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Rumble shares surged nearly 16% in premarket trading on Monday after the video platform announced a deal to acquire AI infrastructure firm Northern Data and secured a $100 million advertising commitment from Tether. The deal will make Tether an anchor customer for Rumble cloud expansion. Despite the rally, Rumble stock remains down over 57% year-to-date.
short by / 03:23 pm on 10 Nov
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