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RAX September 26th Options Begin Trading
Thursday, August 7, 11:11 AM ET, by Market News Video Staff

Investors in Rackspace Hosting Inc (RAX) saw new options begin trading today, for the September ...

Noteworthy ETF Outflows: IYW, CSCO, QCOM, HPQ
Wednesday, August 13, 10:57 AM ET, by Market News Video Staff

Symbols mentioned in this story: IYW, CSCO, QCOM, HPQ Exchange traded funds (ETFs) trade just ...

Rackspace Hosting Moves Up In Market Cap Rank, Passing Peabody Energy
Friday, August 15, 4:40 PM ET, by Market News Video Staff

In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Rackspace ...

IYW, CSCO, HPQ, YHOO: ETF Outflow Alert
Thursday, August 21, 10:50 AM ET, by Market News Video Staff

Symbols mentioned in this story: IYW, CSCO, HPQ, YHOO Exchange traded funds (ETFs) trade just ...

Rackspace Hosting Breaks Above 200-Day Moving Average - Bullish for RAX
Tuesday, August 26, 11:20 AM ET, by Market News Video Staff

In trading on Tuesday, shares of Rackspace Hosting Inc (RAX) crossed above their 200 day ...

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Dell Makes Cloud Computing Acquisition

By Market News Video Staff, Tuesday, November 2, 1:16 PM ET
Play Video: The Importance of ETFs

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Dell (DELL) CEO Michael Dell said today the company is poised to make an acquisition in the cloud computing sector.

Market speculation was that Rackspace Hosting (NYSE:RAX) would be the target, and shares of the stock were trading higher by as much as 10% on the news. Rackspace is 2% of the NASDAQ Internet Portfolio (NASDAQ:PNQI), which is trading up 1.35% today. However, after the anticipation, Dell announced that the are buying Boomi, which is a private company.

Dell, which is trading up 0.35%, and Rackspace share membership in several tech ETFs, such as the iShares Dow Jones U.S. Technology Sector Index Fund (AMEX:IYW), in which they are a combined 1.36% of the total fund.

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