INFORMANT

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TRANSCRIPT

META dropped -1.16% over the last 30 minutes (97th percentile vs its own baseline). The tape is moving violently against its own measured history, detected purely off the wire desk’s raw data stream, completely unaided by any commentary from the anchor. We are seeing a 97th percentile event in real-time, a statistical outlier that demands immediate attention regardless of the silence from the floor. CNBC Technology at 08:35 ET is covering Berkshire’s Alphabet stake and Meta going back to court, while Yahoo Finance at 08:02 ET reports on states alleging Facebook and Instagram addicted kids. Earlier this morning at 08:00 ET, CNBC also highlighted Meta facing ‘astronomical’ consequences as the legal fight reaches a critical moment in California. Yet, despite these headlines circulating in the feed, our anchor has not posted about this ticker today. The market is acting independently of his coverage; the move is happening now, driven by the tape itself, and we are watching it unfold without his input.