CFVI stock is up in morning trade on January 19, 2022, after House Minority Leader Kevin McCarthy made Rumble his preferred social media engagement platform. This marks yet another high-profile individual leaving legacy social media in the name of freer speech. CFVI is the SPAC that will take Rumble public.
House Minority Leader Kevin McCarthy Makes Rumble his Preferred Platform
On January 19, 2022, Rumble is proud to announce that U.S. House of Representatives Minority Leader Kevin McCarthy is making Rumble his preferred platform with exclusive content. McCarthy will use Rumble to make important announcements while engaging with his constituents and the American people on pressing political issues.
“Congressman McCarthy has already gained nearly ten thousand followers since joining Rumble,” said Rumble CEO Chris Pavlovski ahead of the announcement. “His choice to use Rumble as his preferred platform shows how we have rapidly become an important platform for America’s political leaders.”
“Now more than ever, freedom-minded Americans across the country find themselves looking for a platform to uninhibitedly share ideas and content,” McCarthy said. “On Rumble, I, along with every other user, can disseminate information, learn new things, and share unique ideas without fear of being censored or deplatformed. That is how it should be in America.”
McCarthy is hosting multiple live streams this week, including today and tomorrow, as he introduces himself to the Rumble community.
Rumble is a high-growth neutral video platform that is creating the rails and independent infrastructure designed to be immune to cancel culture. Rumble’s mission is to restore the Internet to its roots by making it free and open once again. Additionally, the company announced in December 2021 the execution of a definitive business combination agreement with CF Acquisition Corp. VI (NASDAQ: CFVI). See the announcement here: https://corp.rumble.com
Rumble announces ‘new highs’ for January 3-9 user engagement
On January 12, 2022, online video platform Rumble announced on Tuesday that it reached new highs for user engagement during the week of January 3rd to 9th, 2022. The company posted record weekly video bandwidth consumption and also saw the most-ever videos uploaded to the platform in a week, it said in a blog post.”These records come on the heels of multiple announcements from last week, including the decision by Senator Rand Paul to drop YouTube in favor of Rumble and the announcement by Matt Kohrs, a popular financial live streaming voice and one of the largest creators by Super Chat revenue on YouTube, to make Rumble and Locals his preferred platforms.” Source: https://story.rumble.com/rumble-breaks-its-weekly-video-consumption-uploading-records/
Rumble Breaks Company’s Record for Video Consumption & Dan Bongino Reaches 2,000,000 Subscribers
On January 5, 2022, Rumble is proud to announce that The Dan Bongino Show’s Rumble channel has reached 2,000,000 subscribers—more than twice the number of subscribers to the show’s YouTube channel. Bongino is the host of a nationally syndicated radio show and a Fox News television program. In addition, Rumble’s users consumed more bandwidth yesterday than any other day in the company’s history, marking a new high for video consumption.
“The explosive growth in followers on Rumble has no parallel,” Bongino said. “We haven’t seen anything like it on other content platforms. The subs, the views and the hours-watched on Rumble speak for themselves. Rumble IS the future.”
“The rapid growth of Bongino’s channel reflects broad public interest in the content he is producing,” said Rumble CEO Chris Pavlovski. “His channel has grown much faster on Rumble than on YouTube as consumers flock to Rumble because they know we won’t selectively censor creators.”
Famed Stock & Crypto YouTuber Matt Kohrs Makes Rumble & Locals his Preferred Platforms
On January 5, 2022, Rumble is proud to announce that Matt Kohrs has signed a deal to make Rumble and Locals his preferred platforms with exclusive content and exclusive audience engagement. Kohrs is known for providing commentary on finance, crypto and stocks and was at the forefront of the AMC and GameStop movements. According to Playboard, in 2021, Matt Kohrs was the 3rd largest creator by Super Chat revenue on YouTube in the USA.
As part of the deal, Kohrs will end his use of Patreon and instead exclusively use Locals for all subscriber-only content. In addition to the Locals move, Kohrs will bring his video-on-demand content exclusively to Rumble at least 1 hour prior to any other platform. In his livestreams, Kohrs will read paid comments only from users of Rumble Rants, ending his read outs from YouTube’s Super Chats and Twitch tips and donations.
“Adding Matt Kohrs brings one of the most prominent and significant creators in the finance world to Rumble and Locals,” said Rumble CEO Chris Pavlovski ahead of the announcement. “He is the future of financial commentary, and we are going all in by bringing him to the Rumble platform.”
“I’m looking forward to bringing the future of financial media and entertainment to Rumble,” Kohrs said.
Kohrs’s show will run Monday to Friday on Rumble from 9am to 11am, 2pm to 2:30pm and 3pm to 4pm ET. He will talk about the latest news in finance, stocks and cryptocurrencies. Throughout the show, Kohrs will engage directly with his audience and answer their questions about the stock market, exclusively engaging with tippers on Rumble using Rumble Rants.
Rumble, started in 2013, is one of the most respected independent and privately-owned companies in the online video-sharing platform industry, with over 40M users in August 2021.
📺 Rumble Video Platform SPAC Deal Review, Going Public Via $CFVI CF Acquisition Corp VI
📈 CFVI Stock Technical Analysis
Both the short-term and long-term trends are positive. This is a very positive sign. CFVI is currently trading in the middle of its 52-week range. The S&P500 Index however is trading in the upper part of its 52-week range, so CFVI is lagging the market slightly. Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
There is a support zone ranging from 12.89 to 12.91. This zone is formed by a combination of multiple trend lines in multiple time frames. There is also a support zone ranging from 11.38 to 11.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames. Finally, there is a support zone ranging from 9.70 to 9.76. This zone is formed by a combination of multiple trend lines in the daily time frame.
CFVI has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. CFVI stock has a current Setup Rating of 6. It is probably a good idea to wait for a consolidation first. Click here to sign up for email alerts on when CFVI stock consolidates and has a Setup Rating of 8 or higher.