🟢 Volatility ETF (UVIX) is trading 7.87% up in pre-market as lower U.S. futures pressure risk appetite

UVIX is trading at $37.99, up +7.87%, as lower U.S. futures and renewed concerns over AI spending weaken risk appetite.

• Mixed reactions to Tesla and Meta followed concerns over AI spending and supported demand for volatility exposure.
• Middle East tensions and higher oil prices added to the cautious mood.
• The pre-market move aligns with broader market stress; no UVIX-specific catalyst is confirmed.