Aryeh Klein

Curious if you could talk to what's been underpinning that because they have higher periods of carrier activity with lower services level

is there an element that over the long run, whether that's 5 or 10 years, where you think maybe that piece is at risk?

curious where you think kind of the biggest incremental opportunity remains on that front

I imagine there are some legal costs associated with DISH. Is that in G&A? Is it of any significance?

Curious if that suggests you're seeing an uptick in colo activity. And maybe you can talk to the colo versus amendment mix

you've had 2 quarters of outperformance at start of the year that amounts to more than the amount that guide was raised

the cost per megawatt in the Americas development pipeline increased to about $14 million from $12.5 million

how much of the strength in that business do you think is from share gain versus underlying demand strength?

can you just talk to the puts and takes for next year and the ability to stay or even accelerate from current growth levels

how are you thinking about what sustainable growth could look like over a longer-term, multiyear time frame?

Can you provide a little bit of color on the land acquisitions in Atlanta and Charlotte?

how you see that potential demand around inference evolving. And whether you'd expect it to be more beneficial to your 0-1 megawatt business

do those deals look different than some of your more traditional deals, be it from a size or location standpoint?

not that long ago, you changed the approach enabling your sales force to sell capacity further out from delivery. Is that some of what you are seeing

was it increased a decent bit here. Curious if you could maybe accelerate some of the investments that you're looking at to get capacity delivered more quickly

Can you maybe unpack a little bit more the expectation for recurring revenue growth to step up in the second half of the year or the rest of the of the year

I was hoping maybe you can talk a little bit about the other side of that and what you're seeing out there on the acquisition side, particularly with the $500 million of capital gains

Hoping you can provide a little bit more color on that and maybe how broad-based that might be across the business verticals

Can you talk a little bit about the cadence for RevPAR growth in the second half of the year? And specifically, what might drive Q4 growth relative to the third quarter

I was hoping you could talk a little bit more about some of the recent trends that you've been seeing in April from a demand standpoint

Just curious what your expectations are around that for 2025 and if you're starting to see that pick up for 2026

business transient room nights declined outside of government slightly. Hoping you could provide a little bit more detail

where you think we are in that investment process? And could this spend potentially accelerate as you invest in AI?

there's been some pretty big program renewals for premium cards at both Capes and Amex with their own offerings. I'm curious if you view that as competition

Has that started to stabilize in April? And any signs of weakness at government-adjacent businesses, such as consultants?

Was hoping maybe you could talk a little bit about what you are seeing with respect to inbound international travel to the U.S.

if there was an opportunity to actually be more aggressive on that front given that it's accretive to growth, and you have such a strong cost of capital