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Rackspace Technology Inc - RXT STOCK NEWS

Welcome to our dedicated news page for Rackspace Technology (Ticker: RXT), a resource for investors and traders seeking the latest updates and insights on Rackspace Technology.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Rackspace Technology's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Rackspace Technology's position in the market.

News
Rackspace Technology and Google Cloud AI Enable BMG to Process Royalties Ten Times Faster than Before
Rhea-AI Summary
Rackspace Technology has enabled groundbreaking service enhancements for artists and songwriters signed to music company BMG, helping them process royalty payments ten times faster and track music 50% faster. The achievement stems from Rackspace Technology's successful migration of 95% of BMG's applications and services to Google Cloud, supporting new data tools and direct deals with leading streaming platforms such as Spotify and Apple.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.22%
Tags
AI
-
News
Rackspace Technology Introduces AI Anywhere, a Cutting-edge Private Cloud Solution Harnessing the Power of Artificial Intelligence and Machine Learning in a Secure Hosting Environment
Rhea-AI Summary
Rackspace Technology announced Rackspace AI Anywhere for Private Cloud, a cutting-edge solution that harnesses the power of AI and ML in a secure environment. The solution prioritizes adaptability, security, and performance, catering to various infrastructure and support choices. It empowers organizations to make better decisions and develop new products and services easily.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.65%
Tags
AI
-
News
Rackspace Introduces Intelligent Co-worker for the Enterprise Accelerator on AWS Marketplace
Rhea-AI Summary
Rackspace Technology (RXT) launches Rackspace Intelligent Co-worker for the Enterprise (ICE) Accelerator on AWS Marketplace. The new service is part of the Foundry for AI by Rackspace (FAIR), aimed at advancing business transformation, enhancing customer experience, improving service quality, and accelerating value creation through the secure application of AI technologies. The ICE Accelerator is designed to support knowledge workers in the enterprise by accessing and synthesizing information from multiple sources to generate relevant and concise answers and summaries. It is deployed in 8 weeks and leverages the latest developments in Amazon Bedrock and other native AWS services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.71%
Tags
none
News
Rackspace Technology Promotes Mark Marino to Chief Financial Officer
Rhea-AI Summary
Rackspace Technology (RXT) appoints Mark Marino as Chief Financial Officer (CFO), reaffirms financial guidance for Q4 2023, and bids farewell to Naushaza 'Bobby' Molu. Marino's extensive financial leadership experience and strategic vision are expected to drive the company's growth in the hybrid multicloud and AI market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.16%
Tags
none
-
News
Rackspace Technology Elevates Database Management with Rackspace Cloud Database Ops for AWS
Rhea-AI Summary
Rackspace Technology (NASDAQ: RXT) announces managed service offering, Rackspace Cloud Database Ops (DBOps) for Amazon Web Services (AWS), providing efficiency and reliability in database management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.62%
Tags
none
-
News
Rackspace Technology Launches SDDC Enterprise and Business for SAP with VMware Virtualized Compute, Storage, Networking and Cloud Management
Rhea-AI Summary
Rackspace Technology (NASDAQ: RXT) launches SDDC Enterprise and Business for SAP with VMware virtualized compute, storage, networking, and cloud management. The enterprise-grade solution and SAP-certified pre-configuration based on Dell VxRail is a turnkey experience ready to power innovation. The solution offers add-on services ranging from VMware vRealize Suite, physical and virtual ops management, and Rackspace Data Protection to manage Disaster Recovery (DR) and VMware Hybrid Cloud Extension (HCX) interconnect services. Rackspace's ERP Application Services and 20+ years of SAP expertise can extend the core capabilities and services of SDDC for SAP to help customers architect, migrate, and manage their SAP applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
News
Artificial Intelligence (AI) and Cloud Transformation Dominate IT Investment Priorities for 2024, According to the New Rackspace Technology Survey, in Association with VMware
Rhea-AI Summary
Rackspace Technology (RXT) releases 2024 IT Outlook Report highlighting businesses' commitment to prioritizing IT investments in transformative technologies such as AI and cloud transformation. 63% of organizations plan to re-calibrate their investments in 2024, with 65% identifying artificial intelligence as the top priority for positive impact.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.18%
Tags
AI
-
News
Rackspace Technology Wins Three 2023 AWS Partner Awards
Rhea-AI Summary
Rackspace Technology (RXT) receives three 2023 Geo and Global AWS Partner Awards, including SI Partner of the Year North America, Sustainability Partner of the Year North America, and Education Partner of the Year. The awards recognize Rackspace's role in driving innovation and building solutions on Amazon Web Services (AWS). The company's commitment to accelerating innovation on AWS and the expertise of its certified employees are highlighted in the press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.26%
Tags
none
-
News
Rackspace Technology to Showcase Purpose-built Generative Artificial Intelligence (AI) Applications from Foundry for AI by Rackspace (FAIR) at AWS re:Invent
Rhea-AI Summary
Rackspace Technology (RXT) celebrates twelve years of attending AWS re:Invent with futuristic booth activation, a breakout session with JobTarget, and networking events. They will showcase purpose-built generative AI applications from Foundry for AI by Rackspace (FAIR™) to advance business transformation, enhance customer experience, improve service quality, and accelerate value creation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.53%
Tags
AI
News
Rackspace Technology Participates in Microsoft Ignite to Showcase the Company’s Microsoft Offerings and Partnerships
Rhea-AI Summary
Rackspace Technology (NASDAQ: RXT) to showcase Generative AI Services and Solutions at Microsoft Ignite, a leading tech event with 359,000 attendees. Visit demo station 312 for more.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.36%
Tags
partnership
Stock RXT logo
Rackspace Technology Inc

Nasdaq:RXT

RXT Rankings

#3199 Ranked by Market Cap
#5274 Ranked by Stock Gains
N/A Ranked by Dividends

RXT Stock Data

366.99M
64.74M
4%
90.53%
2.96%
Software - Infrastructure
Technology
Link
US
San Antonio

About RXT

rackspace, the #1 managed cloud company, helps businesses tap the power of cloud computing without the challenge and expense of managing complex it infrastructure and application platforms on their own. rackspace engineers deliver specialized expertise on top of leading technologies developed by openstack, microsoft, vmware and others, through a results-obsessed service known as fanatical support®. we have more than 300,000 customers worldwide, including two-thirds of the fortune 100. rackspace was named a leader in the 2015 gartner magic quadrant for cloud-enabled managed hosting, and has been honored as one of fortune’s best companies to work for in six of the past eight years. learn more at www.rackspace.com.