Rackspace beats expectations but its losses pile up amid aggressive AI pivot
Shares of Rackspace Technology Inc. were trading lower after-hours today, despite an encouraging earnings and revenue beat in its second-quarter financial results. The San Antonio-based company reported earnings before certain costs such as stock compensation…
Shares of Rackspace Technology Inc. were trading lower after-hours today, despite an encouraging earnings and revenue beat in its second-quarter financial results. The San Antonio-based company repo… [+4441 chars]