Rackspace Technology's shares dropped over 25% after the company cut its 2026 revenue guidance by $150 million and adjusted EBITDA guidance by $20 million. This sharp revision followed a recent positive outlook from RBC Capital, leading to an investigation into whether Rackspace misled investors about its financial prospects before the correction. The probe focuses on whether prior statements were materially false or misleading, causing investors to buy shares at inflated prices. Investors who suffered losses are encouraged to contact legal representatives for potential recovery options.
The inaugural Juneteenth Exchange summit in Rancho Cordova gathered over 150 leaders from business, technology, and investment sectors to discuss innovation, economic opportunity, and inclusive leadership. The event highlighted the city's growing app...
Canon U.S.A., Inc. has been awarded the 2026-2028 Most Energy Efficient Toner-Based A3 and A4 Brand Awards by Keypoint Intelligence, recognizing its commitment to energy-conscious printer design. The awards are based on a new testing methodology eval...
Emmy-winning actor and gamer Seth Green has joined the Global Gaming League's Advisory Board to help shape its future at the intersection of gaming and entertainment. To celebrate, GGL launched "Ready, Seth, Go!", a 10-event tournament series on its ...
JZR Gold Inc. completed a non-brokered private placement, raising CAD$1 million by issuing 4 million units at $0.25 each. Each unit includes one common share and one warrant exercisable at $0.35 for two years. The funds will support operations of the...
XRP faces resistance near $1.12-$1.17 but shows signs of buyer interest with higher lows and a recovering RSI. Shiba Inu remains weak, trading below key moving averages and risking new lows if support near $0.0000041 breaks. Solana has recovered abov...
