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Stock impact report

Rackspace (RXT) Launches UK Sovereign Cyber Recovery Cloud [Yahoo! Finance]

Rackspace Technology, Inc. (RXT) 
Company Research Source: Yahoo! Finance
On March 18, Rackspace Technology, Inc. (NASDAQ:RXT), in collaboration with Rubrik, launched a UK Sovereign Cyber Recovery Cloud solution designed to protect and rapidly restore critical workloads for public sector and regulated industries following cyberattacks. The offering addresses growing demand for resilient cybersecurity infrastructure, particularly in environments requiring strict data sovereignty and compliance. On March 10, Rackspace Technology, Inc. (NASDAQ:RXT) announced a strategic partnership with Uniphore to deliver an Infrastructure-to-Agents architecture as an outcomes-based service, enabling enterprises to deploy AI solutions while maintaining governance and operational control. This approach differentiates Rackspace by shifting from traditional infrastructure provisioning to performance-based service delivery. Previously, on February 27, RBC Capital Markets raised its price target on Rackspace Technology, Inc. (NASDAQ:RXT) to $2.50 from $1.75 while maintaining Show less Read more
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