Rumble Gains on Plans to Acquire Tether-Affiliated Northern Data
Rumble's Acquisition Plans: Rumble plans to acquire Northern Data in an all-stock deal, which would integrate Northern Data’s data center and GPU operations into Rumble's cloud infrastructure, potentially positioning the company as a leader in AI-focused cloud computing.
Market Reaction and Financials: Following the announcement, Rumble's stock initially surged by 20% before settling at a 7% increase, while Northern Data's shares fell nearly 20%. Rumble also reported rising revenues but incurred a loss of $30.2 million in the second quarter.
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Technical Analysis for TAI
Technical Sentiment Analysis for TARS AI (TAI) As of , TARS AI (TAI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TAI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, TAI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
TARS AI (TAI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00226 | 0.00658 | 0.0107 | 0.015 | 0.0192 | 0.0235 | 0.0276 |
| Fibonacci | 0.00658 | 0.00981 | 0.0118 | 0.015 | 0.0183 | 0.0203 | 0.0235 |
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