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In September 2026, Rackspace Technology, Inc. announced it had joined the NVIDIA Cloud Partner Program, enhancing its ability to deliver NVIDIA accelerated computing and governed AI cloud services for regulated and sovereign enterprises. A key outcome is Rackspace’s Institutional Sovereign Pod, which combines NVIDIA Blackwell, Palantir Foundry and AIP in a governed environment that aims to keep enterprise data, models and AI operations under tighter control. Next, we’ll examine how...

Rackspace Technology, Inc. (NASDAQ:RXT) shares climbed more than 6% after the company announced that it was joining Nvidia’s Cloud Partner Program. The move adds to a series of AI infrastructure partnerships that have consistently triggered sharp rallies in the stock. However, the market has also seen the other side of this story. Earlier this year, […]

Rackspace Technology joined the Nvidia Cloud Partner Program to deliver and manage Nvidia-powered AI computing infrastructure.

Nvidia just backed a smaller cloud’s bet that regulated buyers care less about scale and more about who owns the outcome.

Rackspace Technology (NASDAQ:RXT) shares rose 13% on Thursday morning after the company said it joined the NVIDIA Cloud Partner Program and plans to offer NVIDIA Blackwell-powered artificial intelligence infrastructure for regulated enterprises and governments. Under the collaboration, Rackspace will combine NVIDIA accelerated computing with Palantir software and governed private-cloud infrastructure.

Voss Capital, LLC, an investment management company, released its second-quarter 2026 investor letter. The letter can be downloaded here. Voss Capital’s funds, Voss Value Fund, LP, and the Voss Value Offshore Fund, Ltd returned +22.4% and +23.2%, respectively, to investors net of fees and expenses, in the second quarter compared to a +21.5% return for […]

Anthony disposed of 21% of his equity holdings following a massive rally for the Rackspace stock price.

Rackspace Technology has launched Rackspace Cloud, a fully managed multitenant platform built on Broadcom (NasdaqGS:AVGO) VMware Cloud Foundation 9.1. The platform targets regulated industries that need modern cloud features such as Kubernetes and AI workloads while keeping governance and compliance controls. This is among the first commercial uses of VMware Cloud Foundation 9.1 in a fully managed multitenant setup, highlighting early commercial traction after Broadcom's VMware...

Rackspace Technology Inc (RXT) navigates a strategic shift toward high-margin AI and private cloud services, reporting mixed Q2 results with a focus on long-term enterprise AI opportunities.

Rackspace Technology (NASDAQ:RXT) reported second-quarter revenue of $670 million, up 1% from a year earlier, as the company outlined an expanded enterprise AI infrastructure strategy built around managed compute, inference and sovereign AI deployments. Chief Executive Officer Gajen Kandiah said th

Rackspace Technology stock has delivered a very strong run year to date, yet its valuation checks still point to shares screening on the cheap side rather than fully pricing in that move. Year to date the share price is up 394.7%, which puts a lot more weight on whether current expectations for the business can hold. Investor focus is split between the potential upside from Rackspace Technology’s push into enterprise and sovereign AI infrastructure and the valuation risk tied to multiple...

Rackspace Technology (NasdaqGS:RXT) appoints Pranav Nambiar as Senior Vice President and General Manager to lead its AI Infrastructure business. Nambiar brings experience from roles at AWS, DigitalOcean, Google, and Microsoft focused on cloud and AI platforms. The hire signals Rackspace Technology's push into sovereign and compliant AI offerings for enterprise clients. The move comes as demand grows for governed AI environments that meet regulatory and data residency requirements. For...

Rackspace Technology (RXT) is back in focus after a series of securities class action lawsuits followed its decision to lower 2026 revenue and EBITDA guidance, citing a shift toward enterprise AI and away from higher margin segments. See our latest analysis for Rackspace Technology. At a share price of $4.82, Rackspace Technology has seen a sharp 30 day share price return that declined 28.70% and a 90 day share price return that declined 12.20%. At the same time, the year to date share price...

Palantir shares surged as much as 29% after reporting second-quarter revenue of $1.935 billion, with U.S. commercial revenue soaring 149%, pushing the stock cleanly above its 200-day moving average.

AMD’s Microsoft deal for Helios rack-scale AI systems and next-gen Instinct and EPYC chips joins AMD's list of wins along with other AI industry favorites.

Advanced Micro Devices, Inc. (NASDAQ:AMD) is among the Best AI Stocks. On July 6, Goldman Sachs raised its price target on Advanced Micro Devices, Inc. (NASDAQ:AMD) to $640 from $450. The firm maintained a Buy rating on the stock. On June 16, Advanced Micro Devices, Inc. (NASDAQ:AMD) and Rackspace Technology signed a definitive agreement to install […]

Rackspace shares slide as market reacts to guidance cut and weak preliminary results.

Broadcom dominated every AI headline in 2026 while retail investors kicked themselves for missing it. But the actual dollar returns tell a story that should make those investors feel a lot better about what they already owned.

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the 10 Best Growth Stocks With Highest Upside Potential. On July 9, 2026, Rackspace (RXT) and Palantir Technologies Inc. (NASDAQ:PLTR) announced an operating model framework to help regulated and sovereign enterprises own and operate AI in production. Delivered through Rackspace, the framework combines Palantir Foundry and AIP with […]

Rackspace Technology Inc. is moving the conversation away from raw GPU capacity and toward who actually owns the AI outcomes those chips enable. In an exclusive interview with Benzinga, CFO Mark Marino laid out Rackspace’s strategy that he describes as...

Rackspace Technology Inc (RXT) outlines its strategic pivot to AI and higher-margin opportunities, despite a revised revenue outlook for FY26.

Rackspace stock is falling after cutting its revenue and announcing a planned stock offering.

Rackspace Technology has turned into a valuation puzzle, with the stock up 448.1% year to date while the latest checks still suggest the shares screen cheap on most measures even after that very sharp move. Year to date, Rackspace Technology has gained 448.1%, which puts extra focus on whether recent enthusiasm has already been priced in. The push into enterprise AI partnerships and data center capacity can support higher long term earnings expectations, but the reduced 2026 outlook and...

Earlier this week, Rackspace Technology cut its 2026 revenue guidance to US$2.45–2.55 billion, reduced expected adjusted EBITDA, and outlined exits from low-margin public cloud resale and legacy hosting while launching a US$250 million at-the-market equity program to fund an enterprise AI push. At the same time, Rackspace deepened its AI focus by becoming Palantir’s preferred operator for regulated and sovereign deployments and committing to expand AMD-powered AI capacity, effectively...

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. On a conference call, Chief Execu

Rackspace Technology (RXT) has put investors on alert after lowering its 2026 revenue and EBITDA guidance, exiting low margin public cloud resale and colocation, and raising fresh equity to fund a renewed push into enterprise AI. See our latest analysis for Rackspace Technology. Recent volatility has been intense for Rackspace Technology, with a 1-day share price return of 22.05% and a 90-day share price return of 304.07% set against a 5-year total shareholder return that is down 71.90%. This...

One brutal week and one chaotic Thursday left Rackspace investors staring at a guidance cut, a shareholder investigation, and a last-minute AI gamble with Palantir. Now the stock is bouncing hard, and the question is whether this recovery has any real foundation under it.

Company lowered revenue and EBITDA forecasts while accelerating its enterprise AI expansion strategy with Palantir.

Rackspace stock sinks as management lowered full-year guidance. Here’s why RXT shares are attractive to load up on the dip.

Rackspace Technology (RXT) may generate $450 million to $600 million in annual enterprise AI revenue