Rackspace Surges Another 50% Higher on Palantir AI Partnership Hype

Rackspace Technology ( NASDAQ:RXT ) continues to experience an extraordinary rally following the announcement of a strategic alliance with Palantir Technologies ( NYSE:PLTR | PLTR Price Prediction ).

24/7 Wall Street • Feb 20, 2026

Rackspace Surges 217% From Lows As Stock Tests Key Long-Term Trend Barrier

Rackspace Technology, Inc (NASDAQ:RXT) has staged a sharp technical recovery, with shares climbing roughly 217% from their recent low near $0.40 to about $1.27, bringing the stock directly into contact with a critical long-term trend level. The move has been accompanied by a major expansion in trading activity, signaling a measurable shift in market participation.

Benzinga • Feb 19, 2026

Rackspace and Palantir Partner to Run Foundry and AIP in Production with Governed Managed Operations

SAN ANTONIO, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a hybrid multicloud and AI solutions company, and Palantir Technologies Inc. (NASDAQ: PLTR), a global leader in operational artificial intelligence platforms, today announced a strategic partnership to help enterprises rapidly deploy and operate Palantir's Foundry and Artificial Intelligence Platform (AIP) in production to achieve measurable business outcomes. Through this partnership, Rackspace's governed operating model will provide consistent security, operating controls and compliance from edge to core to cloud enabling customers to deploy AI use cases with Palantir in production in weeks or months versus months or years.

GlobeNewsWire • Feb 18, 2026

Rackspace Soars on Palantir Deal: Will the Hail Mary Save the Stock?

In what could be described as a "Hail Mary" for a company currently treading water at penny-stock levels, Rackspace Technology, Inc. (NASDAQ: RXT) announced a strategic partnership Wednesday with data-giant Palantir Technologies, Inc. (NASDAQ: PLTR).

Benzinga • Feb 18, 2026

Rackspace Technology to Announce Fourth Quarter 2025 Earnings on February 26, 2026

SAN ANTONIO, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology®  (NASDAQ: RXT) a leading end-to-end hybrid cloud and AI solutions company, today announced that it will release its fourth quarter 2025 financial results at 8 am ET on Thursday, February 26, 2026. Gajen Kandiah, Chief Executive Officer, and Mark Marino, Chief Financial Officer, will host a conference call on the day of the release (February 26, 2026) at 8:30 am ET to discuss the Company's financial results.

GlobeNewsWire • Feb 10, 2026

Joseph Vito Joins Rackspace Technology to Lead Strategic Alliance Partnerships

SAN ANTONIO, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced the appointment of Joseph Vito as Senior Vice President of Strategic Alliance Partnerships. In this role, Vito will lead Rackspace's global strategy for building and strengthening technology and channel partnerships that drive innovation and deliver exceptional value to customers.

GlobeNewsWire • Jan 27, 2026

Rackspace Technology Secures VMware Sovereign Cloud Certification

LONDON, Jan. 14, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced its UK Sovereign Services has achieved the VMware Sovereign Cloud certification, reinforcing Rackspace's ability to store, process, and protect UK organisations' most sensitive data. Rackspace Sovereign Services delivers a fully managed, private cloud platform designed specifically for organisations that require strict control over where data is located and how it is processed.

GlobeNewsWire • Jan 14, 2026

Rackspace Technology Positioned as a Leader in Three Categories of 2025 ISG Provider Lens™ Multi Public Cloud Services Report

SAN ANTONIO, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced it has been positioned as a leader in three quadrants of the 2025 ISG Provider Lens™ Multi Public Cloud Services Report for the U.S: Consulting and Transformation Services — Midmarket ​ Managed Services — Midmarket FinOps Services and AI-driven Optimization ​​ The 2025 ISG Provider Lens™ Multi Public Cloud Services Report is a comprehensive evaluation of service and solution providers that help enterprises modernize, manage, and scale their environments across multiple public clouds. The report assesses providers based on their ability to integrate artificial intelligence (AI), automation, Generative AI (GenAI), and advanced FinOps optimization frameworks into their offerings.

GlobeNewsWire • Dec 15, 2025

Niterra Partners with Rackspace Technology to Accelerate Digital Transformation with Rapid Migration to Google Cloud

SAN ANTONIO, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology®, a leading end-to-end hybrid cloud and AI solutions company, today announced that Niterra EMEA GmbH (hereafter Niterra), a technical ceramics and major automotive supplier, partnered with Rackspace to advance its digital transformation through a rapid migration to Google Cloud. Niterra selected Rackspace based on its deep expertise in business-critical workload migration, modernization and management as well as customer-first approach.

GlobeNewsWire • Dec 10, 2025

Rackspace Technology Receives 2025 AWS Collaboration Partner of the Year Award

LAS VEGAS, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid, multicloud, and AI solutions company, today announced it is a recipient of a 2025 Geography and Global AWS Partner Award, recognizing leaders around the globe that are playing key roles in helping their customers drive innovation and build solutions on Amazon Web Services (AWS). Rackspace was named the Collaboration Partner of the Year, recognizing our collaboration with MontyCloud, an Autonomous CloudOps company, to address customer challenges with scaling and security.

GlobeNewsWire • Dec 2, 2025