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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.

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...

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.

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

Stock offering overshadows ambitious enterprise AI expansion plans

Rackspace lowered its 2026 revenue and EBITDA outlook while planning a $250 million stock offering to support its enterprise AI strategy.

Rackspace Lowers Full-Year GuidanceRackspace Technology (NASDAQ:RXT) revised its fiscal 2026 outlook lower, reducing its revenue forecast by $150 million and cutting its adjusted EBITDA guidance by $20 million, while outlining plans to accelerate its enterprise artificial intelligence business. The company attributed the weaker outlook to ongoing supply constraints, geopolitical uncertainty and a strategic decision to exit lower-margin operations.

Rackspace Technology (RXT) said Thursday that it expects a Q2 adjusted loss of between $0.11 and $0.

Rackspace Technology, Inc. (NASDAQ:RXT) has gained more than 569% over the past 6 months, mainly driven by strong fiscal Q1 2026 earnings and the company’s partnership with AMD. Rackspace Technology, Inc. (NASDAQ:RXT) also ranks as one of the Best Performing Agentic AI Stocks to Buy. ​During the quarter, the company posted $678.1 million in revenue […]

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the Most Promising AI Stocks to Buy and Hold for the Next 2 Years. On June 16, it was announced that Advanced Micro Devices, Inc. (NASDAQ:AMD) and Rackspace Technology signed a definitive agreement. This is for the deployment of an initial 30 MW footprint dedicated to AMD-based […]

Nvidia's net income margin reached 72% last quarter, while AMD reported 14%, highlighting a stark difference in recent profitability.

With a forward P/E of 40.39, Advanced Micro Devices, Inc. (NASDAQ:AMD) is among the 10 Most Overvalued Quantum Computing Stocks According to Short Sellers. On June 16, Advanced Micro Devices, Inc. (NASDAQ:AMD) and Rackspace Technology announced a definitive agreement for the phased deployment of an initial 30-megawatt footprint dedicated to AMD-powered computing infrastructure across Rackspace’s global data […]

Rackspace Technology and Advanced Micro Devices have signed a massive agreement to deploy artificial intelligence computing power for regulated enterprises.

Rackspace technology has signed a deal with AMD while also announcing layoffs.

At $7.53, Rackspace Technology (NASDAQ:RXT) is a Hold, with an aggressive Buy trigger if a macro panic drags shares back to $5.00. After a 675.57% year-to-date rip, the real question is how much is already priced in. Rackspace operates hybrid multicloud services across a shrinking legacy Private Cloud business and a growing Public Cloud managed ... Buy, Hold, or Sell: Rackspace Is Up 675% This Year, Is It a Buy Today?

Advanced Micro Devices and Rackspace Technology signed a definitive agreement to deploy 30 MW of AMD-powered AI compute across Rackspace’s global data centers from late 2026 through 2028, building on their earlier MOU.

Earlier this month, Rackspace Technology announced a phased agreement with AMD to deploy 30 MW of AMD AI compute across its global data centers through 2028, while approving a workforce realignment that will cut about 15% of its global staff and incur an estimated US$14.00 million to US$19.00 million in one-time charges during 2026. The company plans to redirect much of the expected US$75.00 million to US$85.00 million in annualized cost savings toward building governed enterprise AI...

Rackspace Technology Inc. (NASDAQ:RXT) is one of the 10 Stocks Making Investors Richer. Rackspace Technology soared to a four-year high on Wednesday, extending a winning streak to a third consecutive day, as investors gobbled up shares after clinching a new 30 MW cloud computing deal with Advanced Micro Devices (AMD). In intra-day trading, Rackspace Technology […]

Rackspace Technology (RXT) runs the infrastructure that many enterprises rely on when they want managed cloud services without building everything in-house. The San Antonio-based company operates across public and private cloud segments, handling the compute, storage, and security layers that sit ...

Rackspace inked a data center deal with Advanced Micro Devices.

Rackspace will deploy AMD Instinct GPUs and EPYC CPUs across its global data centers

Investing.com - U.S. stock futures were little changed on Tuesday, while oil prices extended recent losses, as investors awaited further details on a preliminary peace agreement between the United States and Iran.