Rackspace Technologies, Inc. (RXT) News

Rackspace Technologies, Inc. (RXT): $24.95

-0.23 (-0.91%)

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RXT News Highlights

  • RXT's 30 day story count now stands at 5.
  • Over the past 29 days, the trend for RXT's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
  • AR, CTO and ADS are the most mentioned tickers in articles about RXT.

Latest RXT News From Around the Web

Below are the latest news stories about Rackspace Technology Inc that investors may wish to consider to help them evaluate RXT as an investment opportunity.

Rackspace Technology Defines a New Category in Cloud Services with Launch of Rackspace Elastic Engineering

Designed with cloud native thinking, this ‘do with’ approach gives customers on-demand access to a dedicated pod of cloud engineers working alongside their team to deliver cloud outcomes while empowering ongoing innovationSAN ANTONIO, April 14, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, announced the launch of their new service model designed to help customers build and operate modern cloud environments, Rackspace Elastic Engineering. While traditional cloud managed services are fixed scope and focused on infrastructure operations, Rackspace Elastic Engineering helps customers embrace a cloud native approach while delivering ongoing innovation, modernization, and transformation, in addition to world-class 2...

Yahoo | April 14, 2021

Rackspace Technology Works with Brave Software to Improve Machine Learning Functionality in the Web Browser

SAN ANTONIO, April 08, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company, announced today its relationship with Brave Software which provides a free, open-source private and secure web browser for PC, Mac, and mobile environments. Brave gives users a fast and private web experience, helps advertisers achieve better conversions and increases publishers’ revenue share. "It’s machine learning functionality helps to match advertisements in the Brave Ads content categories for which Brave users would have the most interest, while preserving user privacy Brave worked with AWS Premier Consulting Partner, Onica, a Rackspace Technology company, to improve the scalability of Brave’s software, increased the team’s efficiency...

Yahoo | April 8, 2021

Rackspace Technology Announces New Virtual Roundtable: What Your Cloud Strategy May Be Overlooking

SAN ANTONIO, April 06, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, will hold the virtual roundtable: What Your Cloud Strategy May Be Overlooking on April 12th at 10:00 am CT. Join guest speaker Forrester’s Bill Martorelli, as he busts cloud myths and explores the future of cloud computing in this keynote presentation, covering: Deciding on which cloud technology you use is more of an ‘and’ conversation than an ‘or’ one.Whether they realize it or not (many don’t), most companies are already in a hybrid or multicloud environment.How private cloud supports many cutting-edge cloud technologies, including serverless and containers. Why companies moving to the cloud must focus on the whole cloud. That means findin...

Yahoo | April 6, 2021

The First Ever IoT-enabled Firefighter Helmet Provides 'Superpowers' Through Augmented Reality

Rackspace Technology Provided Critical Development to Help Qwake Technology Launch their Groundbreaking C-THRU SolutionSAN ANTONIO, March 30, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it has worked with Qwake Technologies, a provider of revolutionary visual communication technology for firefighters, to accelerate Qwake’s cloud native approach. The company’s product allows firefighters to more effectively navigate and communicate in low visibility environments through its local and connected platform which leverages the use of an Internet of Things (IoT) architecture. In addition, Qwake secured a government contract with DHS to commercialize the C-THRU Visual Communication integrated hardwar...

Yahoo | March 30, 2021

Rackspace Technology Works with Century Engineering to Create Enhanced IoT Experience to Keep Waterways Clean

SAN ANTONIO, March 16, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it has worked with multidisciplinary professional consulting firm Century Engineering, Inc. to extend and enhance an innovative stormwater management solution its team developed, named SmartSWM™. Rackspace supported Internet of Things (IoT) hardware and firmware components of the project and an IoT backend for Amazon Web Services (AWS) to realize a more resilient, reliable, and secure intelligent stormwater infrastructure solution. Century Engineering utilized AWS Premier Consulting Partner, Onica, a Rackspace Technology company, to support its objectives of building a technological approach to stormwater management that impro...

Yahoo | March 16, 2021

Rackspace Technology, Inc. (NASDAQ:RXT) SVP Sells $413,179.34 in Stock

Rackspace Technology, Inc. (NASDAQ:RXT) SVP Thomas Wolf sold 19,999 shares of the company’s stock in a transaction on Monday, March 1st. The stock was sold at an average price of $20.66, for a total transaction of $413,179.34. Following the completion of the transaction, the senior vice president now directly owns 28,191 shares in the company, […]

Watchlist News | March 5, 2021

Rackspace Technology to Present at the Deutsche Bank Media, Internet and Telecom Conference

SAN ANTONIO, March 05, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology Global, Inc. (NASDAQ: RXT) today announced that Kevin Jones, Chief Executive Officer, and Amar Maletira, Chief Financial Officer, will present at the Deutsche Bank Media, Internet and Telecom Conference on Tuesday, March 9, 2021 beginning at 1:00pm ET. Mr. Jones and Mr. Maletira will also be available for investor meetings. The event will be webcast live which can be accessed via the conference website at this link. Slide materials for the presentation will be made available the morning of the conference and posted to the Events and Presentations section of our Investor Relations website at https://ir.rackspace.com/news-and-events/events-and-presentations. About Rackspace Technology Rackspace Technology is a leading en...

Yahoo | March 5, 2021

Your company’s AI strategy is failing — here are 3 reasons why

Most companies are struggling to develop working artificial intelligence strategies, according to a new survey by cloud services provider Rackspace Technology. The survey, which includes 1,870 organizations in a variety of industries, including manufacturing, finance, retail, government, and healthcare, shows that only 20% of companies have mature AI/machine learning initiatives. The rest are still trying to figure out how to make it work. There’s no questioning the promises of machine learning in nearly every sector. Lower costs, improved precision, better customer experience, and new features are some of the benefits of applying machine learning models to real-world applications. But machine learning is… This story continues at The Next Web

The Next Web | March 4, 2021

Rackspace Technology and Sentrics Enhance Senior Digital Experience with Innovative AI/ML Initiatives

SAN ANTONIO, March 04, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced the successful completion of a major artificial intelligence (AI) and machine learning (ML) capabilities initiative for Sentrics, the company revolutionizing the future of senior living. The implementation enables voice control in Sentrics’ Engage360 application, enhancing hands-free capabilities that will benefit the company’s senior care facility customers. Sentrics provides data-driven solutions that deliver a complete view of residents in assisted living care facilities. As the pandemic evolved, Sentrics knew it would have to optimize its application to ensure the well-being of senior citizens who were isolated in assisted...

Yahoo | March 4, 2021

Rackspace’s 4Q Sales Outperform On Cloud Demand; Guidance Disappoints

Rackspace Technology delivered better-than-expected sales and earnings in the fourth quarter as the technology solutions provider saw an increase in demand for its multicloud services, apps and cross platform segments. Meanwhile, shares of Rackspace (RXT) declined 3.5% in Monday's pre-market trading after tanking 16.1% on Feb. 19, as investors weren't impressed with the company's 2021 profit outlook. Rackspace sees revenues land between $2.9 billion to $3.1 billion and earnings per share to be in the range of $0.95 to $1.05. Analysts had been looking for earnings of $1.11 a share. For the fourth quarter, the company posted EPS of $0.26, which came in ahead of analysts’ expectations of $0.23.

Kailas Salunkhe on TipRanks | February 22, 2021



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