We’re going to be deep diving heavily back into the AI infra buildout here soon. Core model updates coming to $NBIS $CRWV $IREN to start. Looking to build year by year through 2030 with an emphasis of separating fact from FUD regarding where these names stand today. We remain very constructive on the sector as a whole with special credit to those with a healthy balance sheet, plenty of financing flexibility for the buildout ahead, and those creating full AI native integrated stacks. Overall, we believe the current market dynamics are extremely sentiment driven and could flip “overnight” at any time. We aren’t predictors of short term technicals, but we believe the flip will come now or over the next several months. In the meantime, we see a multitude of opportunities across the sector and continue to average into the most high quality names. We view this is a generational buying opportunity for the next leaders in Cloud. The fundamental picture has not worsened and if anything valuations are more attractive across tech as a whole than they have been over many years. We are buyers and will continue to be at these prices, unless the thesis is fundamentally proven broken.