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Rackspace Technology (RXT) Is Down 6.6% After Revenue Cut And Dilutive AI Pivot Announcement – Has The Bull Case Changed?
Simply Wall St.36d agoneutral
Rackspace Technology (RXT) Is Down 6.6% After Revenue Cut And Dilutive AI Pivot Announcement – Has The Bull Case Changed?

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...

Rackspace Technology (RXT) Rebounds 22% After Brutal Week
24/7 Wall St.36d agoneutral
Rackspace Technology (RXT) Rebounds 22% After Brutal Week

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.

Palantir (PLTR) Lands First Latin America Commercial Customer With GNP And Rackspace
Simply Wall St.37d agoneutral
Palantir (PLTR) Lands First Latin America Commercial Customer With GNP And Rackspace

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...

Up Massive YTD: Here Are Nvidia, Palantir & AMD’s Price Predictions For 2028
24/7 Wall St.37d agoneutral
Up Massive YTD: Here Are Nvidia, Palantir & AMD’s Price Predictions For 2028

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 (PLTR) Expands Partnership with GNP Seguros
Insider Monkey37d agobullish
Palantir Technologies (PLTR) Expands Partnership with GNP Seguros

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 […]

Investing.com38d agobullish
Palantir partnership fails to save Rackspace stock after brutal guidance slash

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