INFORMANT

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TRANSCRIPT

MSFT is jumping +1.13% over the last 30 minutes at the 99th percentile vs its own baseline, and that move came entirely off the tape with zero wire coverage to explain it. We are seeing a massive deviation from history without any accompanying commentary in our own feed. The desk has nothing on this ticker yet. This is a pure price action event, isolated from the narrative flow. The volatility is real, but the context is absent. Our feeds are silent.