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Friday, 7 August 2026 Reading Room

Finance & Markets

Kaplan Fox Reminds Rackspace Technology, Inc. (NASDAQ: RXT) Investors with Significant Losses to Seek a Leadership Role Before Deadline on September 28, 2026

NEW YORK, Aug. 07, 2026 (GLOBE NEWSWIRE) — Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Rackspace Technology, Inc. (“Rackspace” or the “Company”) (NASDAQ: RXT) on behalf of investors that purchased or otherwise acquired Rackspace securities between May 7, 2026 and July 8, 2026 (the “Class Period”). CLICK […]

financialpost.com ·1h ago

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More in Finance & Markets

Private markets face a concentration test

With cracks beginning to show in the public markets, investors are looking for a diversified alternative which can offer downside protection against tech disruption.

  • Concentration of capital in major tech companies in public markets causes vulnerability concerns.
  • Private markets face concentration risks, particularly in the tech sector.
  • Investment trusts and fragmented bets considered to minimize concentration risks.

34m ago ·privateequitywire.co.uk

Is Iran Preparing to Permanently Block the Strait of Hormuz?

Conflicting signals from Washington and Tehran keep oil markets on edge as Iran weighs a permanent Hormuz shipping ban while Trump insists a deal is within reach.

  • Iran's Parliament considers bill to permanently block hostile vessels.
  • Oman and Iran agree on proposed shipping corridor.
  • Saudi Aramco adjusts September pricing strategy.

39m ago ·oilprice.com