Rumble shares are trading higher Thursday after closing its acquisition of Northern Data AG and simultaneously rebranded as RUM Group Inc.
Rumble Inc.
(NASDAQ:RUM) shares are trading higher Thursday after the company closed its acquisition of Northern Data AG and simultaneously rebranded as RUM Group Inc.
Rumble stock is showing exceptional strength.
What's behind RUM gains?
The Northern Data Deal Closes Rumble now owns approximately 85.2% of Northern Data's outstanding shares, gaining immediate access to one of Europe's largest independent GPU estates, roughly 22,000 high-end NVIDIA H100 and H200 GPUs across nine data centers.
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Rumble Inc (NASDAQ:RUM) reported first-quarter financial results Thursday after market close.
Rumble shares are trading higher Thursday. The company secured a multi-year agreement with an unnamed third-party cloud customer.
Rumble Inc. shares are edging higher today, recouping part of Friday's 8.6% jobs-driven selloff, with $270 million GPU cloud deal…
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Rumble stock surged 14% after announcing a $270 million AI cloud deal with Together AI, its largest customer commitment ever…
Stocks had mixed performance on Thursday, Dow Jones up 793 points while Nasdaq down 232 points. Rumble rose after $270M deal.
