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...
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Rackspace Technology (NASDAQ:RXT) said it is accelerating its push into enterprise artificial intelligence infrastructure, announcing a $250 million at-the-market equity offering and updated 2026 financial outlook as it moves away from lower-margin revenue streams. On a conference call, Chief Execu
Alex Karp called out OpenAI and Anthropic by name on live television, sent Palantir stock surging 8%, and argued that enterprises are done paying for tokens. The question is whether his numbers back up the swagger or just paper over a valuation that has Michael Burry betting against it.
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.
PLTR's U.S. business is expanding at an exceptional pace, making domestic revenue growth one of the company's most important performance indicators.
By Karen Roman BigBear.ai Holdings, Inc. (NYSE: BBAI) said its Pangiam Threat Detection solution received Dutch national approval from the Netherlands’ National Coordinator for Counterterrorism and Security. The authorization comes […]
Share gains and expanded partnerships are among the positive catalysts boosting Dell.
PAYC vs. PLTR: Which Stock Is the Better Value Option?
Rackspace Technology (RXT) may generate $450 million to $600 million in annual enterprise AI revenue
Palantir Technologies is gearing up to release its second-quarter earnings, and Wall Street expects profit to surge by a triple-digit percentage.
Palantir Technologies (NasdaqGS:PLTR) announced a multi-year, multimillion-dollar expansion with GNP Seguros, Mexico’s largest insurer. The deal marks Palantir’s first publicly disclosed commercial customer in Latin America across multiple insurance lines. Palantir also finalized an operating model with Rackspace to deploy its AI platforms in regulated and sovereign environments. The Rackspace partnership targets mission-critical sectors including healthcare, finance, and energy. Palantir...
AMZN, GOOGL, CSCO, NET and PLTR are five cloud computing stocks positioned to benefit from AI-driven expanding data center growth in 2H 2026.
On Tuesday, Sen. Bernie Sanders (I-Vt) criticized billionaire investor Peter Thiel after the tech entrepreneur accused Pope Leo XIV of effectively aiding China by advocating stronger global regulation of artificial intelligence. Peter Thiel Targets Pope Leo XIV Over AI Regulation...
The business keeps getting better. The valuation is still the sticking point.
Companies with more cash than debt can be financially resilient, but that doesn’t mean they’re all strong investments. Some lack leverage because they struggle to grow or generate consistent profits, making them unattractive borrowers.
tech firm Palantir is challenging a decision to block a contract with London police, arguing on Thursday that London mayor Sadiq Khan's office wrongly took into account the company's "values and ethics". Palantir had agreed a two-year, £50 million ($67.
Stock offering overshadows ambitious enterprise AI expansion plans
Despite a good bounce from its recent lows, Palantir stock still has lots of upside left.
NVIDIA (NASDAQ:NVDA), Palantir (NASDAQ:PLTR), and Advanced Micro Devices (NASDAQ:AMD) are the three names that defined this AI cycle. AMD is up 141.6% YTD. NVIDIA is up 9.58%. Palantir has actually fallen 25.61%. The setup is unusual, and I think it creates asymmetric upside into 2028. Below is the math for how NVDA hits $300, PLTR ... Up Massive YTD: Here Are Nvidia, Palantir & AMD’s Price Predictions For 2028
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the 15 Best NASDAQ 100 Stocks to Buy Other Than SpaceX. On July 7, 2026, Palantir Technologies Inc. (NASDAQ:PLTR) announced an enterprise expansion agreement with GNP Seguros. The alliance marks Palantir’s first publicly announced commercial customer in Latin America. GNP Seguros has used Palantir’s Foundry and Artificial Intelligence […]
GE's defense business is gaining from strong orders, major contracts and rising military demand, supporting growth expectations for 2026.
Palantir has claimed that Sir Sadiq Khan’s contract ban will lead to the Metropolitan Police cutting frontline jobs.
The recent correction in Palantir stock has reduced some valuation risk, while the company's fundamentals have strengthened.
Palantir Technologies signed a multi-year, multimillion-dollar expansion deal with GNP Seguros, Mexico’s largest insurer, marking its first publicly announced commercial customer in Latin America and expanding use of its Foundry and AI platform across health, life, auto, and property insurance lines.
Investing.com -- A major AI team-up wasn’t enough to cushion the blow for Rackspace Technology (NASDAQ:RXT). Shares plummeted over 10% Thursday after the cloud operator severely dialed back its fiscal 2026 revenue projections, completely overshadowing a high-profile strategic partnership with Palantir Technologies (NASDAQ:PLTR) announced earlier in the day. The San Antonio-based enterprise AI infrastructure provider aggressively trimmed its fiscal 2026 revenue guidance to a range of $2.45 billio
Rackspace Technology (RXT) said Thursday that it expects a Q2 adjusted loss of between $0.11 and $0.