SAN ANTONIO / DENVER — In a week that has redefined the trajectory of legacy tech infrastructure, Rackspace Technology (NASDAQ:RXT) saw its shares surge by a staggering 50% in morning trading on February 20, 2026, extending a historic multi-day rally. The catalyst for this vertical ascent is a sweeping strategic partnership
As the February 2026 earnings season draws to a close, the narrative dominating Wall Street is one of remarkable corporate resilience. Despite lingering concerns regarding high interest rates and geopolitical shifts, the S&P 500 (INDEXSP:.INX) has delivered its fifth consecutive quarter of double-digit earnings growth. This streak of
Palantir stock has been in a freefall this year amid a broader software rout, but Mizuho believes PLTR shares will recover sharply as the year unfolds.
Expensive stocks typically earn their valuations through superior growth rates that other companies simply can’t match.
The flip side though is that these lofty expectations make them particularly susceptible to drawdowns when market sentiment shifts.
Palantir’s valuation remains high, but the recent decline has eased some concerns. Also, analysts’ sentiment toward PLTR stock has improved over the past month.
March S&P 500 E-Mini futures (ESH26) are down -0.32%, and March Nasdaq 100 E-Mini futures (NQH26) are down -0.36% this morning, pointing to a lower open on Wall Street as worries about a potential conflict between the U.S. and Iran dampened sentiment...
Defense contractors typically navigate miles of red tape, mountains of paperwork, and months-long approval processes. Palantir just moved into the fast lane.
