Rackspace Technology, Inc. (NASDAQ:RXT) is pushing higher on Friday. Nasdaq index is up 0.93% while S&P 500 is up 0.53%.On Wednesday’s the company announced of a strategic partnership with data-giant Palantir Technologies, Inc. (NASDAQ:PLTR) , designed to accelerate deployment of Palantir’s Foundry and Artificial Intelligence Platform (AIP). Under the deal, Rackspace will host Palantir’s software within its Private Cloud and UK Sovereign data centers, targeting highly regulated industries wary of the public ...

Rackspace Surges Another 50% Higher on Palantir AI Partnership Hype - 24/7 Wall St.[S&P 5006,905.00 +0.65%][Dow Jones49,505.00 +0.28%][Nasdaq 10025,049.60 +1.07%][Russell 20002,662.73 +0.01%][FTSE 10010,708.60 +0.26%][Nikkei 22557,158.00 +0.12%][Stock Market Live February 20, 2026: S&P 500 (SPY) Sinks on US GDP Numbers][Investing]# Rackspace Surges Another 50% Higher on Palantir AI Partnership Hype### Quick ReadRackspace Technology ([RXT]) stock surged 227% after announcing a Palantir partnership. The stock ...

Chart created using Benzinga ProRXT stock is now testing its 200-day moving average near $1.20, a level widely used to define long-term trend direction. Stocks trading below this level are generally considered to be in long-term downtrends, while sustained moves above it often signal structural reversals.Volume Surge Confirms Elevated Market ParticipationRackspace's average daily trading volume has risen to approximately 7.9 million shares, based on its 9-day volume average. This marks a sharp increase from ...

Rackspace Technology (RXT) shares more than tripled on Wednesday after the Nasdaq-listed firm announced a new strategic partnership with Palantir Technologies (PLTR). This massive surge of retail interest pushed RXT’s relative strength index (14-day) into the late 70s, indicating extremely overbought conditions that often precede a sharp correction. Despite its meteoric run, however, Rackspace stock remains down more than 50% versus its 52-week high. More News from Barchart www.barchart.com Does Palan ...

Market Overview - Major U.S. indices closed higher, with the Dow Jones Industrial Average rising 0.26% to 49,662.66, the S&P 500 advancing 0.56% to 6,881.31, and the Nasdaq climbing 0.78% to 22,753.63 [1] Carvana Co. (NYSE:CVNA) - Carvana shares rose 3.02% to close at $361.53, with an intraday high of $366.26 and a low of $339.15; however, the stock crashed nearly 15% to $307.70 in after-hours trading [1] - Carvana reported strong fourth-quarter results, with revenue rising 58% year-over-year to $5.60 billion, exceeding the $5.26 billion consensus estimate, and sold 163,522 vehicles, up 43% from a year ago [2] - Adjusted EBITDA reached $511 million with a 9.1% margin, reflecting improved unit economics despite a sequential dip in profitability [2] Figma Inc. (NYSE:FIG) - Figma shares rallied in extended trading after delivering strong fourth-quarter results, reporting EPS of 8 cents, surpassing the 7-cent estimate, and revenue rose to $303.78 million from $216.95 million a year earlier, ahead of the $293.15 million consensus [3] - Looking ahead, Figma guided first-quarter revenue of $315 million to $317 million, well above estimates, and projected full-year fiscal 2026 revenue of $1.37 billion to $1.374 billion, reinforcing confidence in continued growth [4] DoorDash Inc. (NASDAQ:DASH) - DoorDash posted EPS of 48 cents, below the 60-cent consensus, while revenue of $3.96 billion came in just shy of the $3.99 billion estimate, though significantly up from $2.87 billion a year ago [5] - For the first quarter, DoorDash expects marketplace GOV between $31 billion and $31.8 billion and adjusted EBITDA of $675 million to $775 million, as investors weigh continued growth against the earnings miss [5] Occidental Petroleum Corporation (NYSE:OXY) - Occidental Petroleum shares rose 2.55% to $47.11, with an intraday high of $47.43 and a low of $46.26; in after-hours trading, the stock rose 2.95% to $48.50 [6] Rackspace Technology Inc (NASDAQ:RXT) - Rackspace announced a strategic partnership with Palantir Technologies, leading to a dramatic rally as the company aims to enhance its deployment of Palantir's Foundry and AI Platform [7]

Rackspace Technology (RXT) shares nearly quadrupled this morning after announcing a strategic partnership with Denver-headquartered Palantir Technologies (PLTR). According to the press release, this partnership aims at integrating Palantir’s Foundry and Artificial Intelligence Platform (AIP) with its managed services, targeting highly regulated industries. Despite an explosive rally on Wednesday, Rackspace stock remains down about 50% compared to its 52-week high. More News from Barchart www.barchart.c ...

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) . RXT stock is soaring. See the chart and price action here. The move, designed to accelerate the deployment of Palantir's Foundry and Artificial Intelligence Platform (AIP), sent Rackspace shares into a triple-digit rally. But beneath the AI-powered press release ...

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) . RXT stock is soaring. See the chart and price action here. The move, designed to accelerate the deployment of Palantir's Foundry and Artificial Intelligence Platform (AIP), sent Rackspace shares into a triple-digit rally. But beneath the AI-powered press release ...

Palantir美国商业业务负责人Sameer Kirtane指出，采用Palantir的AI操作系统可显著改变企业的单位经济 模型，在复杂数据环境迁移中，相关项目周期已从"数年缩短至数天"。 与此同时，Mizuho将Palantir评级从"中性"上调至"跑赢大盘"，并维持195美元目标价。分析师Gregg Moskowitz表示，美国商业业务的快速增长及AIP需求上升，使Palantir在AI与数字化转型长期趋势中具 备更具吸引力的风险回报。 来源：智通财经网 Palantir(PLTR.US)周三宣布与Rackspace(RXT.US)达成战略合作，双方将通过混合多云与人工智能解决 方案，加快企业部署和运营Palantir分析及AI驱动软件的速度。截至发稿，Rackspace涨超216%，报132 美元；Palantir涨超5%，报140美元。 根据合作安排，Rackspace将作为Palantir在数据迁移与全球实施方面的重要合作伙伴，并在其私有云及 英国主权数据中心运行 Palantir软件，以满足受监管行业在数据主权和合规方面的严格要求。双方表 示，该合作可将AI用例的落地周期从"数月甚至数年"缩短 ...

Group 1 - Palantir announced a strategic partnership with Rackspace to accelerate the deployment and operation of its AI-driven software through hybrid multi-cloud solutions [1] - Rackspace's stock surged over 216% to $132, while Palantir's stock increased over 5% to $140 following the announcement [1] - The partnership aims to reduce the implementation timeline for AI use cases from "months or even years" to "weeks or months" [1] Group 2 - Mizuho upgraded Palantir's rating from "neutral" to "outperform" and maintained a target price of $195 [2] - Analyst Gregg Moskowitz highlighted the rapid growth of Palantir's U.S. commercial business and rising demand for AIP, making the company more attractive in the long-term trends of AI and digital transformation [2]