Rackspace Technology News - July 2026
Rackspace Technology projects second quarter 2026 revenue between $641-$649 million and announces new financing activities.
Rackspace Technology issued preliminary financial results for the second quarter ended June 30, 2026, expecting revenue in the range of $641 million to $649...
🔴 Rackspace Technology is trading 17.2% down today after cutting FY26 outlook and announcing a strategic pivot
Rackspace Technology is trading 17.2% down now at $4.90 after issuing a strategic and financial update that reduced its fiscal 2026 revenue and adjusted EBITDA...
🔴 Rackspace Technology Plunges 11.6% After Lowering FY26 Outlook, Announces Palantir AI Partnership
• Rackspace Technology (RXT) shares are down 11.6% to $5.82 today, responding to a strategic and financial update from the company. • Rackspace lowered its...
🟢 Rackspace Technology surges 6.7% after launching AI operating framework with Palantir
• Rackspace Technology is trading at $7.02 (6.7% up) following the announcement of a new operating model framework with Palantir Technologies Inc. to help...
🟢 RXT Soars on Continued Momentum from AMD AI Compute Deal, Strong Q1 Outlook, and Analyst Upgrades
Rackspace Technology (RXT) extends its gains, trading at $6.83 (6.4% up) today, following a 12.33% surge on July 6. The rally is driven by sustained investor...