🟢 Volatility ETF (UVXY) is trading 18.93% up on October 30 as AI spending concerns fueled tech selloff

UVXY is trading at $19.27, up 18.93%, as renewed worries that heavy AI spending may not deliver returns drove a broad technology selloff. - Major U.S. indexes fell, with the Nasdaq especially weak; Intel’s weak outlook and Amazon’s elevated AI spending added pressure, while Alphabet’s earlier plunge compounded technology-sector losses. - Risk-off demand likely boosted volatility and UVXY. October 31, 2026 is a Saturday, and the supplied after-hours quote reflects the October 30 session.