Shares of Rackspace Technology ( RXT +89.87%) more than doubled on Thursday morning, peaking at a 103.5% gain near 10:50 a.m.
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 ...
The AMD deal gives Rackspace a fresh AI narrative as investors hunt for overlooked cloud infrastructure plays.
Rackspace Technology Inc. reported its first profitable quarter in two years Thursday, sending its share prices to a ...
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Rackspace Technology (RXT) extends rally as short covering accelerates gains
Rackspace Technology (NASDAQ:RXT) shares climbed as much as 10% on Monday morning, continuing the strong momentum seen after ...
Q1 2026 earnings call recap: governed enterprise AI strategy, Palantir wins, AMD MOU, guidance reaffirmed & deleveraging—read now.
What sparked the surge: A surprise Q1 profit and stronger-than-expected revenue, coupled with a strategic AI partnership with AMD, ignited a 210% weekly gain. Why traders are piling in: Short covering ...
Rackspace Technology (RXT) stock soared 75% after beating Q1 revenue estimates, posting positive net income, and announcing ...
Cloud services provider Rackspace Technology Inc. today reaffirmed its commitment to the OpenStack cloud computing platform with the launch of OpenStack Enterprise, a fully managed, enterprise-ready ...
Rackspace and AMD partner to build an enterprise AI cloud for regulated and sovereign workloads, with managed inference, SLAs ...
Rackspace’s memorandum of understanding with AMD outlines a governed AI cloud solution for regulated customers, and the ...
Rackspace for the first time plans to extend its support services to OpenStack cloud implementations that reside within the walls of an enterprise or third-party commercial data centers, the company ...
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