Why Rumble Stock Rallied Today
Key Points
Rumble struck a deal to acquire Germany-based data center operator Northern Data.
Tether agreed to serve as an anchor customer for Rumble's computing services.
- 10 stocks we like better than Rumble ›
Shares of Rumble (NASDAQ: RUM) jumped on Monday after the tech platform made a flurry of auspicious announcements.
As of 2:40 p.m. EST, Rumble's stock price is up more than 10%.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »
Image source: Getty Images.
Rumble wants to be a player in the high-performance computing race
Rumble reached a deal to acquire artificial intelligence (AI) infrastructure provider Northern Data. Under the terms of the agreement, Northern Data stockholders would receive 2.0281 newly issued Rumble shares for each Northern Data share exchanged.
Northern Data shareowners who accept Rumble's offer could also receive a total of $200 million in cash payments if the sale of the high-performance computing company's previously owned data center in Corpus Christi proceeds as planned and certain commercialization milestones are met.
The proposed combination would give Rumble access to over 22,000 Nvidia-made graphics processing units (GPUs) housed in a geographically diverse network of data centers spread across Europe and the U.S.
A digital asset giant wants to be Rumble's anchor customer
Rumble also announced that stablecoin titan Tether has committed to buy up to $150 million of GPU services upon the deal's expected closing in the second quarter of 2026. Tether also agreed to spend $100 million on Rumble's ad platform over a two-year period starting early 2026.
These sizable commitments, along with likely ongoing support from Tether -- a digital asset enterprise with over $10 billion in annual profits -- should provide Rumble with significant advantages in scaling up its AI infrastructure operations.
Should you invest $1,000 in Rumble right now?
Before you buy stock in Rumble, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Rumble wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $595,194!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,153,334!*
Now, it’s worth noting Stock Advisor’s total average return is 1,036% — a market-crushing outperformance compared to 191% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
See the 10 stocks »
*Stock Advisor returns as of November 10, 2025
Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy.
Recommended Articles
