The crypto stablecoin venture Tether says that it is investing $775 million in the video sharing platform and cloud provider , which has become a favorite of conservative hosts and content creators and positions itself as a free speech alternative to its competitors. The companies announced the deal Friday evening. Rumble will receive $250 million in the deal, with the remaining proceeds “to fund a self tender offer for up to 70 million of its Class A Common Stock, at the same price ($7.50 per share) as Tether’s investment,” the companies say. Rumble is a competitor to , playing host to people like conservative commentators like Dan Bongino, Steven Crowder and Andrew Tate, the journalist Glenn Greenwald, gamer Dr. Disrespect, and Dana White’s competitions. Its shareholders include Bongino, and a venture capital firm co-founded by Vice president-elect JD Vance. Vance’s financial disclosures also showed that he has a personal stake in Rumble valued at between $100,000-$250,000. Rumble says that after the investment closes, chairman and CEO Chris Pavlovski will still hold a majority stake in the company, though he will sell as many as 10 million shares in the tender offer. Tether, meanwhile, has become one of the most prominent stablecoins in the crypto universe, with more than 350 million users. “I could not be more excited about this collaboration with Tether for a number of reasons,” Pavlovski said in a statement. “First, many people may not realize the incredibly strong connection between the cryptocurrency and free speech communities, which is rooted in a passion for freedom, transparency, and decentralization. Second, the immediate commitment of adding $250 million in cash to our balance sheet not only confirms the level of support and commitment to a collaboration between our companies, it also fuels our growth initiatives. And, third, this transaction provides an immediate liquidity event for all of our stockholders who elect to participate in the self tender offer. I truly believe Tether is the perfect partner that can put a rocket pack on the back of Rumble as we prepare for our next phase of growth.” “Tether’s investment in Rumble reflects our shared values of decentralization, independence, transparency, and the fundamental right to free expression,” added Paolo Ardoino, CEO of Tether. “In today’s world, legacy media has increasingly eroded trust, creating an opportunity for platforms like Rumble to offer a credible, uncensored alternative. This collaboration aligns with our long-standing commitment to empowering technologies that promote freedom and challenge centralized systems, as demonstrated through our recent collaborations and initiatives. Rumble’s dedication to fostering open communication and innovation makes them an ideal ally as we continue building the infrastructure for a more decentralized, inclusive future. Lastly, beyond our initial shareholder stake, Tether intends to drive towards a meaningful advertising, cloud, and crypto payment solutions relationship with Rumble.” THR Newsletters Sign up for THR news straight to your inbox every day More from The Hollywood ReporterBarrister cleared of misconduct calls on head of Bar Standards Board to resignInvestors with a lot of money to spend have taken a bearish stance on Vertiv Hldgs VRT . And retail traders should know. We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with VRT, it often means somebody knows something is about to happen. Today, Benzinga's options scanner spotted 11 options trades for Vertiv Hldgs . This isn't normal. The overall sentiment of these big-money traders is split between 18% bullish and 45%, bearish. Out of all of the options we uncovered, there was 1 put, for a total amount of $30,470, and 10, calls, for a total amount of $762,525. Projected Price Targets Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $50.0 to $155.0 for Vertiv Hldgs during the past quarter. Volume & Open Interest Trends Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Vertiv Hldgs's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Vertiv Hldgs's whale trades within a strike price range from $50.0 to $155.0 in the last 30 days. Vertiv Hldgs Option Activity Analysis: Last 30 Days Noteworthy Options Activity: Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume VRT CALL TRADE BULLISH 06/20/25 $58.9 $58.4 $58.9 $87.50 $235.6K 511 40 VRT CALL SWEEP BEARISH 11/22/24 $14.7 $14.0 $14.6 $126.00 $146.0K 458 108 VRT CALL TRADE BULLISH 01/16/26 $57.1 $56.4 $56.82 $100.00 $113.6K 920 22 VRT CALL TRADE BEARISH 12/20/24 $31.6 $30.4 $30.75 $110.00 $61.5K 1.3K 20 VRT CALL TRADE NEUTRAL 12/20/24 $84.6 $80.5 $82.51 $60.00 $41.2K 115 0 About Vertiv Hldgs Vertiv Holdings Co brings together hardware, software, analytics and ongoing services to ensure its customers vital applications run continuously, perform optimally and grow with their business needs. The company solves the important challenges faced by data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Its services include critical power, thermal management, racks and enclosures, monitoring and management, and other services. Its three business segments include the Americas, Asia Pacific; and Europe, Middle East & Africa. After a thorough review of the options trading surrounding Vertiv Hldgs, we move to examine the company in more detail. This includes an assessment of its current market status and performance. Present Market Standing of Vertiv Hldgs Currently trading with a volume of 3,591,027, the VRT's price is up by 0.71%, now at $142.5. RSI readings suggest the stock is currently may be overbought. Anticipated earnings release is in 89 days. Professional Analyst Ratings for Vertiv Hldgs 5 market experts have recently issued ratings for this stock, with a consensus target price of $130.2. Unusual Options Activity Detected: Smart Money on the Move Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access .* An analyst from Oppenheimer has decided to maintain their Outperform rating on Vertiv Hldgs, which currently sits at a price target of $121. * Consistent in their evaluation, an analyst from Citigroup keeps a Buy rating on Vertiv Hldgs with a target price of $141. * An analyst from TD Cowen has decided to maintain their Buy rating on Vertiv Hldgs, which currently sits at a price target of $115. * Maintaining their stance, an analyst from B of A Securities continues to hold a Buy rating for Vertiv Hldgs, targeting a price of $140. * An analyst from Citigroup persists with their Buy rating on Vertiv Hldgs, maintaining a target price of $134. Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Vertiv Hldgs with Benzinga Pro for real-time alerts. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.S'pore woman, 37, buys '1st-generation Labubu doll' for S$220, finds it fake, calls police
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Colorado quarterback Shedeur Sanders took quite the hit during Saturday's game against Kansas. The senior quarterback was on the receiving end of a hit to the knees by Jayhawks linebacker Dean Miller that sent Sanders to fall backwards and grip his knee. Sanders did not depart from the game, but the severity of the hit had many take to social media to criticize the hit not being penalized. This article will be updated soon to provide more information and analysis. For more from Bleacher Report on this topic and from around the sports world, check out our B/R app , homepage and social feeds—including Twitter , Instagram , Facebook and TikTok .
CHICAGO , Dec. 20, 2024 /PRNewswire/ -- In recognition of nearly 200,000 osteopathic physicians (DOs) and medical students in the U.S., more than 20 states and cities across the nation are observing December 2024 as Osteopathic Medicine Month. This designation recognizes the 150 th anniversary of osteopathic medicine, which applies a distinctive philosophy and approach to caring for patients in all areas of medicine, including primary care, surgery and specialty fields. DOs are fully licensed physicians who are trained to provide comprehensive care with a focus on preventive medicine and whole-person wellness. DOs hold some of the most distinguished positions in medicine today, caring for the U.S. President, overseeing the NASA medical team and leading some of the nation's top-ranked hospitals and health systems. The profession is one of the fastest-growing in health care, making up more than 10% of physicians and 28% of medical students in the U.S. Earlier this month, U.S. President Joe Biden issued a congratulatory letter to the New York Institute of Technology College of Osteopathic Medicine, recognizing the osteopathic profession's tremendous contributions to health care during the past 150 years. "As you celebrate this milestone anniversary, it is my hope that you are filled with pride in all the progress the osteopathic medical community has achieved—from pioneering medical discoveries to improving the health and well-being of Americans across the nation and so much more," the letter states. To date, more than 20 state and city leaders have issued proclamations declaring December 2024 as Osteopathic Medicine Month, including Alabama , Idaho , Illinois , Iowa , Michigan , Montana , Ohio , Oklahoma , Virginia , and West Virginia . "This remarkable achievement not only honors the rich history of our profession but also highlights the profound role of osteopathic medicine in health care today," said American Osteopathic Association President Teresa A. Hubka , DO, FACOOG (Dist). "Through patient-centered care and a commitment to understanding the root causes of illness, osteopathic physicians are shaping the future of medicine." For more information, visit www.osteopathic.org . About the AOA The American Osteopathic Association (AOA) represents more than 197,000 osteopathic physicians (DOs) and osteopathic medical students; promotes public health; encourages scientific research; serves as the primary certifying body for DOs; and is the accrediting agency for osteopathic medical schools. To learn more about DOs and the osteopathic philosophy of medicine, visit www.FindaDO.org . SOURCE American Osteopathic Association9 states poised to end coverage for millions if Trump cuts Medicaid funding
The last date to apply for the NIFT 2025 entrance exam is January 9. The exam is scheduled to be held on February 9, 2025. New Delhi: The National Testing Agency (NTA) has started the National Institute of Fashion Technology (NIFT) 2025 entrance exam online registration process. Candidates seeking to pursue undergraduate (UG), postgraduate (PG) and Doctor of Philosophy (PhD) programmes at NIFT can apply and appear in the NIFT entrance exam 2025. The online application link is available on the official website, exams.nta.ac.in/NIFT/. NIFT 2025 will be held as a computer-based test or paper-based test (PBT) in a total of 82 cities across the country. The paper will be in both English and Hindi language. NIFT Entrance Test 2025 Schedule How to apply for NIFT 2025 application? The steps to fill out the NIFT 2025 application form is detailed below- Those who will pass the exam will be eligible to pursue the Bachelor of Design (BDes), Bachelor of Fashion Technology (BFTech), Master of Design (MDes), Master of Fashion Management (MFM), Master of Fashion Technology (MFTech) and NLEA (NIFT Lateral Entry Admission) BDes, NLEA BFTech and PhD course. For more information related to NIFTEE 2025, candidates are advised to contact at 011- 40759000 or email the query at nift@nta.ac.in. Click for more latest Entrance Exams news . Also get top headlines and latest news from India and around the world at News9. Arpita is a Senior Sub-Editor at Tv9 Digital. In the dynamic realm of news, she has over 4.5 years of rich experience along with a master's degree in Mass Communication and Journalism. Earlier, she has worked with The Statesman, Enewsroom, NDTV.From crafting insightful articles and dynamic web stories to providing real-time coverage through live blogging on the education beat, she thrives in the fast-paced world of journalism.Beyond the world of newsrooms, she finds joy and inspiration in the arts. Whether belting out tunes, dancing to the rhythm, experimenting with culinary delights, or immersing in the world of drama, she embraces creativity as a way of life.