Search the Newsreel

Earnings call transcript: Rackspace Technology misses Q2 2026 estimates but gains on AI push

Rackspace Technology reported a wider-than-expected loss and slightly missed revenue forecasts for Q2 2026, yet its stock rose due to investor optimism about its strategic shift towards enterprise AI infrastructure. The company plans a significant AMD-backed AI deployment, projecting substantial future revenue, and is …

Is BlackSky Technology (BKSY) Outperforming Other Business Services Stocks This Year?

Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is BlackSky Technology Inc. (BKSY) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. BlackSky Technology …

(JXN) Volatility Zones as Tactical Triggers

This article from Stock Traders Daily analyzes Jackson Financial Inc. Class A (NYSE: JXN), indicating strong sentiment across all time horizons. It highlights compelling upside potential with no resistance levels above the current price and outlines three AI-generated trading strategies: Position Trading, Momentum Breakout, …

Prataap Snacks to attend Emkay Confluence 2026 on August 14

Blackstone-Backed REIT Agrees to Buy H&R in C$3.4 Billion Deal

(Bloomberg) -- GO Residential Real Estate Investment Trust, backed by a group of investors including Blackstone Inc., has agreed to buy H&R Real Estate Investment Trust in a cash and unit deal valuing the equity of the Canadian owner of apartment buildings at C$3.4 …

Blackstone Secured Lending Fund (Dinari Tokenized Stock) (BXSL) Price, MarketCap, Charts and Fundamentals Info

This article provides current price, market capitalization, and fundamental information for Blackstone Secured Lending Fund (Dinari Tokenized Stock) (BXSL), a digital asset. It notes BXSL's market cap of $908.68, a ranking of 13396 in the global cryptocurrency rating, and a 24-hour trading volume of …

Nvidia Targets Over $500 Billion for AI Infrastructure Financing with Global Financial Giants

Nvidia (NASDAQ:NVDA) has unveiled a strategic partnership with six major financial groups aimed at mobilising more than $500 billion in third-party capital to finance the continued expansion of artificial intelligence infrastructure. The initiative brings Nvidia together with Apollo (NYSE:APO), BlackRock (NYSE:BLK), Blackstone (NYSE:BX), Brookfield …

BXDC Price Today: Blackstone Digital Infrastructure Trust Inc. Stock Price, Quote & Chart | MEXC

Blackstone Digital Infrastructure Trust Inc. (BXDC) is trading at $20.33, showing a +1.45% increase from its previous close. The company, a real estate investment trust (REIT) focused on data centers, has experienced stable performance over the past year. MEXC provides detailed market data, trading …

Blackstone Digital (BXDC) Q2 2026 Earnings Call

Image source: The Motley Fool. DATE Tuesday, Aug. 4, 2026 at 9 a.m. ET CALL PARTICIPANTS Vice President, Shareholder Relations - Timothy Hayes President and Chief Executive Officer - Nick Pell Chief Investment Officer - Mike Forman Chief Financial Officer - Tony Marone Executive …

Rackspace Technology beats top-line and bottom-line estimates; reaffirms FY26 outlook

* Rackspace Technology press release [https://seekingalpha.com/pr/20613631-rackspace-technology-reports-second-quarter-2026-results] (RXT [https://seekingalpha.com/symbol/RXT]): Q2 Non-GAAP EPS of -$0.08 beats by $0.01. * Revenue of $670M (+0.6% Y/Y) beats by $24.10M. * Capital expenditures were $28 million in the second quarter of 2026, compared to $31 million in the second …

Locksley Resources (ASX:LKY) Rallies As Antimony Work Advances

Jackson Financial (JXN) Q2 2026 Earnings Call Transcript

Kaplan Fox Deadline Alert: Rackspace Technology, Inc. (NASDAQ: RXT) Investors Have Until September 28, 2026 to Seek a Lead Plaintiff Role

Kaplan Fox & Kilsheimer LLP has announced a class action lawsuit against Rackspace Technology, Inc. (NASDAQ: RXT) for investors who purchased securities between May 7, 2026, and July 8, 2026. The lawsuit alleges that Rackspace made false and misleading statements regarding its enterprise AI …

Rackspace beats expectations but its losses pile up amid aggressive AI pivot

Rackspace Technology Inc. exceeded revenue expectations in its second quarter but reported increased losses, primarily due to its aggressive pivot towards managed enterprise AI infrastructure. The company faces a federal securities fraud lawsuit alleging misleading statements about the costs of this AI shift, which …

Rackspace Technology (NASDAQ:RXT) Issues Earnings Results, Beats Expectations By $0.01 EPS

Rackspace Technology (NASDAQ:RXT) reported an adjusted loss of $0.08 per share, beating analyst expectations by $0.01, and revenue of $670.1 million, exceeding forecasts. Despite the earnings beat, shares fell 3.5% to $4.73, partly due to ongoing legal uncertainty from securities class-action lawsuits alleging misleading …

Garcia’s Take: Private Equity Leaders Dig Into AI

Private equity and credit firm leaders acknowledge that the surging demand for AI infrastructure presents significant investment opportunities. While they are all investing in data centers and related infrastructure, their approaches vary regarding how deeply they will back companies developing AI technology and the …

MarineMax to Be Acquired in $1.5 Billion Deal

Safe Harbor Marinas, a Blackstone Infrastructure portfolio company, has agreed to acquire Oldsmar-based MarineMax for $1.5 billion, or $53 a share in cash. This acquisition follows an unsolicited takeover bid and represents a significant premium to MarineMax's previous stock prices. The deal aims to …

Rackspace Technology (RXT) narrows losses while doubling down on Enterprise AI and debt moves

Earnings Flash (RXT) Rackspace Technology, Inc. Posts Q2 Adjusted Loss $0.08 per Share, vs. FactSet Est of $-0.09

Rackspace Technology, Inc. (RXT) reported an adjusted loss of $0.08 per share for Q2, which is better than FactSet's estimated loss of $0.09 per share. The company's Q2 revenue was $670.1 million, surpassing FactSet's estimate of $646.0 million. Rackspace Technology specializes in hybrid cloud …

Rackspace: Q2 Earnings Snapshot

Rackspace Technology, Inc. (RXT) reported a Q2 loss of $67.5 million, or 27 cents per share, with adjusted losses at 8 cents per share. The company posted revenue of $670.1 million for the quarter. Rackspace anticipates full-year losses to be between 25 and 30 …

Rackspace Technology (RXT) widens quarterly loss but boosts 2026 EBITDA outlook

NVIDIA Partners With Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to Establish AI Compute Infrastructure Financing Platforms to Mobilize Over $500 Billion of Third-Party Capital

NVIDIA has partnered with major financial institutions including Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to create AI compute infrastructure financing platforms. These platforms aim to mobilize over $500 billion of third-party capital to support the buildout of AI infrastructure globally. The initiative …

Rackspace Private Cloud Revenue Rises 5.5% as Public Cloud Falls

Blackstone-backed Safe Harbor strikes $1.5B deal for MarineMax

Dallas-based Safe Harbor Marinas, backed by Blackstone, has agreed to acquire Orlando-based MarineMax in a $1.5 billion all-cash deal. This significant acquisition comes just over a year after Blackstone's own acquisition of Safe Harbor. The deal marks a major expansion for the Dallas marina …

STARBUCKS AKTIE: AI-Analysen, Prognose & Kursziel

Stronger Q2 Earnings And Massive Buybacks Might Change The Case For Investing In Jackson Financial (JXN)

Tampa Bay will lose publicly traded HQ with MarineMax sale

MarineMax, a retail boat giant based in Oldsmar, Florida, has been sold in an all-cash deal to a subsidiary of Blackstone Inc. This acquisition means that the Tampa Bay area will lose one of its publicly traded headquarters. The sale follows previous reports of …

Blackstone Nears $2 Billion Stake in Air Canada’s Points Program

Blackstone Inc. is reportedly close to acquiring a minority stake in Aeroplan, Air Canada’s loyalty program, for approximately $2 billion. The deal, which could be announced this week, is expected to include investments from Canadian funds alongside Blackstone.

BlackSky Is Entering a New Growth Phase. Here's Why It Matters

BlackSky (NYSE: BKSY) could be evolving into a strategic intelligence platform for America's increasingly contested orbital environment. Its combination of rapid satellite tasking, artificial intelligence, and Space Domain Awareness may create a far larger opportunity than imagery alone, but the company must still prove …

Kaplan Fox Alerts Rackspace Technology, Inc. (NASDAQ: RXT) Investors Who Suffered Losses to a Securities Class Action – Deadline is September 28, 2026

Kaplan Fox & Kilsheimer LLP has filed a class action lawsuit against Rackspace Technology, Inc. (NASDAQ: RXT) on behalf of investors who purchased securities between May 7, 2026, and July 8, 2026. The lawsuit alleges that Rackspace made false and misleading statements regarding its …

PPL-Blackstone joint venture secures 5 GW of gas turbines for data centers in Pennsylvania

PPL Corp.'s joint venture with Blackstone Infrastructure, Invitium Energy, has secured reservation agreements for over 5 GW of combined-cycle gas turbines and identified sites for up to 14 GW of new generation to power data centers in Pennsylvania. This represents a potential investment of …

UBS Initiates First Tracks Biotherapeutics(TRAX.US) With Buy Rating, Announces Target Price $65

UBS has initiated coverage on First Tracks Biotherapeutics (TRAX.US) with a "Buy" rating. The investment bank also announced a target price of $65 for the company's stock. This initiation suggests a positive outlook from UBS on the future performance of First Tracks Biotherapeutics.

Rackspace Technology Reports Second Quarter 2026 Results

Rackspace Technology announced its Q2 2026 results, reporting revenue of $670 million, a 1% increase year-over-year. Private Cloud revenue grew by 5% to $263 million, while Public Cloud revenue decreased by 2% to $407 million. The company posted

NYSE to Commence Delisting Proceedings with Respect to Warrants of BlackSky Technology Inc. (BKSY.W)

The NYSE announced its decision to delist the warrants of BlackSky Technology Inc. (BKSY.W) due to "abnormally low selling price" levels. Trading in these warrants will be suspended immediately, though the company's Class A common stock (BKSY) will continue to trade. BlackSky Technology Inc. …

MarineMax agrees to $1.5 billion sale to Blackstone-owned marina company

MarineMax, a Tampa Bay boating company, has agreed to be acquired by Safe Harbor Marinas, a Blackstone Infrastructure portfolio company, for $1.5 billion in an all-cash deal. The acquisition price of $53 per share is nearly double MarineMax's closing share price before a previous …

Blackstone Portfolio Company to Buy MarineMax for Roughly $1.50 Billion

A Blackstone-owned company is set to acquire MarineMax, a lifestyle retailer of recreational boats and yachts, for approximately $1.50 billion. The deal follows earlier reports of Blackstone being among the final bidders for MarineMax. MarineMax operates over 120 locations globally, including dealerships, marinas, and …