About Rackspace Technology, Inc. - Common Stock (RXT)
Rackspace Technology is a leading provider of cloud computing services, specializing in managing and optimizing cloud solutions for businesses of all sizes. The company offers a range of services, including hosting, cloud migration, and managed services across various platforms, such as Amazon Web Services, Microsoft Azure, and Google Cloud. Rackspace Technology focuses on helping organizations harness the full potential of the cloud, enabling them to innovate faster, reduce costs, and enhance their overall IT strategies. With a commitment to providing expert support and tailored solutions, Rackspace empowers clients to navigate the complexities of the cloud landscape effectively. Read More
Gainers Rackspace Technology (NASDAQ:RXT) stock rose 18.0% to $5.16 during Friday's regular session. The market value of their outstanding shares is at $1.0 billion. Airwa (NASDAQ:YYAI) stock moved upwards by
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
Rackspace Technology and Advanced Micro Devices have signed a massive agreement to deploy artificial intelligence computing power for regulated enterprises.
Graphene Manufacturing Group Ltd (TSXV: GMG) (OTCQX: GMGMF) is gaining increased investor attention after CEO Craig Nicol appeared on Bloomberg TV this past weekend discussing the company’s rapidly expanding graphene technology platform focused on graphene batteries, energy efficiency, industrial cooling systems, AI data center infrastructure, advanced materials, and clean energy solutions. Watch Bloomberg TV Interview now!
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.
Chief Executive Off
Rackspace’s memorandum of understanding with AMD outlines a governed AI cloud solution for regulated customers, and the company’s next challenge is converting this into customer workloads and recurring managed-cloud revenue.
