Palantir Technologies Inc. (NASDAQ:PLTR) is one of Goldman Sachs’s top growth stock picks. On February 18, Palantir Technologies Inc. (NASDAQ:PLTR) named Rackspace Technology its dedicated data migration and global implementation partner for its two flagship platforms, Foundry and Artificial Intelligence Platform, or AIP. Foundry facilitates enterprise data integration and analytics, and AIP operationalizes AI in real-world business decisions. Palantir (PLTR) Balances Growth Deals with Investor Doubts Ac ...

In this article, we discuss Goldman Sachs’s Top 12 Growth Stock Picks.During much of the market cycle leading up to 2026, the United States equities markets were largely defined by growth stocks. However, data shows a clear shift in tone as 2026 drags on. In 2025, for instance, the S&P 500 Growth Index gained 22.18%, and this was an underperformance based on 2024 performance, which was 35.66%. As of February 18, 2026, however, the index was down 2.46% year to date. In contrast, the broader S&P 500 was up 0. ...

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 ...

Core Viewpoint - Rackspace Technology (RXT) shares surged nearly fourfold following a strategic partnership announcement with Palantir Technologies (PLTR), aimed at integrating Palantir's Foundry and Artificial Intelligence Platform with Rackspace's managed services for regulated industries [1][3]. Group 1: Partnership Impact - The partnership with Palantir is seen as a significant validation of Rackspace's specialized infrastructure, transitioning it from a commodity cloud host to a key enabler of high-value AI workloads [3]. - This collaboration is expected to serve as a catalyst for future growth, improving Rackspace's unit economics by enhancing its high-margin professional services and managed operations segments [4]. Group 2: Stock Performance - Despite the impressive rally, Rackspace's stock remains approximately 50% lower than its 52-week high, indicating ongoing challenges [1]. - The stock's movement on Wednesday surpassed all major moving averages, contributing to upward momentum [4]. Group 3: Financial Concerns - Rackspace is still considered a penny stock with a history of disappointing shareholders, facing significant financial pressures, including a debt load exceeding $3.0 billion and a trend of declining revenue [5]. - Analysts on Wall Street express caution regarding the recent surge, with a consensus rating of "Hold" and a mean target price of about $1.48, suggesting potential downside of nearly 10% from current levels [7].

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 ...

Company Overview - Palantir Technologies is a technology company that has gained attention for its data analytics and artificial intelligence applications, particularly due to its work with federal government agencies that require high levels of secrecy [2][6] - Founded in 2003, Palantir initially focused on assisting U.S. intelligence agencies in counterterrorism operations [6] Software Platforms - Palantir has developed four primary software platforms, each building on the successes of its predecessors [7] - Palantir Foundry serves as the core platform for data operations, offering functionalities for data management, systematic mapping, workflow development, and data analytics [7] - Palantir Gotham has emerged as a central platform for mission management in defense and intelligence operations, integrating with other platforms to provide insights across various sectors, including disaster relief [8] Business Mission - The overarching mission of Palantir is to enable clients to better utilize their information for improved decision-making [6]

Core Insights - Palantir Technologies Inc. (NASDAQ:PLTR) is perceived as one of the less favorable AI stocks to invest in according to Reddit discussions [1] - Cognizant Technology Solutions (NASDAQ:CTSH) has announced a partnership with Palantir to enhance AI-driven modernization in healthcare and enterprise operations [1][2] Partnership Details - The collaboration will integrate Palantir Foundry and Palantir AIP with Cognizant's TriZetto healthcare business and business process operations, aiming to deliver secure and scalable AI transformations [1][2] - The partnership leverages Cognizant's industry expertise and global engineering scale alongside Palantir's advanced data analytics and ontology-driven AI capabilities [2] Strategic Focus - The initiative aims to optimize TriZetto's healthcare platforms and BPaaS operations, particularly in regulated and labor-intensive environments [2] - The focus is on enhancing innovation, accelerating product development, and ensuring a governed foundation for future AI capabilities while maintaining compliance and auditability standards [3] - Beyond healthcare, the companies plan to explore broader enterprise AI transformation opportunities across multiple industries, reinforcing Cognizant's strategy to build a composable ecosystem of AI platforms [3] Company Background - Palantir Technologies builds and deploys software platforms for the intelligence community, assisting in counterterrorism investigations and operations in the US, UK, and internationally [4]

Core Insights - Cognizant has announced a strategic partnership with Palantir Technologies to accelerate AI-driven modernization in healthcare and enterprise operations [1][2] - The collaboration aims to leverage Palantir Foundry and AIP to enhance AI integration within Cognizant's TriZetto healthcare business and pursue broader enterprise AI transformation opportunities [1][3] Group 1: Partnership Objectives - The partnership is designed to create enterprise-grade AI solutions that deliver real business value, focusing on responsible adoption, security, and operational integrity [2][3] - Cognizant will explore how AIP can optimize TriZetto's healthcare platforms and Business Process as a Service (BPaaS) operations, particularly in regulated and labor-intensive environments [3][4] Group 2: Strategic Importance - This collaboration reflects Cognizant's commitment to using frontier technologies for client value and internal business transformation, enhancing its ability to modernize mission-critical platforms [3][5] - Palantir's experience in deploying AI platforms in critical environments complements Cognizant's global delivery scale, supporting the expansion of AI-powered solutions while ensuring governance and security [4][5] Group 3: Future Initiatives - Cognizant and Palantir plan to collaborate on enterprise AI transformation initiatives beyond healthcare, indicating a broader application of their partnership across various industries [5][6] - The partnership aligns with Cognizant's recent AI investments, reinforcing its strategy to build a composable ecosystem of leading AI platforms for internal and client innovation [6]

Core Viewpoint - Societe Generale plans to reduce its workforce in France by 1,800 positions primarily through natural attrition as part of a broader organizational restructuring aimed at enhancing operational efficiency and simplifying its organization [1][3]. Group 1: Workforce Reduction - The proposed job cuts will affect several central functions at the bank's headquarters and some regional areas within the retail banking sector, but the branch network will remain unaffected [3][4]. - The job reductions align with terms agreed upon with three trade unions as part of an employment agreement signed on December 15, 2025, and there will be no formal redundancy plan, focusing instead on internal transfers [4][5]. Group 2: Organizational Restructuring - Societe Generale has conducted a collaborative program involving nearly 2,000 staff members to gather suggestions for enhancing efficiency, including team consolidation, process simplification, better procurement practices, and increased use of automation and AI [2][3]. - The bank's strategic roadmap announced in September 2023 emphasizes sustainable performance, operational efficiency, and investment in skills development and internal mobility [3][5]. Group 3: Employee Support Initiatives - To support employees affected by the restructuring, Societe Generale plans to enhance training programs and introduce a new Mobility and Skills Campus to facilitate career development and transitions within its business units [5]. - The organizational adjustments are expected to be phased in throughout 2026 and 2027, with potential further changes for retail banking operations beyond those years [5]. Group 4: Technology Integration - Last year, Societe Generale implemented anti-financial crime technology from Palantir Technologies in its international retail banking operations, utilizing tools with analytics and machine learning capabilities to combat financial crimes such as money laundering and fraud [6].