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Home > Latest

Rumble (RUM.US) plans to invest nearly 1.2 billion dollars to acquire the German AI cloud company, Northern Data.

date
11/08/2025
According to the Zhitong Finance app, American video platform and cloud service provider Rumble (RUM.US) is considering acquiring German artificial intelligence (AI) cloud group Northern Data for about $1.17 billion (1 billion euros).
Latest
4 m ago
The media quoted a notification from the Indian National Power Corporation, stating that India has now shut down Unit 1 of the 1 GW Kudankulam Nuclear Power Plant located in the southern state of Tamil Nadu. It is expected that this maintenance will last for over two months, potentially leading to a tight power supply in southern India and an increase in electricity costs.
5 m ago
India is preparing to significantly increase electricity prices.
8 m ago
According to AI news, Huayuan Securities released a research report on August 11th, giving a buy rating to Huali Group (300979.SZ). The reasons for the rating mainly include: 1) The company's 2025H1 revenue is expected to increase by 10% year-on-year, and the growth under external disturbances is in line with expectations; 2) The resonance of alpha and beta drives the company's order growth, and the structural changes in customer structure drive the increase in ASP. (Daily Economic News)
9 m ago
According to the AI quick news, Huayuan Securities issued a research report on August 11th, giving a buy rating to Zhongyuan Expressway (600020.SH). The reasons for the rating include: 1) Toll revenue in the second quarter is under pressure, waiting for a macro demand recovery; 2) Changes in gross profit margin are mainly due to changes in revenue structure and the impact of toll revenue, and the optimization of debt structure has significantly improved the expense ratio; 3) The Zhengluo project is steadily progressing, and completion of the project is expected to release incremental income. (Daily Economic News)
14 m ago
UBS cuts Brent crude outlook due to strong supply.
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