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Stock Market Today: Live Updates 11.08.2026

Stock Market Today: Live Updates 11.08.2026

LIVEMarkets rolling coverageStarted: August 11, 2026, 4:00 AM EDTUpdated: August 11, 2026, 6:33 AM EDT Rackspace Tops Q2 Revenue Estimates, Margin Narrows as AI Shift Advances August 11, 2026, 6:33 AM EDT. Rackspace Technology (NASDAQ:RXT) reported Q2 revenue of $670.1 million, surpassing expectations by $21.1 million, as a 5.5% increase in Private Cloud revenue helped counter a 2.3% fall in Public Cloud. While revenue grew, gross margin dropped 230 basis points and operating cash flow turned negative. The company reiterated reduced 2026 revenue and EBITDA outlooks as spending on AI infrastructure ramps up. Rackspace Q2 Sales Beat Forecasts; Margin Challenges
Indonesia’s Rupiah Rallies as Damayanti Nomination Eases Policy Risk

Indonesia’s Rupiah Rallies as Damayanti Nomination Eases Policy Risk

Indonesia’s rupiah rose to its strongest since June 18 after President Prabowo Subianto nominated Destry Damayanti as the sole candidate for Bank Indonesia governor. The choice reduced the risk of a sharp policy break after Perry Warjiyo’s surprise resignation. Indonesia’s onshore markets had not yet opened for Tuesday’s session.
11 Aug