U.S. stocks saw a mixed performance on Thursday, with the Dow Jones climbing over 793 points, while the Nasdaq declined more than 232 points.
Shares of Rumble Inc. (NASDAQ:RUM) rose sharply, after the company entered into a multi-year agreement, valued at $270 million, with a third-party cloud customer. This is Rumble’s largest customer commitment to date.
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Rumble has reported disappointing results for the fiscal first quarter of 2026, with loss per share of 12 cents missing the estimate of loss of 9 cents per share, on revenue of $25.46 million, below the consensus expectation of $25.98 million.
Rumble shares jumped 17.05% to $9.75 on Thursday.
