Partnership aimed at boosting enterprise customer base

  • Rumble shares rise 8% on strategic partnership with Qinshift
  • Partnership aimed at boosting Rumble’s enterprise customer base
  • Stock increases to $8.58 in Wednesday afternoon trading
  • Rumble Cloud and Qinshift’s technologies to enhance customer onboarding
  • Rumble expands service offerings through Qinshift’s portfolio

Shares of Rumble were climbing after the online-video platform announced a strategic partnership aimed at boosting its enterprise customer base. The stock increased 8%, to $8.58, in Wednesday afternoon trading after Rumble said it had teamed up with managed IT services company Qinshift. Rumble Cloud, together with Qinshift’s technologies, could enhance its customer onboarding to grow its enterprise customers at scale, while expanding its service offerings through Qinshift’s portfolio. Rumble didn’t disclose the terms of the deal. Rumble Cloud, an IT product for Rumble’s business customers, launched to the public earlier this week.

Factuality Level: 8
Factuality Justification: The article provides factual information about Rumble’s partnership with Qinshift, the increase in stock price, and the launch of Rumble Cloud. There are no obvious signs of bias, sensationalism, or inaccuracies in the reporting.
Noise Level: 3
Noise Justification: The article provides relevant information about Rumble’s strategic partnership with Qinshift and the impact on its stock price. It stays on topic and does not contain irrelevant or misleading information. However, it lacks in-depth analysis, accountability, and scientific rigor, which prevents it from scoring higher.
Financial Relevance: Yes
Financial Markets Impacted: Rumble
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article pertains to a strategic partnership between Rumble and Qinshift, aimed at boosting Rumble’s enterprise customer base. There is no mention of any extreme event or its impact.
Public Companies: Rumble (N/A)
Private Companies: Qinshift
Key People: Emon Reiser (Author)

Reported publicly: www.marketwatch.com