Stocks Rebound As Rising Jobless Claims Sustain Rate-Cut Hopes, Dollar Falls, Gold Rallies: What's Driving Markets Thursday?
Wall Street is seeing a day of gains as all major indices traded in the green around noon in New York, driven by a surprising uptick in unemployment claims prompting speculation over Federal Reserve i
Will Earnings Cheer Continue This Week? All Eyes On Disney, Palantir, Robinhood While Reddit Gears Up For Debut Quarterly Report
Earnings reports and a dovish stance from the Federal Reserve lifted stocks last week. Major indices reacted positively, particularly to earnings from high-profile companies that hold significant weig
Private Equity-Backed Companies Drive US Defaults In 1Q -- Market Talk
1242 ET - Private equity-backed businesses accounted for 14, or 70%, of the 20 corporate defaults recorded in the US during 1Q, while publicly traded companies represented the remaining six defaults,
Rackspace Technology (RXT) Gets a Sell From Barclays
Why Rackspace Technology, Inc. (NASDAQ:RXT) Could Be Worth Watching
Rackspace Technology to Announce First Quarter 2024 Earnings May 9, 2024
SAN ANTONIO, April 24, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology (NASDAQ: RXT)— the leading end-to-end, hybrid multicloud and AI technology solutions company, today announced that it will releas
Foundry for AI by Rackspace (FAIR) Partners With OhioX to Drive Responsible AI Adoption in Ohio
Rackspace Technology (NASDAQ: RXT) today announced that Foundry for AI by Rackspace (FAIR) is proud to partner with OhioX, Ohio's statewide nonprofit technology and innovation trade association, to accelerate the responsible adoption of Artificial Intelligence (AI) among enterprises across the state.
The technology industry is more than just the “Big Seven”! More companies run out of cash, 'antagonism' among creditors
The continuous rise of the “Big Seven” technology stocks makes it easy for investors to forget that many technology companies are not profitable and are still struggling with debt burdens. Now, creditors in this area are fighting against each other in order to get repaid.
Rackspace Technology Announces Final Results of the Exchange Offer Relating to Its 3.50% First-Priority Senior Secured Notes Due 2028
SAN ANTONIO, April 12, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology (NASDAQ: RXT) ("Rackspace" or the "Company"), a leading end-to-end hybrid, multicloud, and AI technology solutions company, today
GLP Works With Foundry for AI by Rackspace (FAIR) Experts to Integrate Microsoft Azure OpenAI Service to Drive Innovative Asset Management Strategies
Rackspace Technology (NASDAQ: RXT), the leading end-to-end, hybrid multicloud solutions company, today announced that GLP is working with Foundry for AI by Rackspace (FAIR) and Microsoft to enable Global Logistic Properties Limited (GLP), a leading global business builder, owner, developer and operator of logistics real estate, data centres, renewable energy, to become more data-driven in their asset management strategies.
Rackspace Technology Reaffirmed The Financial Guidance Provided By The Company In The Previous Press Release Dated March 12, 2024
Rackspace Technology Reaffirmed The Financial Guidance Provided By The Company In The Previous Press Release Dated March 12, 2024
12 Information Technology Stocks Moving In Monday's Pre-Market Session
GainersAirspan Networks Hldgs (AMEX:MIMO) shares moved upwards by 15.0% to $0.13 during Monday's pre-market session. The company's market cap stands at $9.7 million. Spectaire Holdings (NASDAQ:SPEC) s
Rackspace Technology Announces Increase to Late Exchange Consideration for Exchange Offer Relating to Its 3.50% First-Priority Senior Secured Notes Due 2028
SAN ANTONIO, March 29, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology (NASDAQ:RXT) ("Rackspace" or the "Company"), a leading end-to-end hybrid, multicloud, and AI technology solutions company, today announced that
Rackspace Technology Announces Early Tender Results of the Exchange Offer Relating to Its 3.50% First-Priority Senior Secured Notes Due 2028
SAN ANTONIO, March 28, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology (NASDAQ: RXT) ("Rackspace" or the "Company"), a leading end-to-end hybrid, multicloud, and AI technology solutions company, today
AI Transitioning From Ideation to Industrialization for Critical Business Operations, According to New Rackspace Technology FAIR 2024 AI Research
AI Transitioning from Ideation to Industrialization for Critical Business Operations, According to New Rackspace Technology FAIR 2024 AI Research New Foundry for AI by Rackspace (FAIR) 2
Rackspace Technology Migrates IFCO to Microsoft Azure for Cost Optimisation and Enhanced Flexibility to Support Its Growth Agenda
MUNICH, Germany, March 20, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology (NASDAQ: RXT), a leading end-to-end hybrid, multicloud and AI technology services company, has today announced it fully trans
Rackspace Technology Introduces Rackspace SPOT, An Open Market Auction For Cloud Servers, Offering Customer-Driven Bidding Process That Allows Users To Set Compute Market Prices, With Capacity Delivered As Turnkey, Fully Managed Kubernetes Clusters
Rackspace Technology (NASDAQ:RXT), a leading end-to-end hybrid, multicloud, and AI technology solutions company, introduced today Rackspace SPOT, the world's only open market auction for cloud servers
Rackspace Technology Introduces Rackspace SPOT, Cloud Infrastructure Auctioned in a Real-time...
Rackspace Technology Introduces Rackspace SPOT, Cloud Infrastructure Auctioned in a Real-time Open Market and Delivered as Turnkey, Fully Managed Kubernetes Clusters
SPOT offers cloud infrastructure auctioned in an open market model with a dynamic customer-driven bidding process that sets compute market priceSAN ANTONIO, March 19, 2024 (GLOBE NEWSWIRE) -- Racksp
Analysts Offer Insights on Technology Companies: Rackspace Technology (RXT), AppFolio (APPF) and Micron (MU)
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