Rumble announces White House channel established by President Trump, aiming to enhance its independent video platform offerings.
Quiver AI Summary
Rumble, a rapidly growing video platform and cloud services provider, announced that U.S. President Donald Trump has launched an official White House channel on their platform, accessible at https://rumble.com/whitehouse. Rumble aims to create an independent internet infrastructure, promoting a free and open online environment.
Potential Positives
- Establishment of an official White House channel on Rumble enhances the platform's credibility and visibility.
- This partnership may significantly increase user engagement and platform growth as it brings a high-profile content creator to Rumble.
- The move aligns with Rumble's mission of creating an independent infrastructure, potentially attracting more users who value free and open platforms.
Potential Negatives
- Establishing a channel for a controversial political figure like Donald Trump could alienate potential users and advertisers who may not support his views or past actions.
- The focus on a political figure may lead to perceptions of bias, affecting Rumble’s image as an impartial platform and its mission of being a free and open internet.
- The association with Trump may expose Rumble to increased scrutiny and potential backlash from regulators or advocacy groups concerned about misinformation and platform responsibility.
FAQ
What is the new channel established by President Trump on Rumble?
President Trump has established an official White House channel on Rumble, accessible at https://rumble.com/whitehouse.
What is Rumble's mission?
Rumble's mission is to restore the internet to its roots by making it free and open again.
How can I find more information about Rumble?
More information about Rumble can be found at corp.rumble.com.
What type of services does Rumble provide?
Rumble is a high-growth video platform and cloud services provider.
When was the White House channel announced?
The official White House channel on Rumble was announced on February 10, 2025.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RUM Congressional Stock Trading
Members of Congress have traded $RUM stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $RUM stock by members of Congress over the last 6 months:
- SENATOR DAVID MCCORMICK sold up to $5,000,000 on 01/16.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$RUM Insider Trading Activity
$RUM insiders have traded $RUM stock on the open market 15 times in the past 6 months. Of those trades, 0 have been purchases and 15 have been sales.
Here’s a breakdown of recent trading of $RUM stock by insiders over the last 6 months:
- ROBERT ARSOV has made 0 purchases and 15 sales selling 337,488 shares for an estimated $1,910,017.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$RUM Hedge Fund Activity
We have seen 69 institutional investors add shares of $RUM stock to their portfolio, and 55 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MORGAN STANLEY added 494,600 shares (+387.0%) to their portfolio in Q3 2024, for an estimated $2,651,056
- MIRAE ASSET SECURITIES (USA) INC. removed 487,355 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $2,612,222
- BLACKROCK, INC. added 264,569 shares (+17.0%) to their portfolio in Q4 2024, for an estimated $3,442,042
- GOLDMAN SACHS GROUP INC removed 250,926 shares (-96.0%) from their portfolio in Q3 2024, for an estimated $1,344,963
- MILLENNIUM MANAGEMENT LLC removed 171,534 shares (-46.0%) from their portfolio in Q3 2024, for an estimated $919,422
- GEODE CAPITAL MANAGEMENT, LLC added 130,956 shares (+14.5%) to their portfolio in Q3 2024, for an estimated $701,924
- PLATFORM TECHNOLOGY PARTNERS removed 80,880 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $1,052,248
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
LONGBOAT KEY, Fla. and WASHINGTON, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Rumble, ( NASDAQ: RUM ), the high-growth video platform and cloud services provider, today announced that U.S. President Donald Trump has established an official White House channel on the platform.
The White House channel can be found at https://rumble.com/whitehouse .
ABOUT RUMBLE
Rumble is a high-growth video platform and cloud services provider that is creating an independent infrastructure. Rumble’s mission is to restore the internet to its roots by making it free and open once again. For more information, visit: corp.rumble.com .
Contact: [email protected]
