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We recently published a list of What Sent These 10 Stocks Soaring Today? In this article, we are going to take a look at where Rumble Inc. (NASDAQ:RUM) stands against other Friday’s best-performing stocks.
The stock market edged lower on the last day of the trading week as investors sold off positions to mitigate risks from the anticipated trade talks between the US and China this weekend.
The Dow Jones and the S&P 500 both fell by 0.29 percent and 0.07 percent, respectively. In contrast, the tech-heavy Nasdaq ended flat.
Beyond the major indices, 10 companies traded strongly, finishing with as much as double-digit gains, thanks to the continued positive earnings performance and optimistic outlooks.
In this article, we name Friday’s 10 best-performing stocks and detail the reasons behind their gains.
To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume.
A large flat-screen TV streaming video from a video hosting platform.
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.
Overall, RUM ranks 2nd on our list of Friday’s best-performing stocks. While we acknowledge the potential of RUM as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than RUM but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.