Web3MediaBreaks – Rumble Inc. (NASDAQ: RUM) Secures Cloud Services Agreement with El Salvador Despite Financial Challenges
Rumble (NASDAQ: RUM) is a video-sharing platform and cloud services provider that has recently secured a significant cloud services agreement with the Government of El Salvador. This partnership underscores Rumble’s commitment to freedom-oriented values, which are increasingly sought after globally. The agreement involves Rumble providing El Salvador with a comprehensive suite of cloud services, including cloud storage, computing, databases, load balancers, and Kubernetes integration. This strategic move allows Rumble to expand its international market presence and diversify its service offerings. Despite this promising partnership, Rumble faces financial challenges. The company has a negative price-to-earnings (“P/E”) ratio of approximately -16.90, indicating…