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US Stock MarketDetailed Quotes
RXT Rackspace Technology
- 2.580
- +0.110+4.45%
Close Dec 10 16:00 ET
- 2.520
- -0.060-2.32%
Post 17:45 ET
587.13MMarket Cap-747P/E (TTM)
2.665High2.485Low1.17MVolume2.520Open2.470Pre Close3.02MTurnover1.55%Turnover RatioLossP/E (Static)227.57MShares3.40952wk High-0.62P/B194.61MFloat Cap1.45052wk Low--Dividend TTM75.43MShs Float26.430Historical High--Div YieldTTM7.29%Amplitude1.050Historical Low2.584Avg Price1Lot Size
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Fed Rate Cut Beneficiaries Fed Rate Cut Beneficiaries
Stocks that are expected to benefit from a Federal Reserve rate cut. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in Fed Rate Cut Beneficiaries, ranked from highest to lowest based on real-time market data. Stocks that are expected to benefit from a Federal Reserve rate cut. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in Fed Rate Cut Beneficiaries, ranked from highest to lowest based on real-time market data.
Rackspace Technology Stock Forum
Positive
Net loss improved to $187 million from $227 million year-over-year
Double-digit bookings growth with record Public Cloud bookings
Strong cash position with $157 million and undrawn credit facility of $375 million
Operating cash flow of $52 million in Q3 2024
Negative
Total revenue declined 8% year-over-year to $676 million
Private Cloud revenue dropped 14% to $258 million
Public Cloud revenue decreased 3% to $418 million
Non-GAAP Operating Profit fe...
Importance of Data Centers:
1. Data Storage and Management: They store critical information for businesses, governments, and individuals, enabling efficient data retrieval and management.
2. Cloud Computing: Data centers support cloud services, allowi...
BIG NEWS
Rackspace Technology collaborates with GLP and Microsoft to integrate Generative AI chatbot with Enterprise Data Lake for actionable business insights. GLP leverages FAIR™ and Azure OpenAI Service to enhance data-driven asset management strategies, streamlining workflows and improving customized analysis. The partnership accelerates secure adoption of Generative AI solutions, enabling GLP to engage better with data for fund management, ESG metrics, and mor...
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