--- title: "U.S. Stock Market Movement Update: Tech stocks are active, Rackspace Tech rises 9.52%, Moolec Science plummets 8.77%" type: "News" locale: "en" url: "https://longbridge.com/en/news/276570980.md" description: "In the past hour, the overall market in the U.S. stock market has shown a clear divergence, with technology stocks and small-cap stocks performing relatively strongly, especially the rise of individual stocks like Rackspace Tech and Purple Biotech, which has attracted considerable attention from short-term funds. Meanwhile, some cryptocurrency-related stocks such as Core Scientific and Marathon Digital have faced significant selling pressure, reflecting fluctuations in market sentiment. Overall, it seems that funds are rapidly switching between high-risk and low-risk assets, with short-term enthusiasm increasing. In the past hour, the stock with the largest movement, Rackspace Tech, rose by 9.52%, drawing strong attention in the market, and the influx of short-term funds has caused its stock price to rise rapidly, seemingly driven by optimistic expectations for its future growth potential. Strong stocks: 1. Purple Biotech: up 7.35%, with recent market expectations for its new products soaring, driving the stock price up. 2. Faraday Future Intelligent Electric: up 5.55%, as investors are confident in its future delivery capabilities amid the electric vehicle market boom. 3. BitMine Immersion Tech: despite overall market pressure, this stock still rose by 4.32%, showing that its unique market positioning has attracted funds' favor" datetime: "2026-02-23T07:00:13.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/276570980.md) - [en](https://longbridge.com/en/news/276570980.md) - [zh-HK](https://longbridge.com/zh-HK/news/276570980.md) --- # U.S. Stock Market Movement Update: Tech stocks are active, Rackspace Tech rises 9.52%, Moolec Science plummets 8.77% **Market Overview of US Stocks in the Last Hour** The overall market shows a clear divergence, with technology stocks and small-cap stocks performing relatively strongly, particularly the rise of individual stocks like Rackspace Tech and Purple Biotech, which has attracted considerable short-term capital attention. Meanwhile, some cryptocurrency-related stocks such as Core Scientific and Marathon Digital have faced significant selling pressure, indicating fluctuations in market sentiment. Overall, funds seem to be rapidly switching between high-risk and low-risk assets, with short-term enthusiasm increasing. **Stocks with the Most Movement in the Last Hour** Rackspace Tech rose by 9.52%, attracting strong attention in the market, with the influx of short-term capital driving its stock price up quickly, seemingly propelled by optimistic expectations for its future growth potential. **Strong Stocks** 1. Purple Biotech: Up 7.35%, recent market expectations for its new products have surged, driving the stock price up. 2. Faraday Future Intelligent Electric: Up 5.55%, amid the electric vehicle market boom, investors are confident in its future delivery capabilities. 3. BitMine Immersion Tech: Despite overall market pressure, this stock still rose by 4.32%, showing that its unique market positioning has attracted capital. **Stocks Under Pressure** 1. Moolec Science SA: Down 8.77%, concerns over its profit outlook have intensified, leading investors to sell off. 2. Grayscale Ethereum Staking ETF: Down 5.29%, amid uncertainty in the cryptocurrency market, investor sentiment has become cautious. 3. 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