Stock Track | Rumble Inc. Soars 5.07% Intraday on Positive Q1 Earnings Call Updates and Northern Data Deal Progress

Stock Track05-18

Rumble Inc.'s stock experienced a significant surge of 5.07% during intraday trading on Monday, reflecting strong investor sentiment following the company's latest financial disclosures.

The price movement appears to be driven by several positive updates shared during Rumble's first-quarter 2026 earnings call. Management highlighted significant progress on the pending Northern Data acquisition, which represents a strategic pivot into cloud and agentic AI, with the company having secured approximately 81% of Northern Data shares and received required regulatory approvals. Additionally, the call revealed that Tether's $100 million advertising commitment has begun scaling in the current quarter, and the company reported 56 million monthly active users with plans to start monetizing Rumble Shorts in the second half of 2026.

Further optimism stemmed from Northern Data's operational metrics, including Q1 revenue of approximately EUR 43 million, GPU utilization rising to about 85% in March from 62% in December, and a promising 2026 revenue outlook of EUR 130 million to EUR 150 million. These developments collectively contributed to the bullish market reaction to Rumble's strategic direction and growth prospects.

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