Rackspace Technology

RXT

Market cap $1.05B

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

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

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.

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.

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.

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.

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.

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.

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.

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.