On June 13, the company unveiled a new AI unit called Foundry for Generative AI by Rackspace (FAIR). The idea is to provide a cohesive set of generative AI solutions across multiple cloud computing ...

Internet cloud services provider Rackspace’s (RAX) stock price hit the metaphorical clouds on Friday after it announced the hiring of Morgan Stanley (MS) to consider selling all or part of the company ...

Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big ...

In accordance with Nasdaq Listing Rule 5635 (c) (4), the equity awards were an inducement material to Mr. Kandiah’s entering into employment with the Company. The awards were approved by a majority of ...

Today, we take an in-depth look at a tech concern whose stocks has fallen on hard times despite decent revenue growth and reasonable valuations at first glance. A full analysis follows in the ...

Rackspace Technology, Inc. (NASDAQ:RXT) provides a range of multi-cloud environment services for all major technology platforms. I previously wrote about Rackspace with a Hold outlook. Until ...

Rackspace Technology Inc. looks to be doing another U-turn. Less than two years after the company returned to the public market, it signaled today that it’s looking for a buyer for all or a part of ...

A strategic shift toward artificial intelligence (AI) gave the cloud computing firm's shares a serious boost in June 2023. Rackspace’s AI moves include a new AI unit and a partnership with Google ...