt_icon":1},{"id":"2493400129","title":"Tether pours $775M into video-sharing platform Rumble","url":"https://stock-news.laohu8.com/highlight/detail?id=2493400129","media":"CoinMarketCap","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493400129?lang=en_us&edition=fundamental","pubTime":"2024-12-21 09:39","pubTimestamp":1734745163,"startTime":"0","endTime":"0","summary":"Tether, the issuer of the world’s largest stablecoin by market cap, has invested $775 million into Rumble, an alternative platform to YouTube known for not censoring content.“Tether deeply believes in the fundamental values of freedom of speech and financial freedom,” Tether CEO Paolo Ardonio said in a Dec. 20 X post.Independence and resilience — 2 key factors for Tether CEO. “Our strategic investment in Rumble greatly underscores Tether’s focus in supporting technology and companies that empower humans, delivering independence and resilience to our society,” Ardonio said.Ardonio said he was optimistic about what Rumble CEO Chris Pavlovski and his team have built and looks forward to collaborating on a “shared vision.” Tether and Rumble plan to collaborate on an advertising, cloud, and crypto payments solution relationship.Echoing a similar sentiment, Pavlovski said in a Dec. 20 X post that he has never been more excited for the future and intends to keep pushing against the world’s la","market":"us","thumbnail":"https://academy-public.coinmarketcap.com/srd-optimized-uploads/3dcbfe365d294c9d9d9ed6f697c4f08c.jpeg","type":0,"news_type":0,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/3dcbfe365d294c9d9d9ed6f697c4f08c.jpeg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://coinmarketcap.com/community/articles/67661c4d2018932e870de375/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"coinmarketcap_highlight","symbols":["BK4514","IE0004445015.USD","LU2247934214.USD","LU1035773651.USD","LU2361044949.HKD","LU1035775433.USD","LU0238689110.USD","USJW.SI","BTC.USD.CC","IE00BKDWB100.SGD","IE00BN29S564.USD","IE00BK4W5M84.HKD","BK4527","BK4601","LU0788109477.HKD","SG9999014914.USD","LU1571399168.USD","LU0127658192.USD","BK4550","BTC","BTC.USD.HKCC","LU0289941410.SGD","LU0985489474.SGD","LU2461242641.AUD","LU0861579265.USD","BK4566","IE00B7KXQ091.USD","IE00BYQQ9H92.USD","IE00B775SV38.USD","BK4592","SG9999017495.SGD","LU0053666078.USD","LU0719512351.SGD","BK4579","IE00BFXG0V08.USD","IE00BWXC8680.SGD","LU1069344957.HKD","USDT.USD.CC","LU2720916845.USD","LU2237443622.USD","GOOG","IE0004445239.USD","IE00B1XK9C88.USD","LU2237443382.USD","LU0308772762.SGD","RUM","USDT.USD.HKCC","IE00BJJMRY28.SGD","BK4588"],"gpt_icon":1},{"id":"2493401574","title":"Video platform Rumble rallies on $775 million investment from an influential - and oft-scrutinized - crypto giant","url":"https://stock-news.laohu8.com/highlight/detail?id=2493401574","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493401574?lang=en_us&edition=fundamental","pubTime":"2024-12-21 08:57","pubTimestamp":1734742620,"startTime":"0","endTime":"0","summary":"Stablecoin firm Tether plans to buy more than 103 million shares of Rumble. Shares of Rumble Inc. rocketed higher after hours on Friday after the right-leaning video platform said it landed a $775 million investment from Tether, a giant in the crypto world whose digital assets help fuel trading but have faced scrutiny from analysts and regulators.Rumble added that once the transaction closes, Chief Executive Chris Pavlovski would keep his controlling stake in the company. Under the deal, Tether will buy 103,333,333 shares of Rumble's Class A common stock at $7.50 apiece.The transaction is expected to close in the first quarter of 2025. Tether will have a minority stake, Rumble said, but won't be able to designate board members.\"I could not be more excited about this collaboration with Tether for a number of reasons,\" Pavlovski said in a statement. \"First, many people may not realize the incredibly strong connection between the cryptocurrency and free speech communities, which is rooted","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4077","TON.USD.CC","RNDR.USD.HKCC","TON.USD.HKCC","USDT.USD.CC","USDT.USD.HKCC","APT.USD.HKCC","BK4516","RUM","APT.USD.CC"],"gpt_icon":0},{"id":"2493407426","title":"Crypto giant Tether invests $775 million in Trump-friendly video service Rumble","url":"https://stock-news.laohu8.com/highlight/detail?id=2493407426","media":"Fortune","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493407426?lang=en_us&edition=fundamental","pubTime":"2024-12-21 08:06","pubTimestamp":1734739563,"startTime":"0","endTime":"0","summary":"Tether has amassed a large fortune in recent years thanks to its namesake stablecoin, which the company says will bring in over $10 billion in profits in 2024. Flush with cash, Tether's owners have signaled they intend to make investments outside of crypto and, on Friday afternoon, followed up by announcing the company has taken a large stake in Rumble, a video platform popular with right-wing influencers.The deal will see Tether invest $775 million in total, using $250 million to fund growth initiatives to expand the platform's reach. The rest will be used to fund a tender offer for up to 70 million of the company's publicly-traded Class A shares at a price of $7.50—a modest premium over the approximately $7 at which the shares had been trading.Founded in 2013, Rumble is still much smaller than YouTube, reporting around 67 million monthly active users. But it has become a prime source of information for young conservatives and, after Donald Trump's election video, posted the 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