Rumble, Inc.
(NASDAQ:RUM) shares are edging higher today, recouping a small portion of Friday's 8.6% selloff — a drop driven entirely by the blowout May jobs report — with last week's landmark $270 million GPU cloud deal still humming in the background.
Rumble shares are advancing steadily.
What's pushing RUM stock higher?
How We Got Here Friday's jobs report showed 172,000 payrolls added in May — more than double the 80,000 consensus estimate — pushing the 10-year yield above 4.5% and leaving little room for the Federal Reserve to cut rates anytime soon.
