Today: 15 May 2026
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NASDAQ:RXT 23 February 2026 - 14 May 2026

Rackspace Stock Jumps 26% As AMD AI Deal Tests RXT Turnaround Story

Rackspace Stock Jumps 26% As AMD AI Deal Tests RXT Turnaround Story

Rackspace shares surged 26.34% to close at $7.29 on Thursday, hitting a 52-week high of $7.65 before slipping to $7.15 after hours. The rally followed first-quarter profit and a memorandum with AMD to build AI infrastructure, though the company still reported a non-GAAP loss and uneven segment growth. Trading volume topped 39 million shares. Analyst Keith Bachman maintained a Hold rating with a $5 target.
14 May 2026
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Stock Market Today

  • GDEV Inc. Stock Looks Undervalued Amid 29% Rally, Positive Earnings Outlook
    May 15, 2026, 10:20 AM EDT. GDEV Inc. (NASDAQ:GDEV) shares surged 29% recently but still trade below intrinsic value of $24.24, suggesting an undervaluation opportunity. The small-cap stock exhibits high beta, implying greater price volatility compared to the broader market. Analysts forecast 50% profit growth over the next two years, signaling strong future cash flow and potential share price appreciation. Investors may consider increasing holdings or initiating positions, though prudent evaluation of the company's capital structure and balance sheet strength is advised to assess risks. GDEV's positive earnings outlook remains partially unpriced, presenting a compelling case for value-oriented investors.

Latest articles

POET Technologies Stock Is Down Today: Why the $400 Million Financing Hit POET After the Opening Bell

POET Technologies Stock Is Down Today: Why the $400 Million Financing Hit POET After the Opening Bell

15 May 2026
POET Technologies shares dropped 10.2% to $18.47 after announcing a $400 million direct offering of 19.05 million shares and warrants to a single investor. The deal, priced at $21 per share-plus-warrant, comes as the company reports a $50 million initial order from Lumilens but faces investor concerns over dilution, CFO succession, and execution risks tied to new AI optics production.
Ondas Stock Faces a $390 Million Test After Drone-Revenue Surge

Ondas Stock Faces a $390 Million Test After Drone-Revenue Surge

15 May 2026
Ondas raised its 2026 revenue target to at least $390 million after first-quarter revenue jumped to $50.1 million from $4.3 million a year earlier. Shares traded near $11.20 Friday after a 27% gain Thursday. The company posted a $42.7 million operating loss and widened its adjusted EBITDA loss to $10.9 million. Backlog rose to $457 million, up from $68.3 million at the end of 2025.
Why Cerebras Stock Is Down Today: Wall Street Hits the Brakes After a Blowout AI IPO

Why Cerebras Stock Is Down Today: Wall Street Hits the Brakes After a Blowout AI IPO

15 May 2026
Cerebras Systems shares fell about 4% to $298 in early Friday trading, retreating from Thursday’s $311.07 close after a 68% Nasdaq debut. The stock remained roughly 61% above its $185 IPO price. Investors cited concerns over high valuation, customer concentration, and how much OpenAI demand is already priced in. Cerebras raised $5.55 billion in its offering, which was expected to close Friday.
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