As of today’s close, the stock price of Amazon is up 5% month-to-date, outperforming S&P 500 peers. This relative strength is driven by a better-than-expected operating income margin of 10.2%, a significant improvement from last year. EPR has an attractive 6.1% dividend yield and is a rare stock that pays monthly. It currently trades for about 11.2 times its 2025 funds from operations (FFO) guidance, and as rates fall and EPR is better positioned to take advantage of opportunities, this could end up being an extremely cheap entry point. (Note: FFO can be considered as the real estate equivalent of earnings.) In retrospect, Twilio (NYSE: TWLO) was one of the market's earliest major AI businesses. But nobody fully appreciated that its tech was a kind of AI when the company was launched in 2008. Hedge fund flows have increased positions in the stock price of Amazon by 7% this quarter, reflecting tactical allocation to high-growth tech amid broader market uncertainty.