Video platform Rumble, which hosts U.S. President Donald Trump's Truth Social, is weighing boosting its global AI cloud capabilities by acquiring Germany's Northern Data, the companies said. Rumble said it was considering making an offer for the company which would give it control of Northern Data's cloud business,

RUM shares rally as company reveals interest in buying Northern Data. Here's why Rumble stock price surge may fail to sustain moving forward.

Rumble Inc. (NASDAQ:RUM) shares surged on Monday after the company reported second-quarter results and confirmed interest in an all-stock exchange offer to acquire Northern Data AG (OTC:NDTAF). The company posted a net loss of $30.