WOLF(@WOLF_Financial):THE NASDAQ 100 IS NOW DOWN 10% FROM ITS PEAK, PUTTING IT ON THE EDGE OF A CORRECTION The tech-heavy index is down 4.4% today, its biggest drop in a selloff that has wiped more than $1.2 trillion off its value in October, per Bloomberg Intel $INTC fell 31%, its biggest drop in more than 40 years, after its outlook missed estimates. Amazon $AMZN fell 2.3% after raising its capital spending plans. "We're moving out of the hopes and dreams phase of the AI trade and into the 'show me' phase," said Joe Tigay at Equity Armor Investments. "Investors want to see who can actually deliver, turn that demand into earnings and generate cash." Here's where markets stand as of 2:54 p.m. ET: • S&P 500: -2.5% • Nasdaq 100: -4.4% • Dow: -1.5% • 10-year Treasury yield: 4.92% (-2 bps) • Oil (WTI): $104.01 (+2.0%) • Gold: $3,880.81 (-3.5%) • Bitcoin: $76,387 (-3.1%) The Nasdaq 100 is on track for its worst month since March 2025, while Treasuries are headed for their best month since February 2025.

2026.10.30 19:15

THE NASDAQ 100 IS NOW DOWN 10% FROM ITS PEAK, PUTTING IT ON THE EDGE OF A CORRECTION The tech-heavy index is down 4.4% today, its biggest drop in a selloff that has wiped more than $1.2 trillion off its value in October, per Bloomberg Intel $INTC fell 31%, its biggest drop in more than 40 years, after its outlook missed estimates. Amazon $AMZN fell 2.3% after raising its capital spending plans. "We're moving out of the hopes and dreams phase of the AI trade and into the 'show me' phase," said Joe Tigay at Equity Armor Investments. "Investors want to see who can actually deliver, turn that demand into earnings and generate cash." Here's where markets stand as of 2:54 p.m. ET: • S&P 500: -2.5% • Nasdaq 100: -4.4% • Dow: -1.5% • 10-year Treasury yield: 4.92% (-2 bps) • Oil (WTI): $104.01 (+2.0%) • Gold: $3,880.81 (-3.5%) • Bitcoin: $76,387 (-3.1%) The Nasdaq 100 is on track for its worst month since March 2025, while Treasuries are headed for their best month since February 2025.