What Sent These 10 Stocks Soaring Today?

2. Rumble Inc. (NASDAQ:RUM)

Rumble Inc. jumped by 19.54 percent on Friday to finish at $9.30 apiece as investor sentiment was fueled by a strong first-quarter earnings performance.

In its earnings release, Rumble Inc. (NASDAQ:RUM) said net loss shrunk by 94 percent to $2.7 million from $43.3 million in the same period last year, while revenues increased by 34 percent to $23.7 million from $17.7 million year-on-year driven by increased subscription revenue and monetization across its video and advertising platforms.

While the company did not provide any financial targets for the second quarter and full-year 2025, it signaled plans to expand “in initiatives that could accelerate and expand our business,” thanks to its recently raised fresh funds worth $775 million from Tether.

According to Rumble Inc. (NASDAQ:RUM) earlier, some $250 million of the proceeds will be used to support growth initiatives.