Rackspace Technology, Inc.

Award Recognises Rackspace's Continued Commitment to Reservists, Veterans and Military Families Award Recognises Rackspace's Continued Commitment to Reservists, Veterans and Military Families

globenewswire.com - 2026-07-15 07:15:00

Report validates Rackspace's leadership in AI-ready infrastructure, sovereign cloud services, and production-scale enterprise AI operations Report validates Rackspace's leadership in AI-ready infrastructure, sovereign cloud services, and production-scale enterprise AI operations

globenewswire.com - 2026-07-14 08:15:00

[url="]Glancy Prongay Wolke and Rotter LLP[/url], a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf

gurufocus.com - 2026-07-13 16:00:00

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Rackspace Technology, Inc. (“Rackspace” or the “Company”) (NASDAQ: RXT) investors concerning the Company's possible violations of the federal securities laws.IF YOU ARE AN INVESTOR WHO LOST MONEY ON RACKSPACE TECHNOLOGY, INC. (RXT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.What.

businesswire.com - 2026-07-13 15:00:00

Law Offices of Howard G. Smith announces an investigation on behalf of Rackspace Technology, Inc. (“Rackspace” or the “Company”) (NASDAQ: [url="]RXT[/ur

gurufocus.com - 2026-07-13 13:00:00

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Rackspace Technology, Inc. (“Rackspace” or the “Company”) (NASDAQ: RXT) investors concerning the Company's possible violations of federal securities laws.IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN RACKSPACE TECHNOLOGY, INC. (RXT), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.Contact the Law Offices of Howard G. Smith to discuss your legal.

businesswire.com - 2026-07-13 12:34:00

Rackspace Technology NASDAQ: RXT said it is accelerating its push into enterprise artificial intelligence infrastructure, announcing a $250 million at-the-market equity offering and updated 2026 financial outlook as it moves away from lower-margin revenue streams.

marketbeat.com - 2026-07-10 23:02:14

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Rackspace Technology, Inc. (“Rackspace” or the “Company”) (NASDAQ: RXT) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON RACKSPACE TECHNOLOGY, INC. (RXT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On July 9, 2026, Rackspace released preliminary sec.

businesswire.com - 2026-07-10 16:00:00

Shares of Rackspace Technology (NASDAQ:RXT) are rebounding sharply on Friday, trading up 22% intraday to $5.35 from a prior close of $4.37, as of 3:20pm ET.

247wallst.com - 2026-07-10 15:22:36

Rackspace Technology Inc. (NASDAQ:RXT) is moving the conversation away from raw GPU capacity and toward who actually owns the AI outcomes those chips enable.

benzinga.com - 2026-07-10 14:38:06

Rackspace is rated a buy, benefiting from AI-driven partnerships and a revived growth narrative in 2026. Recent deals with Palantir and AMD enhance RXT's credibility, access to high-performance compute, and enterprise sales channels. Q1 marked a return to positive y/y growth, with revenue up 2% and operating profit rising 20%, supporting the YTD rally.

seekingalpha.com - 2026-07-09 20:52:27

A securities investigation is examining whether Rackspace Technology misled investors regarding its FY2026 outlook before cutting revenue and earnings guidance on July 9, 2026. NEW YORK, July 9, 2026 /PRNewswire/ -- Rackspace Technology (NASDAQ: RXT) shares fell more than 25% intraday on July 9, 2026 after the Company cut its full-year 2026 revenue guidance by $150 million and its adjusted EBITDA guidance by $20 million.

prnewswire.com - 2026-07-09 19:11:00

Rackspace Technology, Inc. (RXT) Discusses Enterprise AI Strategy and Strategic Update Transcript

seekingalpha.com - 2026-07-09 17:02:08

Investments and Partnerships to Fuel AI Growth in 2027 and Beyond Palantir names Rackspace Technology as a Preferred Partner in Regulated and Sovereign Markets SAN ANTONIO, July 09, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a global enterprise AI infrastructure and solutions provider, today announced a strategic and financial update on its transition to becoming the operator of the full enterprise AI stack.  Strategy Update Rackspace is becoming the operator of the full enterprise AI stack, serving a demand now visible across the market.

globenewswire.com - 2026-07-09 07:51:00

Palantir and Rackspace execute a definitive agreement establishing operating framework to deploy Palantir Foundry and AIP in mid-market, regulated and sovereign environments, naming Rackspace a preferred partner Palantir and Rackspace execute a definitive agreement establishing operating framework to deploy Palantir Foundry and AIP in mid-market, regulated and sovereign environments, naming Rackspace a preferred partner

globenewswire.com - 2026-07-09 07:30:00

The broader market remains intensely fixated on public hyperscalers hoarding silicon to build massive, general-purpose artificial intelligence models. Look one layer deeper into the physical economy, and a distinct structural shift is unfolding.

marketbeat.com - 2026-06-23 17:35:19

The broader market remains intensely fixated on public hyperscalers hoarding silicon to build massive, general-purpose artificial intelligence models. Look one layer deeper into the physical economy, and a distinct structural shift is unfolding.

marketbeat.com - 2026-06-19 12:05:29

At $7.53, Rackspace Technology (NASDAQ:RXT) is a Hold, with an aggressive Buy trigger if a macro panic drags shares back to $5.00.

247wallst.com - 2026-06-18 10:50:50

Rackspace Technology Inc. (NASDAQ:RXT) is getting back into the good graces of investors.

benzinga.com - 2026-06-17 16:28:49

Rackspace announced a deployment of AMD AI chips up to 30 MW through 2028. The company also announced a 15% workforce reduction.

fool.com - 2026-06-16 16:14:39

Rackspace Technology, Inc. (RXT) Discusses Phased Deployment Agreement for AMD AI Compute and GPU-as-a-Service Collaboration Transcript

seekingalpha.com - 2026-06-16 11:02:09

Shares of a little-known cloud-computing company that has been striking big deals with tech giants have been on a tear this year. And a new deal with Advanced Micro Devices is furthering that notable rally.

marketwatch.com - 2026-06-16 10:39:00

Shares of Rackspace Technology RXT climbed about 16% in trading on Tuesday after the cloud services provider announced a major infrastructure agreement with Advanced Micro Devices and announced a 15% cut in its global workforce. The company said it has signed a definitive agreement with AMD for the phased deployment of up to 30 megawatts of dedicated compute capacity across Rackspace's global data-center footprint.

invezz.com - 2026-06-16 10:15:11

Rackspace Technology strikes a deal with Advanced Micro Devices to use AMD chips in its AI data centers.

barrons.com - 2026-06-16 07:32:00

SANTA CLARA, Calif. and SAN ANTONIO, June 16, 2026 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) and Rackspace Technology® (NASDAQ: RXT), a global enterprise AI infrastructure and solutions provider, today announced the signing of a definitive agreement for the phased deployment of an initial 30 MW footprint dedicated to AMD-based compute deployments across Rackspace's global data centers beginning in late 2026 through 2028.

globenewswire.com - 2026-06-16 07:00:00

Chief Human Resources Officer Kellie Teal-Guess sold 33,966 shares for a total transaction value of ~$189,000 at a weighted average price around $5.56 per share on June 4, 2026. The transaction reduced Teal-Guess's direct holdings by 2.51%, leaving her with 1,318,734 shares post-sale.

fool.com - 2026-06-15 12:01:46

The most important chart on Wall Street right now isn't Nvidia Corp. (NASDAQ: NVDA) or Micron Technology Inc.

feeds.benzinga.com - 2026-06-08 15:47:30

Rackspace is pivoting to high-margin, managed AI cloud services through partnerships with Palantir and AMD, targeting regulated industries. RXT's asset-light strategy avoids large capex, focusing on enterprise AI workloads and consulting revenues, supporting a path to GAAP profitability. Despite 2% YoY revenue growth and improved operating loss, RXT trades at a significant P/S discount vs. peers, suggesting rerating potential.

seekingalpha.com - 2026-06-08 14:24:26

Rackspace Technology (NASDAQ:RXT) has established a regional headquarters in Riyadh as the cloud-services company moves to accelerate its cloud and artificial intelligence growth in the Middle East. The new regional headquarters in the Saudi capital is intended to support Rackspace's expansion in cloud and AI services, the company said.

proactiveinvestors.com - 2026-06-08 12:25:23

RIYADH, Saudi Arabia, June 08, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a global enterprise AI infrastructure and solutions provider, today announced the establishment of its regional headquarters in Riyadh, Saudi Arabia, reinforcing the company's long-term commitment to the Kingdom of Saudi Arabia and the broader Middle East region. The new regional headquarters will serve as a strategic hub for Rackspace Technology's operations and customer engagement efforts, supporting organizations across enterprise, government, and regulated industries as they accelerate digital transformation initiatives aligned with Saudi Arabia's Vision 2030 agenda.

globenewswire.com - 2026-06-08 01:30:00

Investors searching for the biggest stock winners of 2026 may be surprised to learn they already own some of them through small-cap ETFs.

benzinga.com - 2026-06-03 14:54:10

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.

benzinga.com - 2026-05-17 14:29:43

Rackspace Technology NASDAQ: RXT reported first-quarter 2026 revenue growth and reaffirmed its full-year outlook, while management emphasized the company's shift toward managed, governed enterprise artificial intelligence infrastructure for regulated and sovereign environments.

marketbeat.com - 2026-05-08 21:07:47

Expand NASDAQ: RXT Rackspace Technology Today's Change (55.97%) $1.97 Current Price $5.49 Key Data Points Market Cap $869M Day's Range $3.75 - $6.00 52wk Range $0.39 - $6.00 Volume 152M Avg Vol 30M Gross Margin 12.59% Rackspace Technology (RXT +55.97%), a provider of end-to-end multi-cloud technology services, closed at $5.49, up 55.97%. Shares surged after the company announced an AI cloud infrastructure partnership with AMD focused on governed enterprise AI for regulated customers, and investors are watching how this collaboration could drive future demand.

fool.com - 2026-05-08 18:19:59

Rackspace Technology, Inc. (RXT) Q1 2026 Earnings Call Transcript

seekingalpha.com - 2026-05-07 16:41:29

Rackspace stock doubled on a so-so earnings report. A new AMD partnership stole the show.

fool.com - 2026-05-07 12:06:42

SAN ANTONIO, May 07, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a global enterprise AI infrastructure and solutions provider, and AMD today announced the signing of a Memorandum of Understanding (MOU) establishing a framework for a multiyear strategic partnership to create an Enterprise AI Cloud purpose-built for regulated enterprises and sovereign workloads where security, governance, and accountability are non-negotiable. Today's dominant model requires enterprises to rent GPU capacity by the hour and carry the operational burden themselves including integration, security and accountability.

globenewswire.com - 2026-05-07 08:00:00

Revenue of $678 million in the First Quarter, up 2% Year-over-Year Private Cloud Revenue was $235 million, down 6% Year-over-Year Public Cloud Revenue was $443 million, up 7% Year-over-Year First Quarter 2026 Cash Flow From Operating Activities was $5 million; Cash Flow From Operating Activities was $144 million on a Trailing-Twelve-Month Basis Rackspace Technology and AMD sign Memorandum of Understanding to establish a new category of governed Enterprise AI Infrastructure SAN ANTONIO, May 07, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced results for its first quarter ended March 31, 2026. Gajen Kandiah, Chief Executive Officer, stated, “The market is moving in the direction we anticipated, with regulated enterprises making deliberate choices about where their AI runs, who operates it, and who is accountable for outcomes.

globenewswire.com - 2026-05-07 08:00:00

Shares of Rackspace Technology, Inc. (NASDAQ: RXT - Get Free Report) have been given a consensus rating of "Reduce" by the six ratings firms that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell rating and four have issued a hold rating on the company. The average 12

defenseworld.net - 2026-04-19 02:29:10