Not saying $FSLY can't continue to rally in this environment, but I ran the math and impact to #s# doesn't seem big at all. Agent browsing is heavy on requests and light on bytes. As FSLY's CEO put it this week, “agents aren’t watching videos yet.” Under our usage/pricing assumptions, each Muse daily user generates only ~1.5–5 cents in annual revenue before splitting traffic with Cloudflare. At 250M daily users, that’s ~$4–13M as sole carrier, or ~$2–6.5M with a 50/50 split. Stack every bullish assumption at 250M daily users and we get ~$35–60M, or 4–7% of FY27E revenue and roughly a 10% uplift to operating income. Reminder: FSLY fell 38% on May 7 after the last OpenClaw/agent run-up, when Network Services only grew a disappointing 11%. I know this different, jus pointing it out. Precedent: in 2021 Piper sized all of Apple’s iCloud Private Relay at $40–74M/yr, split across three CDNs. It never showed up as a visible step-change in FSLY's numbers. No position here, just know what you're getting into (Disclosure: I've been blown up on FSLY before)