UVIX is trading at $40.70, up 2.65%, as Thursday’s AI-spending concerns drove a sharp tech selloff and lifted demand for volatility exposure. - Meta and Tesla shares also came under pressure. - Middle East supply-risk worries and higher oil prices added caution; Friday index futures were mixed, so the overnight backdrop was not uniformly risk-off. - The alert reports UVIX higher, but a conflicting headline cited a decline, leaving its immediate pre-market catalyst uncertain.