Rackspace Technology has been recognized as a leader in the 2026 ISG Provider Lens report in the US and UK for managed services in AI-enabled infrastructure and managed cloud hosting with resilient infrastructure. This highlights Rackspace's role as a trusted partner for enterprises adopting AI productively while ensuring governance, security, and compliance in private, hybrid, and sovereign cloud environments. The report praises Rackspace's ability to support companies from initial AI pilots to measurable business outcomes, especially in regulated industries. Going forward, Rackspace aims to help businesses modernize IT landscapes and scale AI deployment reliably with flexible hybrid cloud models and AI reliability engineering services.
Alpha and Omega Semiconductor (AOSL) is rated Buy with a $33 price target, expecting a 30% upside driven by strong growth in AI-related advanced computing. The company's advanced computing segment is forecasted to grow over 40% in Q1, offsetting decl...
Travelzoo has introduced five new exclusive travel offers for its club members in Germany, featuring trips starting from €99. These deals include stays at scenic locations such as the North Sea island Wangerooge, Costa Rica, Croatia's Riviera, Lake C...
Bitcoin surged over 25% in August but shows weak spot demand and liquidity, raising concerns of a bull trap. Meanwhile, Ethereum sees strong liquidity growth with stablecoin supply rising and record ETH staking, indicating robust demand. This liquidi...
Adobe Inc. reported record fiscal Q3 revenue of $6.8 billion, growing nearly 13%, its fastest pace since Q2 2022. The company exceeded earnings expectations and raised its full-year guidance, driven by rapid expansion in AI-first products whose recur...
Lemonade announced that CFO Timothy Bixby will step down from his role after more than nine years and transition to a Board of Directors seat starting January 1, 2027. This planned succession has been in the works for some time, ensuring continuity f...
